Bankruptcy Attorney New Orleans - One Stop Legal Solution
If you are seeking a bankruptcy lawyer, you can contact us to discuss your current situation and your legal rights in regards to filing for bankruptcy in New Orleans. We have many years of experience and expertise helping our clients regain control of their debt.
Chapter 7: Liquidation Bankruptcy
Chapter 7 bankruptcy usually is for individuals or businesses in financial distress that do not have the ability to repay their debts. This process allows individuals or businesses to eliminate (discharge) most of their debts.
Individuals or business must evaluate their goals and eligibility to file for Chapter 7 bankruptcy. Please contact The Council Law Firm to see if you qualify for Chapter 7 bankruptcy and if Chapter 7 bankruptcy is the right choice for you.
Chapter 13: Reorganization or Restructuring
Chapter 13 bankruptcy is for individuals with regular income. This type of bankruptcy is designed to repay most of the individual debts in installments over a 36- to 60-month period.
Please contact The Council Law Firm to see if you qualify for Chapter 13 bankruptcy and if Chapter 13 bankruptcy is the right choice for you.
Chapter 11: Business Bankruptcy – Call for more information.