There are so many forms of debt out there that it can be hard to keep track of them all. Credit card debt, mortgages, car loans, student loans, medical debt -- the list goes on and on. But today let's talk about that last one we mentioned. Medical debt is a huge...
Chapter 7 bankruptcy is one of the most common forms of bankruptcy, and it can help people all across Louisiana and, indeed, the entire country. While there are some drawbacks to filing for Chapter 7 bankruptcy, there are some substantial benefits to this type of...
One stumbling block that keeps some people from filing for bankruptcy is the belief that it will doom their credit for years. However, it is possible to begin rebuilding your credit promptly, and in just a few months, your credit score may start to rise. In a...
When you file for bankruptcy, one of the most important parts of the process is the debt discharge process. This stage of the bankruptcy will see many of your debts eliminated, and your creditors will no longer be able to go after that debt. Chapter 7 heavily relies...
There are few assets that could even be considered more valuable than your home. Sure, your car and some valuable family heirlooms hold value, but your home is the place where you feel comfortable. It's where you live. It's where you raised your kids. Losing your home...
Credit card debt is a scary factor in the lives of many people all across the country. But is it the scariest thing you can think of? According to a new survey done by the website Credible, people aged 18 to 34 who carry credit card debt see their debt as the scariest...
Given the complexities of bankruptcy and the fear that many people feel about the process, there are two common questions that people have when they discuss the issue with an attorney. The first is "what are the legal and logistical processes for a bankruptcy filing?"...
If you are considering filing for bankruptcy and have begun researching the process involved in doing so, you may have come across the term “means test,” and you may be wondering what it is and what it entails. Essentially, the bankruptcy means test...