What is Chapter 7 in Louisiana?

Answer For many different reasons, some people find themselves swimming in debt that they are not able to get out of. Bankruptcy is always the last resort; however, bankruptcy laws are, by design, a tool ... Read More »

Top Q&A For: What is Chapter 7 in Louisiana

Chapter 7 Bankruptcy Laws in Louisiana?

A Chapter 7 bankruptcy filing allows consumers to discharge any debt obligations and receive a fresh financial start. Each state has specific income guidelines and exemptions that are required for ... Read More »

What form should you use to convert Chapter 13 to Chapter 7 in California?

To transfer a Chapter 13 bankruptcy to a Chapter 7 bankruptcy, the form CSD1129--Notice of Conversion of Case Under Chapter 13 to a Case Under Chapter 7 by Debtor--should be filed along with the ap... Read More »

What is the difference between a Chapter 7 and a Chapter 13 bankruptcy?

Of the six types of bankruptcies authorized by the U.S. federal bankruptcy laws, two apply to individuals: Chapter 7 and Chapter 13. Chapter 7 involves complete liquidation of most personal assets ... Read More »

What is the difference between a chapter 13&a chapter 7 bankruptcy?

There are several differences between Chapter 7 and Chapter 13 bankruptcies. Both allow people relief from their debts, but the big difference lies in how this relief is obtained and the debts repa... Read More »