No one wants to be in a position where they must file for bankruptcy, and no one sets out to get in over their head financially. Unfortunately, sometimes circumstances outside their control need some help. However, those who find themselves in a position where they...
For the most part, the general public, including your friends and family, will not know that you filed for bankruptcy unless you tell them. However, there are a few parties that must find out as part of the process. Who receives notice of your filing for bankruptcy?...
Suppose you are struggling with significant debt due to a serious illness, job loss, a divorce or another unexpected life situation. In that case, filing bankruptcy may present a beneficial way to find financial relief. However, you might worry about losing your house...
Having a lot of debts can be overwhelming and pressuring. However, you can get this financial pressure off your shoulders by filing for Chapter 7 or Chapter 13 bankruptcy. Both of these chapters can offer you debt relief, but they are different in how they work. The...
There is no telling what kind of hard challenges life will throw our way. Sudden medical hardships and unexpected disasters can even cause people with strong financial skills to suddenly become penniless. Bankruptcy attorneys know how to help people overcome their...
If you are at the point where you are considering filing for bankruptcy, you have likely found yourself in a significant amount of debt that you believe you cannot overcome without help. The good news is that bankruptcy may offer a way out, irrespective of your...
Drowning in debt creates stress for many Louisiana residents. Unfortunately, it isn't a problem that is likely to go away anytime soon. Some individuals can't manage to keep up with the minimum payments, and they think that they won't ever get out of debt. For some,...
If all you did was take a passing glance, you might start to think that Chapter 7 bankruptcy is more beneficial for the average person in Louisiana then Chapter 13 bankruptcy. Chapter 7 bankruptcy involves the immediate discharge of unsecured debts if the courts...
Dealing with overwhelming debts can feel extremely stressful, and can ignite panic or denial for many. Panicking about debt can be a bad thing to do because it can lead to making irrational decisions. For example, some people decide to take out high-interest loans...
Filing for Chapter 13 bankruptcy is a big decision that will impact your life now and in the future. Once you understand what the process entails, it's easier to get on board with the idea of efficiently moving forward. Here are five things you should collect before...