Spending more money than a budget allows is a problem many Louisiana residents face. In some cases, emotional spending is the culprit. This could mean the spending is to celebrate a happy occasion or to try to lift spirits after a sad or stressful time. When...

Health problems are a burden for many Louisiana residents. Not only is it difficult to cope with medical problems, but medical bills can quickly add up. Studies performed by the Urban Institute discovered that age, income levels and financial education all play parts...

Are you in your 30s? If so, it's safe to say that you're going through some major life changes. For example, you may be a new parent. Along with this, you may have recently purchased your first home. Also, you're hoping to advance in your career. Unfortunately, this...

When businesses fail to make enough money to support themselves, business owners must make difficult decisions about the future of their companies. For some, filing for Chapter 11 bankruptcy might be the best solution to regaining financial stability. The owners of...

Louisiana residents facing significant financial problems have multiple alternatives for dealing with their debt. Filing for bankruptcy is one option they may wish to pursue. The two most common types are Chapter 7 and Chapter 13. For individuals or couples with a...

When Louisiana businesses and other corporate entities find themselves facing significant debt, sometimes a financial reorganization is in order. In some cases, this can be accomplished by filing Chapter 11 bankruptcy. Knowing the legal options available is key to...

There are numerous reasons Louisiana residents might be in debt. Common causes of debt are significant medical bills, overspending, or even divorce. Luckily, there are several options for dealing with these financial problems. One possible option to take care of...