If you are trying to cope with overwhelming debt in Louisiana, you might consider bankruptcy. While bankruptcy is often an effective form of debt relief, there are a lot of misunderstandings about how it works. What you should know about bankruptcy Bankruptcy is a...
Are you going to lose your dog during bankruptcy?
Many Louisianans have more debt than they can successfully manage. If you fall into this category, you likely know how stressful crippling debt can be. After all, not only may you struggle to pay your bills, but you must also likely put up with annoying collections...
Understanding the Chapter 7 means test
It is often portrayed that those people in Shreveport(Also serving Monroe area) who seek personal bankruptcy protection are abusing the privilege simply to get out of having to pay their bills. This leads to a stigma being associated with bankruptcy. Yet in reality,...
A debt relief option that can help alleviate tax debt
Some Louisiana residents enjoy substantial refunds on their tax returns. Others, perhaps including some business owners, wind up facing heavy tax debt that they might not be prepared to meet. Especially if a business is already struggling financially, such crisis can...
Which debt relief option will help you a beat financial crisis?
Trying to find a Louisiana resident who has never experienced financial problems in life is like trying to find a needle in a haystack. Most adults have, at some point, encountered financial challenges. Overcoming such problems often hinges upon the type of debt...
Debt relief: Payless files Chapter 11 bankruptcy
Louisiana consumers who like to buy nice looking shoes for low prices often shop at Payless. The discount shoe mogul has stores spread across the country. However, financial crisis has been a main theme in the store's recent past and, apparently, the present as well....
Debt relief issues: What prompts bankruptcy most often?
In Louisiana and most other states, the global, national or local economy can have a significant impact on the financial stability of individual households. Most people would agree that they have enjoyed financial gain and have also waded through some rough financial...
Rebuilding your credit after bankruptcy is possible
One of the biggest concerns that many people have when they consider filing for bankruptcy is the impact it may have on their credit score and their ability to borrow in the future. Choosing to use bankruptcy is not something that any person should take lightly, but...
When credit card debt threatens financial stability
Many Louisiana residents are doing their best to stay afloat financially. Any number of circumstances can cause difficulty just to make ends meet. It can be tempting to swipe a credit card when cash flow is short; however, this often sparks credit card debt that winds...
Are disabled veterans being forced into Chapter 13 bankruptcy?
Louisiana is home to many disabled U.S. military veterans whose sacrifices and courageous service has helped protect and preserve the United States as a free nation. Many people in this state and others are upset about federal bankruptcy laws, saying the current...