On behalf of Simon, Fitzgerald, Cooke, Reed and Welch | Dec 6, 2019 | Bankruptcy
The idea of starting over financially may seem appealing to many people struggling with debt in Louisiana. However, if you have a sizable retirement account, beginning from scratch at this point in your career may feel terrifying. At Simon, Fitzgerald, Cooke, Reed and...
On behalf of Simon, Fitzgerald, Cooke, Reed and Welch | Dec 4, 2019 | Bankruptcy
If your Louisiana job pays you a decent salary or wage, but you still find yourself swimming in debt to the extent that you fear your home will go into foreclosure, Chapter 13 bankruptcy may be the answer to your financial problems. Chapter 13 accounts for most...
On behalf of Simon, Fitzgerald, Cooke, Reed and Welch | Nov 18, 2019 | Bankruptcy
To file for bankruptcy does not mean that you can never rebuild your credit. For those who struggle with debt in Louisiana, bankruptcy is sometimes the best option. According to Credit Karma, bankruptcy stays on your credit report for 10 years, however this does not...
On behalf of Simon, Fitzgerald, Cooke, Reed and Welch | Nov 6, 2019 | Bankruptcy
Baby boomers in Louisiana and elsewhere may face unique financial challenges as they approach retirement and anticipate lessened incomes. According to Business Insider, an increasing number of Americans aged 65 or older are filing for bankruptcy protection. The number...
On behalf of Simon, Fitzgerald, Cooke, Reed and Welch | Oct 17, 2019 | Bankruptcy, Chapter 7
As a resident of Louisiana who is seeking debt relief through bankruptcy, there are several options available to you. Today, we at Simon, Fitzgerald, Cooke, Reed and Welch, will highlight the benefits specific to Chapter 7 bankruptcy. Chapter 7 is often a good choice...
On behalf of Simon, Fitzgerald, Cooke, Reed and Welch | Sep 24, 2019 | Bankruptcy
Bankruptcy is a tool used to help consumers manage debt they can no longer afford. Unfortunately, misinformation and stigma surrounding bankruptcy cause many individuals to avoid filing at all costs, even if they would benefit from doing so. Evaluate your options...
On behalf of Simon, Fitzgerald, Cooke, Reed and Welch | Sep 9, 2019 | Bankruptcy
There is a lot of focus on starting a bankruptcy case in Louisiana and making sure you qualify to file the type you have chosen to file. There is not so much focus on discussing how a bankruptcy case ends. That is, after all, the best part of the whole process. At the...
On behalf of Simon, Fitzgerald, Cooke, Reed and Welch | Aug 12, 2019 | Bankruptcy
One popular misconception about bankruptcy is that it will prevent you from ever obtaining credit again. However, it may surprise you at how quickly you can get loans and credit cards after bankruptcy. It is not as difficult as you think. While it is true that filing...
On behalf of Simon, Fitzgerald, Cooke, Reed and Welch | Jul 18, 2019 | Bankruptcy
Bankruptcy is a great way to reset, so to speak, and to get on the path to a happier, less stressful and more fulfilling life. However, though discharging your oppressive debt may appeal to you for several reasons, you are likely hesitant to file for one main reason:...
On behalf of Simon, Fitzgerald, Cooke, Reed and Welch | Jul 3, 2019 | Bankruptcy
Many people feel like filing bankruptcy is somehow a failure, but the reality is that filing at the right time is a smart financial move. If you are buried under debt, it does you no good to avoid taking care of the situation. Sometimes, bankruptcy can be the best...
