Bankruptcy
Debt Relief
Property & Assets
Bankruptcy FAQ
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...
If you are like many people in Louisiana, you have severe financial problems. You may have lost your job, or your salary may be far less than what it once was. In the meantime, you may have accumulated substantial debt that you now find you cannot pay. You may be...
When you hear the term "bankruptcy," you may feel fearful. You may think that filing for bankruptcy is a moral failure or it will ruin your credit forever. There are a lot of myths and misunderstandings about bankruptcy that induce fear and intimidation in...
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...