Considering Filing for Bankruptcy?
Bankruptcy is a process that gives you a financial fresh start, freeing you from overwhelming debt burdens. Chapter 7, also called “liquidation” or “straight bankruptcy,” is what many people connect with a bankruptcy case. As a debtor, your assets are sold, creditors receive payment, and you are freed from your debts.
There are several types of bankruptcy, and Chapter 7 is generally the simplest and quickest form. It’s available to individuals, married couples, corporations and partnerships. Know what to expect if you file a Chapter 7 case, and how you can have a fresh start within a few months.
You must be eligible to file for bankruptcy, and the rules vary depending on the type of case you want to file. Contact us now for a free consultation.
Chapter 13 bankruptcy is intended for individuals with a regular income who can repay their debts in three to five years. Your business debts are eligible for Chapter 13 relief if the business is organized as a side proprietorship, which means you are self-employed. Corporations and partnerships are not eligible for Chapter 13 bankruptcy and must file under Chapter 11 to recognize debts.
You do not have to go through the bankruptcy process alone. An experienced attorney can help you decide if it is right for you and guide you through the process.
We represent Louisiana clients in Chapter 7 & Chapter 13 Bankruptcy cases. Whether you are struggling with credit card bills or facing the threat of foreclosure, we can help you get the debt relief you deserve.
What can filing for bankruptcy do for me?
Filing for bankruptcy has numerous benefits including:
- Stopping repossession of your vehicle
- Stopping garnishment of wages
- Stopping foreclosure on your home
- Stopping harassing phone calls
If you are facing foreclosure, lawsuits, liens, repossession or wage garnishment. The Dixon Law Firm can assist in finding the best option to help eliminate debt immediately.
An experienced Bankruptcy Attorney will provide you with the quality legal advice and representation you need to navigate through a Chapter 7 or Chapter 13 Bankruptcy proceeding.
We employ all legal means available to stop Foreclosures, Repossessions, Wage Garnishments, and Harassing Debt Collectors.
