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...
At any given moment, many people are considering bankruptcy. They do so for a variety of reasons, such as job loss, medical debt and crippling credit card bills. However, some feel tempted to dip into one last account, their retirement account, before they meet with...
Perhaps the only thing harder than facing bankruptcy is facing divorce along with it. What are you to do when your savings account ends the same time as your marriage does? Does it make a difference which event you handle first? Yes, it does. Whether you should file...
If you are in over your head financially and struggling to make ends meet in Louisiana, you may be tired of wondering if you are going to lose your house and cars. You may find yourself wondering if debt relief/consolidation is a better option for you than bankruptcy....
When debt becomes smothering and overwhelming, calls from creditors haunt your dreams and you cannot see a way out of the financial situation you are in, bankruptcy can provide hope for a brighter financial future, no matter where you start. Many fear the stigma...
A recent post about creditor harassment listed a couple of ways creditors or collection agencies can become a nuisance. If you have debt you are probably already stressed out and doing what you can to address the financial hurdles in your life. Harassment by outsiders...
Data gathered from agencies and organizations across the country reveal how many families are struggling with medical bills. Part of the problem is that people are responsible for paying more out-of-pocket costs because of high-deductible insurance plans. To meet...
Many Americans live paycheck to paycheck, so when an emergency happens, like an expected medical expense or a car repair, they don't have any extra cash to cover it. They may turn to a payday loan for help. Unfortunately, payday loans are commonly known as debt traps...
Is your New Year's resolution to finally face your debt? If so, meeting with a bankruptcy lawyer might be the best first step to take. By meeting with a bankruptcy lawyer, you are not deciding that you will file, you are simply finding out more about the process and...
Owning a business is not for the faint of heart. While starting a successful business from the ground up can be one of the most rewarding experiences in life, there are many, many businesses that fail every year in Louisiana. Failed businesses can cause entrepreneurs...