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...
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...
Real estate developer chooses Chapter 7 for debt relief
As in most other states, the real estate market in Louisiana has its ups and downs. For commercial property owners, this can sometimes cause financial crises that are difficult to resolve. In fact, some real estate investors, such as the developer of a planned luxury...
Deal falls through, company files Chapter 7 bankruptcy
Louisiana companies often use mergers or acquisitions to rebound from serious financial problems -- blending the companies' multiplies resources, which, in turn, can often help get things back on track. It doesn't always work out that way, however, as made evident by...
Forced Chapter 7 bankruptcy may impact more than one business
Most Louisiana business owners understand that any number of issues can financially make or break a company. Many business owners try to expand their earning potentials and boost their overall productivity and profitability through mergers or acquisitions. Doing so...
Bus company files Chapter 7 when liabilities outweigh assets
In Louisiana and other states bankruptcy is a responsible option to achieve debt relief. Every situation is unique and circumstances must be carefully reviewed before a decision can be made regarding whether Chapter 7 or Chapter 13 is the best choice. Each includes...
Things to know about Chapter 7 debt reaffirmation
Many people throughout the nation, no doubt including some in Louisiana, have fallen upon hard times financially. Some will likely be able to resolve their financial problems by adjusting their spending habits. Others, however, face debt situations that have gotten...
