The many aspects of running a business can be challenging for a great deal of business owners. Those in the retail industry have especially suffered from serious debt recently. When Louisiana proprietors find that their debt outweighs their profits, they must begin...
Many hospitals have found financial relief through Chapter 11
Often, when people hear of organizations filing for bankruptcy, they imagine retailers, restaurants or other similar businesses. However, other types of organizations can also benefit from filing Chapter 11 bankruptcy to help manage the debts that they face. A number...
Debt relief could still be possible for those without savings
Financial debt has become commonplace in the lives of many Louisiana residents. Credit cards and how they are used often play a significant role in a person's finances and can easily lead to monetary problems. Luckily, those facing these types of financial issues...
Louisiana millennials may benefit from Chapter 7 bankruptcy
A study conducted by the Urban Institute showed that the millennial generation is just as likely, if not more so, to suffer from serious medical debt. This can be an overwhelming situation for many Louisiana residents. Fortunately, there could be several options...
Chapter 13 bankruptcy could help decrease credit card debt
Credit card debt can be a heavy burden for some Louisiana residents. However, dealing with significant debt does not have to be overwhelming. When debt gets to be too much to handle, those in debt may want to look into the different financial relief options available...
Gander Mountain retailer files for Chapter 11
Unfortunately, Louisiana businesses sometimes do not perform as well as owners anticipate. When a company fails to bring in profit, owners may amass significant debt. One way to handle the debt is to file Chapter 11 bankruptcy. Gander Mountain, a nationwide outdoor...
Can you keep your home and car after filing Chapter 7 bankruptcy?
One of the reasons many people delay filing bankruptcy is a fear that they will lose all their assets. In particular, people tend to worry about their personal vehicles, which they may need to work, and their homes. Thankfully, the state of Louisiana has common sense...
Bankruptcy could provide debt relief to Louisiana residents
There are myths surrounding bankruptcy that may make some Louisiana residents hesitant to file. However, these myths may cause people to miss out on a helpful debt relief option. Bankruptcy can be a useful tool in difficult financial situations where people are facing...
Chapter 11 bankruptcy saves Erickson Incorporated
Global aviation services provider Erickson Incorporated recently successfully emerged from the protection of Chapter 11 bankruptcy. After several months of negotiations, the company reportedly satisfied the conditions of their reorganization plan. Like Erickson...
