Financial Crises That Can Lead To Bankruptcy

You probably never expected to need bankruptcy protection, but sometimes a major life event can turn your debt from manageable to overwhelming. Things like divorce, the loss of your job or a health emergency can quickly drain your finances and force you to live on credit cards until you are unable to make your payments anymore and debt collectors are hounding you.

At Simon, Fitzgerald, Cooke, Reed and Welch, we empathize with your situation. We know how a bad break or two can trap you in debt. Our attorneys can work with you to end the cycle of debt using bankruptcy and get you back to financial stability. We are Louisiana’s oldest bankruptcy law firm, and we are ready to help you.

Life Crises Often Turn Into Financial Crises

You may be financially secure during your marriage, but you may not be prepared to support yourself if you get divorced. Especially if you do not have an income of your own, and alimony is not an option, you could quickly run out of money to pay your household expenses. The same can happen if you lose your job or contract a serious illness. Similarly, a life-threatening illness like cancer can force you out of work for months, while your medical bills quickly add up into hundreds of thousands of dollars.

Filing for bankruptcy is never something to be ashamed of, but this is especially true if your debts built up due to something outside of your control. However, you got into trouble with debt, you have the right to use Chapter 7 or Chapter 13 bankruptcy to give yourself a fresh start. We will explain the complexities of bankruptcy law and usher you throughout the process. We will represent your interests every step of the way.

End The Burden Of Debt. Call Us Today.

Schedule a no-obligation consultation with one of our bankruptcy professionals. Call 318-550-4873 or toll-free 888-341-8091 to reach us, or send us an email if you prefer. We have three offices throughout Louisiana for your convenience, located in Shreveport, Alexandria and Lafayette.