Bankruptcy
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Bankruptcy FAQ
According to Bankrate.com, the average credit card debt per family in Louisiana is almost $5,000. Did you know that if you only make the minimum payment each month, it would take nine years to pay this off? And that is if you do not incur any other debt during this...
It's no secret that many Louisiana residents struggle with credit card debt. In fact, according to a new report by Business Insider, Ruston, Louisiana, comes in second in the nation for cities with the worst credit card debt among residents. Hammond, Louisiana, is...
Many Americans live paycheck to paycheck, so when an emergency happens, like an expected medical expense or a car repair, they don't have any extra cash to cover it. They may turn to a payday loan for help. Unfortunately, payday loans are commonly known as debt traps...
Is your New Year's resolution to finally face your debt? If so, meeting with a bankruptcy lawyer might be the best first step to take. By meeting with a bankruptcy lawyer, you are not deciding that you will file, you are simply finding out more about the process and...
While holiday cheer is in the air, you may be feeling uneasy about the cost of gifts, groceries and everything else that comes with holiday parties and gift exchanges. While it may be tempting to use the holidays as a good excuse to charge things to your credit card -...
Owning a business is not for the faint of heart. While starting a successful business from the ground up can be one of the most rewarding experiences in life, there are many, many businesses that fail every year in Louisiana. Failed businesses can cause entrepreneurs...
Most Americans have at least some form of debt, whether it is a home mortgage, an auto loan, student loans or some other kind of credit. In fact, many of us will carry various forms of debt for our entire lives. But have you ever wondered what will happen to your debt...
For a lot of people, bankruptcy is a scary word. The thought of facing overwhelming debt can be terrifying, especially when it means letting other people know exactly how much you owe. You might also be nervous about what the legal bankruptcy process is like, and the...
One of the best things a person can do to rebuild their credit score after filing for bankruptcy protection is to open a credit account and use it wisely. However, those who have had financial problems in the past are often offered subprime credit cards, which can...
For many people facing serious debt problems, the last thing they want to do is take on a complicated legal process like filing for bankruptcy. But the truth is that, with the right lawyer on your side, filing for bankruptcy doesn't have to be stressful. At this...