New Orleans Bankruptcy Attorney
Facing Serious Debt? Find a Way Out by Calling Our Firm!
When you feel yourself overwhelmed with debt, bankruptcy may be a viable option. Depending on the type of bankruptcy you pursue, you could find relief from crippling debt by being able to repay them all in monthly installments. A bankruptcy can also help you retain ownership of some of your property while keeping creditors from hounding you. Speak with a seasoned New Orleans bankruptcy lawyer from our firm to learn how to get out from under your mounting bills.
Take control of your financial future by reaching out to Big Easy Law Group. LLC. Our firm provides the personal attention and unique solutions to our client's problems. We walk clients through the bankruptcy proves step by step and only if it can be agreed that bankruptcy is the best path to take. No matter which route clients take, we can advise them the entire way to help them get on top of theri debt.
How We Can Help
Our vast understanding of bankruptcy laws means we can counsel you through your financial difficulties. At Big Easy Law Group, we know the angst and stress that financial difficulties can bring, so reach out to us today.
We can assist you with the following areas:
- Bankruptcy exemption
- Chapter 7 bankruptcy
- Chapter 13 bankruptcy
- Credit restoration
- Creditor harassment
- Foreclosure help
- Required document list
- Wage garnishment
Can Chapter 7 Bankruptcy Work for You?
In a Chapter 7 bankruptcy, a trustee collects and sells your non-exempt assets to obtain a fresh start for you. After selling, the proceeds of the liquidation are given to your creditors while the trustee retains a commission. Bankruptcy cannot cover debts stemming from alimony, child support, fraudulent debts, student loans, and certain items charged.
The following assets can be exempted from liquidation:
- Group insurance policies or proceeds
- Life insurance proceeds
- Property of any minor child
- Gratuitous payments to employee or heirs whenever paid
- Arms, bedding, linens, furniture, chinaware, silverware, clothing, refrigerator, freezer
- Engagements and wedding rings up to $5,000
- Workers' compensation
- Minimum 75% of earned but unpaid wages
If you wish to keep your home or car you owe money on, you can reaffirm your debt, which means you will be unable to get rid of that debt again for eight years and you will be obligated to continue making payments on it.
Get a New Orleans Bankruptcy Lawyer in Your Corner
If creditors are relentlessly pursuing you, we can help keep them from contacting you while you restructure your debt. Even if you are heavily in debt, you have rights and filing for bankruptcy can be a means of paying back your creditors and having a single, simple monthly payment to make. Our New Orleans bankruptcy attorney can help you dig yourself out and regain control of your life!
Speak with our firm today to speak with us during a free case evaluation!