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Simon, Fitzgerald, Cooke, Reed and Welch
Simon Fitzgerald, LLC
Louisiana’s Oldest Bankruptcy Law Firm
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August 2018 Archives

Does the elder population have a high risk for debt relief needs?

Many Louisiana residents who are age 65 and older share some experiences in common. Some are retired and living off meager pensions or other retirement benefits. Others have had to continue working to make ends meet. Recent studies suggest that another issue many older people have in common is an urgent need for debt relief, and it appears to be a growing problem.

Battery manufacturer preparing for Chapter 7 bankruptcy

When a business in Louisiana or elsewhere realizes that significant partnerships it was banking on to succeed are not going to happen, it may be a sign that the time has come to close up shop. Financial issues are often at the root of such problems. Many business owners realize the value of wiping the slate clean by filing for Chapter 7 bankruptcy. Some eventually re-open their doors once they have restored financial stability.  

Choose support carefully when in need of debt relief

Many Louisiana residents may be among those throughout the nation who know what's like to face serious financial problems. While no two situations are exactly the same, there are often common denominators as to what types of issues initially caused financial trouble. Such circumstances are not rare; however, it is also common that someone encountering money problems for the first time may have absolutely no idea where to seek debt relief support.  

Avoid debt and know how to access debt relief support, if needed

Louisiana residents are not immune to the ebb and flow of the nation's economy. Like many people in other states, most people here can relate to ups and downs where their finances are concerned. If a person is worried about possible financial crisis, there may be several things he or she can do to avoid falling into serious debt. If a problem has already arisen, there may be several debt relief options available.

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Shreveport, LA 71106
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Alexandria, LA 71301
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Lafayette, LA 70503
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Fax: 337-456-5465

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