Chapter 7 Bankruptcy Attorney In New Orleans, Louisiana
Is Chapter 7 Bankruptcy Right for Me?
Undergoing a Chapter 7 bankruptcy in Louisiana, you may erase most of your financial burdens such as payday loans, medical bills, credit cards, personal loans, repossessions, and more. It's a good note to remember that in the majority of Chapter 7 scenarios, you're able to retain your home and automobile, given that your payments are kept up. The benefits certainly don’t stop there. The moment you file, you halt all the threats and intimidation, inclusive of lawsuits, garnishments, and frozen bank accounts. There are, however, some strict requirements, so it's beneficial to have a seasoned Chapter 7 attorney like Ron Adams along with you before you begin. Ron has a commendable success story in guiding clients to a fresh start on their financial journey. To find out how Ron can assist you on your path to financial freedom, reach out to him in New Orleans today.
Call Law Office of Ron C. Adams at 985-315-2620 to schedule a consultation with a lawyer today.
Are There Any Types of Debt Chapter 7 Doesn’t Cover?
Regrettably, Chapter 7 bankruptcies won't alleviate certain kinds of debt, which can be a source of frustration for many individuals seeking relief. If you are burdened with overdue income taxes owed to the federal or state government, as well as obligations such as child or spousal support, or student loans, you'll need to explore additional payment solutions for managing these specific financial responsibilities. However, it's important to note that filing for Chapter 7 bankruptcy concerning any other types of debt can significantly assist in freeing up more resources, allowing you to handle these remaining forms of debt more effectively. Therefore, it becomes crucial to begin collaborating with a reliable attorney who is well-versed in bankruptcy cases and understands the intricacies involved. Ron Adams, a proficient bankruptcy lawyer based in New Orleans, Louisiana, is well-equipped to consult with you to formulate a comprehensive strategy that will help you successfully navigate your debt and work towards financial renewal. Don’t hesitate—schedule a meeting with Ron Adams today and take a meaningful step towards achieving financial independence and rebuilding your future!
What Are Some of the Requirements for a Chapter 7 Bankruptcy?
In order to keep the advantage of an “easy way out” from being primarily accessible to high-income individuals, applicants for Chapter 7 bankruptcy must go through a means test. This test confirms to the court that your income is insufficient to feasibly pay off your existing debt. In addition, a requirement of financial counseling in the six months prior to filing exists. To ensure compliance with these stipulations as well as correctly filing the needed paperwork, planning a consultation with a bankruptcy lawyer such as Ron Adams is highly recommended. Fast-tracking your process towards financial independence can be started promptly. Begin your journey towards financial independence today. Reach out to Ron Adams, the trusted bankruptcy lawyer in New Orleans, Louisiana right away.
Disclaimer: We are a debt relief agency. We are attorneys who help people file for bankruptcy relief under the bankruptcy code.
Have Questions?
Call Law Office of Ron C. Adams at 985-315-2620 today to speak to an attorney.