Baton Rouge Office225-769-1414
New Orleans/Metairie Office504-831-1222

January 2019 Archives

The consequences of missed credit card payments

Louisiana residents who fail to make credit card payments could face a variety of penalties. They could include late fees or a higher interest rate on future balances. In some cases, a person could experience a hit to his or her credit score. This is generally true whether the late payment was the result of a job loss or an inability to handle a large balance.

Understanding Chapter 7 and Chapter 13 bankruptcy

People in Louisiana who are facing crippling debt may use personal bankruptcy as a path to a new financial future. When individuals declare bankruptcy, they can file for either Chapter 7 or Chapter 13, depending on their circumstances and finances. The right choice depends on what a person hopes to achieve through their filing and the type and amount of debts.