Bankruptcy, Debt Negotiation, Wills & Personal Injury Representation

Do You Qualify For Chapter 13 Bankruptcy In Louisiana?

If you are above the median average household income and you have certain assets that you want to keep, a Chapter 13 bankruptcy might be the way you want to go. Also, there are certain types of debt that you can discharge in a Chapter 13 bankruptcy that are not dischargeable in a Chapter 7 bankruptcy. For example, court ordered payments to an ex-spouse that are not designated as support payments might be discharged in a Chapter 7 bankruptcy, whereas they might be discharged in a Chapter 13 bankruptcy.

If you’re wondering if Chapter 13 bankruptcy is right for you, contact The Cook Law Firm today!