If creditors have been hounding you for money you don't have, you may benefit from Chapter 7 Bankruptcy protection. When your case is filed, a judge will order an immediate stay, which means all creditors must stop contacting you for payment of outstanding debts. When Chapter 7 Bankruptcy is completed, most of your unsecured debt will be discharged or eliminated, and you can make a fresh start and start rebuilding your credit almost immediately.
Many clients are afraid of being judged harshly for thinking about filing for Chapter 7 Bankruptcy. We see many clients struggling with heavy medical debt or credit card debt due to wage cuts and layoffs. The mission of our attorneys is to provide excellent consumer bankruptcy counsel. We work hand in glove with clients who need to gather the appropriate paperwork and get it filled out properly. As your attorneys, we analyze your financial situation and recommend legal remedies, including Chapter 7, a debt relief plan, or Chapter 13 Bankruptcy, a wage earner's plan.
Contact the firm to discuss your case with a qualified attorney. Call the Baton Rouge office at 225-615-7774 or the LaPlace office at 985-651-5421 to schedule your free telephone consultation.
The State median income for a family of four is $66,256. If your family income is less than that, you would qualify for Chapter 7 Bankruptcy easily. If your income exceeds that, you may still qualify if you pass the means test, which is designed to allow debt repayment by those who can afford it. If you do not pass the means test, you may still qualify for Chapter 13 Bankruptcy protection.
If you decide to move forward with Chapter 7 Bankruptcy, you must complete required credit counseling education to meet bankruptcy requirements. Enter attorney code RL4722 to have a certificate of completion sent to our office for the two required courses.
When an individual files for protection under Chapter 7, much of their personal property/assets are exempt under state and/or federal law. This means that you will not lose such property. For example, the first $35,000 of equity in your primary residence is exempt. Louisiana debtors also get one vehicle exemption up to $7,500.00. Further, qualified retirement plans and pensions are 100% exempt as are the debtor's household goods and furnishings (exclusive of electronic items), personal wardrobes, wedding rings, one firearm and certain tools of trade. Some debts are not eligible for discharge, including student loans, child support payments and certain taxes owed.
The Bacchus Law Group, LLC prides itself on client communication. Clients are kept informed of every step of step of the process involved in resolving their concern. Phone calls are important and are returned within the same day. Contact a lawyer at our firm to schedule a free telephone consultation.
Bacchus Law Group, LLC
Baton Rouge Office:
5536 Superior Drive, Suite F
Baton Rouge, LA 70816
Telephone: 225-615-7774 | Fax: 225-615-7573
LaPlace Office:
518 Belle Terre Blvd
Laplace, LA 70068
Telephone: 985-651-5421 | Fax: 985-651-5491
We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.
The lawyers at Bacchus Law Group, LLC provide quality legal services to clients throughout southeast Louisiana and the River Parishes in the communities of Baton Rouge, LaPlace, Denham Springs, Gonzales, Prairieville, New Orleans, Kenner, Metairie, Zachary, Port Allen, Livingston and Walker. The firm also represents people and businesses in St. John Parish, St. James Parish, St. Charles Parish, East Baton Rouge Parish, West Baton Rouge Parish, Ascension Parish, Livingston Parish, Jefferson Parish, St. Tammany Parish and Orleans Parish.
The information you obtain at this site is not, nor is it intended to be, legal advice. You should consult an attorney for individual advice regarding your own situation.
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