Bankruptcy
Debt Relief
Property & Assets
Bankruptcy FAQ
The phrase "wage garnishment" gets thrown around quite often when the topic of debt or bankruptcy comes up. This is because some creditors will pursue debts that you owe, and when you fail to pay, they take legal action. Wage garnishment is the legal process by which...
Getting constant calls from debt collectors in Louisiana can really take its toll. You may even receive them at work or they may call your relatives, trying to get information about you. It can be a very frustrating situation. Even if you know you owe the debt, you...
Due to a variety of forces, many people end up in outstanding debt. In the state of Louisiana, the average student loan debt was $26,865 in 2015. Those numbers come courtesy of a report published in USA Today. One of the most frightening aspects of too much...
If you have ever found yourself in a position where you need more cash on hand, you might have felt tempted to utilize a payday loan. Payday loans are small cash loans you can secure ahead of your paycheck, as long as you agree to repay the loan once you receive...
In our last post, we talked about avoiding debt in the first place. This is a means of never having to deal with a bankruptcy filing, which is obviously the preferred way to go through life. However, not every person gets to live that life. Some honest, hard-working...
A lot of the focus of this blog is on bankruptcy, meaning that we are talking about a legal process that already assumes you are buried under a lot of debt. But of course, there is something even better than filing for bankruptcy to clear out your debts, and that is...
If you haven't heard of the Public Service Loan Forgiveness program, that's okay. It was created a decade ago for people who work for the government or for a non-profit. The purpose of the program was to allow these workers to clear out their student debts if they had...
Bankruptcy is an inherently complicated process that will leave filers feeling confused about what the next steps are for them. Bankruptcy is certainly meant for individuals, but there are obviously situations where one spouse in a married couple needs to file for...
There was a time, many decades ago, when student loan debt could be forgiven -- or, at least, it would go unpaid. But in the 1970s, a new law was passed that made student loan debt virtually impossible to discharge. This was in response to a wave of nonpayments. This...
When you are faced with mountains of debt, you may not be sure what step to take first. Many options are before you, each promising a positive outcome. You may wonder if it makes a difference which you choose. The answer is yes, it does. Some ways of managing debt are...