Richoux Law Firm
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April 2018 Archives

Is Chapter 7 worth considering over debt settlement?

Financial struggles can bring about a great deal of hardship for anyone. Louisiana residents who have accumulated considerable credit card debt may worry about paying their bills, dealing with possible embarrassment relating to their situations and other stressful aspects of money issues. Fortunately, debt relief methods, particularly Chapter 7 bankruptcy, may be able to help.

Struggling businesses may consider Chapter 11 bankruptcy

Many people pursue business ventures because they have a passion or lifelong dream. In some cases, these companies may find success for a time, but they may also come to face financial hardship. As a result, some businesses may need to seek debt relief through Chapter 11 bankruptcy.

Helping family may put older individuals in need of debt relief

When a loved one is in need, many relatives will jump in and try to help in any way they can. In some cases, if a person needs money, a family member will offer a loan or simply give the individual the funds. While this act may seem noble, it could end up causing older Louisiana residents to need debt relief.

Chapter 7 may seem costly but well worth it in the end

Utilizing bankruptcy in hopes of getting a fresh financial start is an action that many people choose to carry out. Of course, there is much information regarding Chapter 7 and other forms of bankruptcy that many Louisiana residents may be lacking. For instance, it may come as some surprise that individuals must attend to associated fees when filing for bankruptcy.

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Richoux Law Firm, L.L.C.
110 E. Kaliste Saloom Road
Suite 205
Lafayette, LA 70508

Toll Free: 888-327-5740
Phone: 337-205-7049
Fax: 337-456-6299
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