If you face overwhelming debt in Louisiana and have both a first and second mortgage on your home that you fear you cannot pay, you may be able to save your home from foreclosure via a Chapter 13 bankruptcy. In addition, you may be able to get rid of your second...
If you have delinquent debts, then you've likely received your fair share of harassing calls from collection agencies. What you may not be aware of is that there's a limit to how a debt collector can engage with you. If their interaction with you goes beyond a certain...
Access to a credit card can be both a good and bad thing. On the plus side, you don't have to immediately part with cash to make a purchase. Conversely, this makes it much easier to spend money on something you can't afford. There are definitely times when it makes...
It doesn't take long to get in over your head financially. If you carry a balance on your credit cards, finance your vehicles and have a mortgage, those payments likely consume a significant portion of your pay every month. Getting into a car accident, suddenly...
Celebrities are not immune from falling behind on paying their debts. One of the most recent examples involves Lil' Kim, who has accumulated over $1.47 million in back taxes. However, Lil' Kim is far from alone. Here are other famous people throughout the years...
If you find yourself drowning in credit-card debt and searching for a solution, the best thing you can do is start at square one. For most, this means learning more about credit-card debt and understanding the steps you can take to make progress in paying it down. In...
No one dreams of the day when they will file for Chapter 7 bankruptcy, as this means something has gone wrong in regards to your finances. If you come to realize that Chapter 7 bankruptcy could help your financial situation, it makes sense to learn more. While you...
Like just about any legal proceeding, filing for bankruptcy requires that you have exhaustive documentation. For example, when you first meet with an attorney, ideally you will bring paperwork such as proof of income (workers' compensation, pay stubs,...
Having credit card debt is very common here in the United States. How much such debt do people here in Louisiana tend to carry? Less than individuals from many other parts of the country, according to recent figures discussed in a Forbes article. The figures regard...
How stressed are people in Louisiana? Very, according to a recent report. And it appears financial stress is a major contributor to this. The WalletHub report found Louisiana to be the most stressed state in the entire country. The rankings were reached through...