Louisiana Bankruptcy Attorneys
Louisiana bankruptcy laws are provided to allow honest but unfortunate debtors who have fallen into debt a way to receive relief from their debts that they are unable to repay.
When you file bankruptcy in Louisiana you have the option of filing chapter 7 or chapter 13 bankruptcy. Your bankruptcy lawyer can help you examine your debts and income to determine which chapter is most appropriate for you and whether you are even eligible for filing chapter 7.
Depending on your finances, income, debts and assets chapter 7 or chapter 13 may be more beneficial for you. If you would like to find out about the bankruptcy laws and how they can be leveraged to help you fight your debts you can work with a local bankruptcy attorney. We make it simple, confidential and free for you to connect with a local Louisiana bankruptcy to learn the differences between chapter 7 and chapter 13. The Louisiana bankruptcy exemptions allow you to keep certain property when filing bankruptcy so you won't loose all of your property when filing bankruptcy.
Chapter 7 is a liquidation bankruptcy and is common for those debtors with little to no income or assets.
Chapter 13 bankruptcy is a reorganization bankruptcy that is popular for debtors with more income and assets that are not protected by the Louisiana bankruptcy exemptions.