Prepare Legal Louisiana Bankruptcy Forms For Free

If your currently monthly household income is less than the Louisiana median income for a household of your size there is a presumption that you pass the means test and are eligible to file a Chapter 7 bankruptcy.

After her case was dismissed she filed a new case and received a discharge. To summarize, 100% of the clients who filed chapter 7 obtained bankruptcy protection, and 99% of the cases received a chapter 7 discharge. There simply is no more effective way out of debt. Chapter 7 relief is immediate.

Once you have filed your paperwork with the bankruptcy court, an automatic stay immediately goes into effect. This provision prevents creditors from making direct contact with you or staking a claim on any of your property from the day of filing forward. This will stop any foreclosure proceedings.

While it may feel odd to pay fees to tell the courts you don't have enough money, you typically have to pay court fees to file for bankruptcy. The filing fee for a Chapter 7 bankruptcy is $338, while the filing fee for a Chapter 13 bankruptcy is $313.

The right to file for bankruptcy is provided by federal law, and all bankruptcy cases are handled in federal court. (see Louisiana Court Directory) Filing bankruptcy immediately stops all of your creditors from seeking to collect debts from you, at least until your debts are sorted out ing to the law.

Types of debt that cannot be discharged in bankruptcy include alimony, child support, and certain unpaid taxes. Other types of debt that cannot be alleviated in bankruptcy include debts for willful and malicious injury to another person or property.