Bankruptcy
Debt Relief
Property & Assets
Bankruptcy FAQ
Louisiana residents who face increasing debt and financial pressure may turn to bankruptcy for relief. Whether a Chapter 7 or a Chapter 13 filing will suit your situation best, there are some common errors to watch out for as you prepare. The following mistakes can...
Having a higher education typically is the foundation for securing good employment and financial stability. However, it takes money to get an education. The price of schooling has gone up over the years, making it mandatory to rely on scholarships, grants and...
You are in the process of filing for your personal bankruptcy, and you worry about what happens after. Whether you are due to receive a Chapter 7 discharge of your debts or a debt restructuring through Chapter 13, you are bound to have some questions. Like many other...
Celebrities are not immune from falling behind on paying their debts. One of the most recent examples involves Lil' Kim, who has accumulated over $1.47 million in back taxes. However, Lil' Kim is far from alone. Here are other famous people throughout the years...
Like just about any legal proceeding, filing for bankruptcy requires that you have exhaustive documentation. For example, when you first meet with an attorney, ideally you will bring paperwork such as proof of income (workers' compensation, pay stubs,...
If you, like many others across Louisiana, find yourself struggling under mounting debt and financial pressure, you may be wondering if filing for bankruptcy might give you the fresh start you desperately need. While you may be somewhat familiar with the terms...
There are a number of reasons why people need to file for bankruptcy. People may need to file because they lost their jobs or a family member experienced a medical emergency. According to the court website, approximately 115 people in central Louisiana file for...
If you are declaring bankruptcy, you probably have a lot of concerns about your credit score. You may fear that you will never have good credit again. Filing for bankruptcy does affect your credit, but the damage is not irreparable. Bankruptcy does not...
You probably know that when you file Chapter 7 bankruptcy in Louisiana, your credit card debt is wiped out; i.e., discharged. Consequently, you may think that maxing out your credit cards before filing bankruptcy is a good idea. It is not. While it is true that...
As you have dealt with overwhelming debt, you have likely looked at all your options. Once you have decided on filing for bankruptcy as your solution, you may next consider when to file. Does the timing of your filing make a difference in the outcome? The answer...