Contact Us

Bold labels are required.

NameThis field is required.


The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.


Privacy Policy

Simon, Fitzgerald, Cooke, Reed and Welch
Simon Fitzgerald, LLC
Louisiana’s Oldest Bankruptcy Law Firm
Free Case Evaluation
View Our Practice Areas

There are many things that can lead to a bankruptcy filing

As you review your personal finances, you may come to find that you've taken on more debt than you would like. Furthermore, there could come a point when you're unable to make ends meet.

There are many things that can lead to a bankruptcy filing, some of which you can blame on yourself and others that are out of your control.

  • Medical debt: Even if you're feeling healthy today, something could go wrong tomorrow. If you become ill or suffer an injury, it could result in debt that you're unable to pay. This holds true even if you have quality medical insurance.
  • Job loss: Just the same as a medical emergency, you don't always see this coming. It can sneak up on you at any time, thus making it difficult to pay your bills. Along the same lines, your company could reduce your income, which also affects your finances.
  • Credit card debt: As the months turn to years, you add more and more debt to your credit cards. Before you know it, you're unable to make your minimum payment and creditors are contacting you to find out why.
  • Unexpected expenses: You do your best to avoid unexpected expenses, but there's no guaranteed way of doing so. From a home repair to a sick parent, you never know if an expense will come into your life that you didn't plan on.
  • Budgeting problems: Your budget is meant to keep your finances on track, month after month. However, for many reasons, you could begin to spend more than you earn. Bad budgeting leads to many other problems, such as credit card debt.

These are not the only things that can lead to a bankruptcy filing, but they are common among people who go down this path.

If you come to find that filing for bankruptcy can improve your situation, start by learning more about the process. From there, focus on the pros and cons of both Chapter 7 and Chapter 13.

Once you understand how to file for bankruptcy and what you're up against, you can move forward with the process. In the end, it's your hope that you find financial relief and are able to start fresh.

No Comments

Leave a comment
Comment Information
Email Us For A Response

Office Locations

Shreveport Office
4700 Line Avenue, Suite 200
Shreveport, LA 71106
Fax: 318-868-8966

Map & Directions

Shreveport Office

Alexandria Office
1118 3rd Street
Alexandria, LA 71301
Phone: 318-224-0340
Fax: 318-868-8966

Map & Directions

Alexandria Office

Lafayette Office
2901 Johnston Street, Suite 202
Lafayette, LA 70503
Phone: 337-205-0492
Fax: 337-456-5465

Map & Directions

Lafayette Office