Bankruptcy has earned a reputation that leads many people to look down on the process, and people who choose to use it. There are many myths about bankruptcy and those who use it. By dispelling these myths, people can understand how beneficial bankruptcy is to those...
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Questions
Filing bankruptcy does not mean you must lose everything
A lot of people start to worry when they look into Chapter 7 bankruptcy. It is true the process involves selling some of your belongings and assets in order to pay off portions of your debt. But it is not a free-for-all. You won’t have a stranger waltz into your home...
Do you pass the means test for Louisiana Chapter 7 bankruptcy?
If you have found yourself struggling to keep your debt under control, bankruptcy may seem increasingly appealing. Chapter 7 bankruptcy, in particular, offers a host of benefits for those struggling with overwhelming debt. In addition to an automatic stay that...
Can I file for bankruptcy and keep my home?
The short answer to this frequently-asked question is: Yes, it is often possible to file for bankruptcy protection and keep your home. One of the biggest misnomers about filing for bankruptcy is that the process results in losing all of your property and assets. As a...
What does it mean to file for bankruptcy?
Filing for bankruptcy is not something to be ashamed of. Our founding fathers made bankruptcy an option in our Constitution because they understood what a burden serious debt can be and they wanted Americans to be able to regain their freedom. As you probably already...
