If you are contemplating bankruptcy in Alexandria, LA, or the surrounding areas, you probably have concerns about what property, if any, you can keep after filing for Chapter 7 bankruptcy. Some of your assets may fall under the exempt classification, allowing you to...
When crushing debt overwhelms you, bankruptcy may be appropriate for getting your finances in order. However, you may wonder if this option will complicate your life in new ways. A common concern is that bankruptcy will prevent you from finding employment or cause you...
If you have already made the big decision of filing for bankruptcy, you may be wondering how to prevent yourself from getting into a sticky situation again. Budgeting is a helpful tool that you should use to keep your finances on track to avoid bankruptcy in the...
Bankruptcy is a legal process that usually eliminates debt and provides an opportunity for a fresh start. One of the best ways to take advantage of that opportunity is to rebuild your credit score. In the time before a bankruptcy, people are usually not paying their...
If you are having financial difficulties, you may not know where to turn or what to do. In this situation, you may wonder if you should file for bankruptcy. While bankruptcy may not be right for everyone, there can be many different situations where it will be...
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?...
Bankruptcy can help you eliminate significant debt and move forward financially. If you recently filed bankruptcy, you are one of many Americans who also took advantage of this legal option. According to the U.S. Courts, in 2021, annual bankruptcy filings totaled...
When bills and debts pile up, filing for bankruptcy may offer a welcome fresh start. Whether filing for Chapter 7 or Chapter 13 bankruptcy, the following documentation will prove helpful: Proof of income Tax returns and pay stubs establish your income. Provide at...
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...
If you are in financial trouble, you may feel a lot of anxiety about what you should do to resolve it. Having debt can complicate many areas of your life, and prevent you from making big life decisions. Everything from housing to finding a car can feel impossible when...