Bankruptcy Lawyers in Monroe, Louisiana
Campbell, House, & Company are bankruptcy lawyers in the state of Louisiana who can help you if you are struggling to pay debts, are facing phone calls from debt collectors, or are struggling to make ends meet and find yourself struggling with debt. Bankruptcy is a legal process that helps both individuals and businesses discharge their debt. There are different types of bankruptcy available depending on your situation, but bankruptcy can either permit you to start over or develop a payment plan with creditors that can ultimately put you on a path to starting over financially. While bankruptcy can offer an option for individuals who are facing financial difficulty due to debt, the United States Courts website encourages individuals or businesses who are considering bankruptcy to seek advice from a bankruptcy lawyer because bankruptcy can have serious long-term financial and legal repercussions. In the wake of the COVID-19 pandemic many people have found themselves out of work, unable to pay their bills, and struggling financially. More people than ever may be considering filing for bankruptcy. If you are considering bankruptcy, reach out to Campbell, House, & Company, bankruptcy lawyers in the state of Louisiana.
There are many different types of bankruptcy, but the two main types are Chapter 7 bankruptcy and Chapter 11 bankruptcy. Chapter 7 bankruptcy allows you to discharge, or erase, most of your debts. For people who don’t have many assets and have a low-income, Chapter 7 bankruptcy may be the best option to get a new start. Chapter 7 bankruptcy also comes with the benefit of excluding some assets from being sold to pay off creditors. If you own a home, or other property, Chapter 13 bankruptcy may be your better option, especially if you have enough income to pay some of your debts, if other of your debts were to be discharged. An example of someone who may qualify for Chapter 13 bankruptcy is a person with large medical debt, who owns a home with a mortgage. If the medical debt is discharged, the person may be able to avoid litigation and restructure their remaining debt so they can continue to pay their mortgage and keep their home. As you can see, bankruptcy can be complex. This is why having a bankruptcy lawyer on your side, like Campbell, House, & Company in the state of Louisiana can be so important. Contact our law firm today to learn more. We help clients facing foreclosure, who may need the assistance of a foreclosure bankruptcy lawyer. We also assist clients who are facing wage garnishment. Our wage garnishment attorneys may be able to help you. While most student loans cannot be discharged through bankruptcy, our student loan bankruptcy lawyers can evaluate your situation to help you understand your options. Finally if credit card debt is weighing you down, our credit card debt bankruptcy lawyers may be able to help.
Foreclosure Bankruptcy Lawyers in the State of Louisiana
If you want to keep your home and fight your foreclosure, hiring a foreclosure lawyer in the State of Louisiana, like the foreclosure bankruptcy lawyers at Campbell, House, & Company can help you protect your rights, and maybe even save your home. Not every person will need a foreclosure bankruptcy lawyer, however. In some cases, people simply cannot afford the home or don’t have any defenses to prevent the foreclosure. If you are not sure about whether you have the ability to defend the foreclosure, the foreclosure bankruptcy lawyers in the State of Louisiana at Campbell, House, & Company may be able to help. There are situations where mortgage servicers make errors or are unable to show that they own your mortgage. Bankruptcy may also be an option that can save your home, especially if high debts are the reason why you can’t pay your mortgage. There may be solutions and options if you are facing foreclosure. Reach out to the foreclosure bankruptcy lawyers at Campbell, House, & Company in the state of Louisiana to learn more today.
Garnishment Bankruptcy Lawyers in the State of Louisiana
If you are facing garnishment of your wages because you are unable to pay debts, the garnishment bankruptcy lawyers in the State of Louisiana may be able to assist you. If a debt collector is threatening to garnish your wages, you first need to understand whether the debt collector has the power to garnish your wages. If a debt collector is seeking student loan payment, taxes, or child support payments, the collector may have the option to garnish your wages immediately. But if the debt collector is collecting debts for a credit card or other type of debt, typically the debt collector will need to sue you first and win the lawsuit. The garnishment bankruptcy lawyers in the state of Louisiana may be able to stop garnishment by beginning the bankruptcy process. However, every situation is unique. Reach out to Campbell, House, and Company, a garnishment bankruptcy lawyer in the state of Louisiana today to learn more.
Student Loan Bankruptcy Lawyers in the State of Louisiana
If you are struggling under the weight of your student loans, you are not alone. According to Experian, the total U.S. student loan debt held in the U.S. reached $1.57 trillion in 2020. While student loan debt is not permitted to be discharged in bankruptcy, there are certain exceptions. If you can show the court that paying the student loan will cause “undue hardship” you may be able to get the loan discharged. However, it is important to keep in mind that many courts are reluctant to discharge student loans in this manner. However, if you are low income, never finished school, or you took out debt to go to a for-profit school, you may have a better chance getting your loan discharged in bankruptcy. In recent years there have been greater calls for student loan forgiveness. There have also been provisions put in place for loan forgiveness and bankruptcy for those who were defrauded by their school or by lenders. The student loan bankruptcy lawyers in the state of Louisiana can review your situation to see whether you have a case for student loan bankruptcy. Contact Campbell, House, & Company, a student loan bankruptcy law firm today to learn more.
Credit Card Debt Bankruptcy Lawyer in the State of Louisiana
If you are struggling under the weight of credit card debt, you are not alone. Bankruptcy may be an option that can give you a clean slate and let you start over. In the wake of the COVID-19 pandemic, many families are struggling to pay the bills and many others have been laid off. If you are facing high credit card bills, are getting endless calls from debt collectors, or don’t know how you’ll pay your debts, reach out to the credit card debt bankruptcy lawyers in the state of Louisiana at Cambell, House, & Company. Our credit card debt bankruptcy lawyers can review your situation and help you understand whether Chapter 7 or Chapter 13 bankruptcy is right for you. If you cannot pay your credit card debts, you could face higher fees, late fees, and even a lawsuit. One way to avoid these consequences is to file for bankruptcy. Campbell, House, & Company are credit card debt bankruptcy lawyers in the state of Louisiana who may be able to help you. Reach out to our law firm today.
Contact a Bankruptcy Attorney in the State of Louisiana Today
If you can’t pay your debts, if you’ve been laid off, if you’ve been threatened with garnishment of your wages, or are facing endless calls from debt collectors, bankruptcy may be an option and solution. That said, bankruptcy can have major consequences for your financial life down the line, so it is important that you talk to a lawyer first, understand your options and rights, and file appropriately. Campbell, House, & Company are bankruptcy attorneys in the state of Louisiana who may be able to help you with your bankruptcy. You are not alone. Many people have been struggling with debt in the wake of the COVID-19 pandemic. New laws have been put in place to protect the public, but many people are still struggling. Is bankruptcy the right option for you? Reach out to Campbell, House, & Company, bankruptcy lawyers in the state of Louisiana to learn more.