As you contemplate the decision to seek bankruptcy protection in Louisiana, one of the most important choices you will make throughout the entire process is what chapter you will file under. Like most of the clients that we here at Simon Fitzgerald LLC work with, your...
When can I not file a Chapter 7?
Between Chapter 7 bankruptcy and Chapter 13 bankruptcy, more Americans file a Chapter 7. However, there are some circumstances where the bankruptcy courts may prohibit certain individuals from filing a Chapter 7 bankruptcy. It used to be that whether or not an...
Qualifications needed to file for Chapter 7 bankruptcy
Considering Bankruptcy Louisiana residents sometimes find themselves struggling with finances. In these cases, you may feel like filing for bankruptcy is your best option. Today we will look at how bankruptcy can offer you the help you need. We will start by...
How can Chapter 7 bankruptcy benefit you?
As a resident of Louisiana who is seeking debt relief through bankruptcy, there are several options available to you. Today, we at Simon Fitzgerald LLC, will highlight the benefits specific to Chapter 7 bankruptcy. Chapter 7 is often a good choice if you are seeking a...
Can you keep your home in a Chapter 7 bankruptcy?
Many consumers assume that filing for Chapter 7 bankruptcy means they lose everything, including their homes. However, sometimes this is not the case. Louisiana, like most states, offers homestead exemptions. If you plan to file for bankruptcy, it is important that...
Chapter 7 bankruptcy doesn’t have to mean losing everything
One of the concerns that prevents many people from using bankruptcy to discharge crushing debt is the possibility of "losing everything." Bankruptcy is rarely a painless process, but most proceedings do not take away all of a borrower's belongings, even Chapter 7. If...
Chapter 7 will discharge lawsuits, says bakery owner
Louisiana business owners understand how challenging it can be to stay afloat during economic turbulence or problematic situations involving workplace accidents. These two issues are perhaps the two biggest factors in a Chapter 7 bankruptcy that was recently filed in...
Chapter 7 bankruptcy: Make sure you qualify before you file
Many Louisiana residents will likely be among others throughout the nation who face serious financial crises in the post-holiday season. Fortunately, there are typically numerous options to help those in need obtain immediate debt relief and lay the groundwork to get...
Management company files for Chapter 7
Many Louisiana business owners facing financial difficulties seek debt relief through bankruptcy when needed. Chapter 7 bankruptcy typically includes a liquidation of assets. Bankruptcy laws can be complex, so it often helps to seek support from someone...
Chapter 7 bankruptcy situation leads to customer complaints
A family-run store in another state came upon hard times as online shopping and home delivery grew more popular. At least, that's what a spokesperson for the company recently said. The owners wound up filing Chapter 7 bankruptcy in early September. The events that...
