"It gives to the honest but unfortunate debtor…
a new opportunity in
life and a clear field for future effort,
unhampered by the pressure and
discouragement of preexisting debt."
Local Loan Co. v. Hunt, 292 U.S. 234, 244 (1934)
If you're in debt, bankruptcy may be the best solution for your problems. Bankruptcy laws are federal protections designed to help consumers facing overwhelming debts. As stated above, the purpose of bankruptcy is to give an honest debtor a fresh start in life.
Are you an honest debtor? Let's face it, life happens fast, and people face unexpected and costly challenges all the time - lost jobs, staggering medical bills, unexpected family expenses, and ever-increasing interest charges on credit cards and loans. These things can make you fall behind on the payments for the things you need most, like your car or home. You continue to struggle until you find yourself in a situation where you can't afford to pay your bills and still have enough money to survive. You don't know what to do anymore...
This site is here to help! Bankruptcy is one option you have to pull yourself out of your present situation and give yourself a fresh start. This site is here to help you understand more about bankruptcy and whether or not it is a viable option for you.
You probably are asking questions, like "Will I be able to keep my house?" "Will I be able to keep my car?" "What happens to my credit card debt?" "How long does this affect my credit report?" "How much does it cost to file?"
Information contained on this site is simply general information designed to help you understand the very basics of what can happen in a bankruptcy proceeding. Remember, the bankruptcy laws are designed to help you, and the best way to take advantage of these protections is to be familiar with the process, be prepared and honest, and have realistic expectations. All information here is not to be taken as legal advice, and it does not create an attorney-client relationship. If you have a specific question that you would like to discuss with an attorney, please email labankruptcynow@gmail.com or call (504) 222-2536 to set up a personal consultation.
Louisiana Bankruptcy Now.com is operated solely by Jenny Abshier, Esq. and covers the Greater New Orleans area, including Jefferson, Orleans and St. Bernard Parishes. Jenny Abshier is a Louisiana attorney admitted to the Bankruptcy Court for the Eastern District of Louisiana, as well as all Louisiana state courts. More information about Ms. Abshier is available on her website www.jennyabshieresq.com.