Bankruptcy

Learn About Your Issue

Other Money, Problems

This issue deals with a person's options regarding filing for bankruptcy, dealing with the procedure of it, and the possible outcomes of it. It concerns issues about who should file for bankruptcy, including who might be collection-proof. It includes how to file for different kinds of bankruptcy -- Chapter 7, Chapter 11, Chapter 12, or Chapter 13. It also covers exceptions and exemptions or stays in bankruptcy.

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Bankruptcy

This information covers a person's options regarding filing for bankruptcy, dealing with the procedure of it, and the possible outcomes of it. It concerns issues about who should file for bankruptcy, including around who might be collection-proof. It includes how to file for different kinds of bankruptcy -- Chapter 7, Chapter 11, Chapter 12, or Chapter 13. It also covers exceptions or exemptions or stays in bankruptcy.

Bankruptcy Guided Assistant

Provides guidance about filing for bankruptcy in Louisiana, particularly chapter 7 and chapter 13. This Guided Assistant tool can help you understand the most common types of bankruptcy. It can also help you determine which type of bankruptcy you might need to file. This tool is not legal advice. This tool does not take the place of legal advice from a competent attorney licensed in your state and familiar with the law and facts of your legal issue.

Chapter 7 Bankruptcy For People With Limited Income

Learn about Chapter 7 bankruptcy, including eligibility requirements, why to file for bankruptcy, what you will need, and the pros and cons of Chapter 7 bankruptcy.

Chapter 13 Bankruptcy For People With Regular Income

Learn about Chapter 13 bankruptcy, including eligibility requirements, what you will need to file, and the pros and cons of Chapter 13 bankruptcy.

How Does An Employer's Bankruptcy Affect Employee Benefits?

If an employer declares bankruptcy, it will generally take one of two forms: reorganization under Chapter 11 of the Bankruptcy Code, or liquidation under Chapter 7. A Chapter 11 (reorganization) usually means that the company continues in business under the court’s protection while attempting to reorganize its financial affairs. A Chapter 11 bankruptcy may or may not affect your retirement or health plan. In some cases, plans continue to exist throughout the reorganization process. In a Chapter 7 bankruptcy, the company liquidates its assets to pay its creditors and ceases to exist. Therefore, it is likely your retirement and health plans will be terminated. When your employer files for bankruptcy you should contact the administrator of each plan or your union representative (if you are represented by a union) to request an explanation of the status of your plan or benefits.

Repair Or Dispute Your Credit Reports

If there is true information on your report that is bad for you, credit bureaus can usually only report for 7 years. They can report bankruptcy information for 10 years. More information about repairing or disputing your credit report.

What Are Open Accounts?

A quick introduction to open accounts.

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