Arnaudville Bankruptcy & Debt Lawyer, Louisiana

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William S Sandoz Lawyer

William S Sandoz

VERIFIED
Bankruptcy & Debt, Collection, Credit & Debt, Estate, Wills & Probate

W. Simmons "Sim" Sandoz – the fourth-generation family attorney – who upon graduating from Loyola University Law School of New Orleans in 1977, jo... (more)

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337-942-8956

Morley Chenail Diment Lawyer

Morley Chenail Diment

VERIFIED
Bankruptcy & Debt, Credit & Debt, Tax

Specializing in navigating the complex legal issues present in consumer and corporate asset & debt cases. Our firm assists clients both statewide and ... (more)

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337-735-2480

J. David  Andress Lawyer

J. David Andress

VERIFIED
Bankruptcy & Debt, Consumer Protection, Credit & Debt, Bankruptcy, Collection

J. David Andress is a 1999 graduate of LSU, where he earned a Bachelor of Science degree in Microbiology and a Bachelor of Arts degree in History. He... (more)

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800-971-6961

Sean Matthew Stockstill Lawyer

Sean Matthew Stockstill

VERIFIED
Real Estate, Wills & Probate, Estate, Trusts, Collection

Mr. Stockstill graduated from Louisiana State University (B.A. 2005) and Louisiana State University Law Center (J.D./D.C.L. 2009). Admitted to the Lo... (more)

Joseph Patrick . Hebert

Litigation, Oil & Gas, Administrative Law, Credit & Debt
Status:  In Good Standing           Licensed:  43 Years

Joshua Keith Trahan

Litigation, International Other, Business & Trade, Consumer Bankruptcy
Status:  In Good Standing           

Joseph P Hebert

Litigation, Oil & Gas, Administrative Law, Credit & Debt
Status:  In Good Standing           Licensed:  43 Years

Patrick S. Ottinger

Oil & Gas, Municipal, Clean Air Practice, Commercial Bankruptcy
Status:  In Good Standing           

Rodd Christian Richoux

Bankruptcy & Debt, Bankruptcy, Credit & Debt, Accident & Injury, Estate
Status:  In Good Standing           Licensed:  29 Years

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Lauren Ledet Gardner

Environmental Law Other, Workers' Compensation, Banking & Finance, Bankruptcy
Status:  In Good Standing           Licensed:  18 Years

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Lawyer.com can help you easily and quickly find Arnaudville Bankruptcy & Debt Lawyers and Arnaudville Bankruptcy & Debt Law Firms. Refine your search by specific Bankruptcy & Debt practice areas such as Bankruptcy, Collection, Credit & Debt, Reorganization and Workout matters.

LEGAL TERMS

UNDUE HARDSHIP

The circumstances in which a debtor may discharge a student loan in bankruptcy. For example, a debtor who has no income and little chance of earning enough in t... (more...)
The circumstances in which a debtor may discharge a student loan in bankruptcy. For example, a debtor who has no income and little chance of earning enough in the future to pay off the loan may be able to show that repayment would be an undue hardship.

AUTOMATIC STAY

An injunction automatically issued by the bankruptcy court when a debtor files for bankruptcy. The automatic stay prohibits most creditor collection activities,... (more...)
An injunction automatically issued by the bankruptcy court when a debtor files for bankruptcy. The automatic stay prohibits most creditor collection activities, such as filing or continuing lawsuits, making written requests for payment, or notifying credit reporting bureaus of an unpaid debt.

BANKRUPTCY

A legal proceeding that relieves you of the responsibility of paying your debts or provides you with protection while attempting to repay your debts. There are ... (more...)
A legal proceeding that relieves you of the responsibility of paying your debts or provides you with protection while attempting to repay your debts. There are two types of bankruptcies -- liquidation, in which your debts are wiped out (discharged) and reorganization, in which you provide the court with a plan for how you intend to repay your debts. For both consumers and business, liquidation bankruptcy is called Chapter 7. For consumers, reorganization bankruptcy is called Chapter 13. Reorganization bankruptcy for consumers with an extraordinary amount of debt and for businesses is called Chapter 11. Reorganization bankruptcy for family farmers is called Chapter 12.

DISPOSABLE INCOME

The difference between a debtor's current monthly income and allowable expenses. This is the amount that the new bankruptcy law deems available to pay into a Ch... (more...)
The difference between a debtor's current monthly income and allowable expenses. This is the amount that the new bankruptcy law deems available to pay into a Chapter 13 plan.

CHAPTER 13 BANKRUPTCY

The reorganization bankruptcy for consumers, in which you partially or fully repay your debts. In Chapter 13 bankruptcy, you keep your property and use your inc... (more...)
The reorganization bankruptcy for consumers, in which you partially or fully repay your debts. In Chapter 13 bankruptcy, you keep your property and use your income to pay all or a portion of the debts over three to five years. The minimum amount you must pay is roughly equal to the value of your nonexempt property. In addition, you must pledge your disposable net income -- after subtracting reasonable expenses -- for the period during which you are making payments. At the end of the three-to five-year period, the balance of what you owe on most debts is erased.

PREFERENCE

A payment made by a debtor to a creditor within a defined period prior to filing for bankruptcy -- within three months for arms-length creditors (regular commer... (more...)
A payment made by a debtor to a creditor within a defined period prior to filing for bankruptcy -- within three months for arms-length creditors (regular commercial creditors) and within one year for insider creditors (friends, family members, and business associates). Because a preference gives the creditor who received the payment an edge over other creditors in the bankruptcy case, the trustee can recover the preference (the amount of the payment) and distribute it among all of the creditors.

BANKRUPTCY TRUSTEE

A person appointed by the court to oversee the case of a person or business that has filed for bankruptcy. In a consumer Chapter 7 case, the trustee's role is t... (more...)
A person appointed by the court to oversee the case of a person or business that has filed for bankruptcy. In a consumer Chapter 7 case, the trustee's role is to gather the debtor's nonexempt property, liquidate it and distribute it proportionally to her creditors. In a Chapter 13 case, the trustee's role is to receive the debtor's monthly payments and distribute them proportionally to her creditors.

CREDIT REPORT

An account of your credit history, prepared by a credit bureau. A credit report will contain both credit history, such as what you owe to whom and whether you m... (more...)
An account of your credit history, prepared by a credit bureau. A credit report will contain both credit history, such as what you owe to whom and whether you make the payments on time, as well as personal history, such as your former addresses, employment record and lawsuits in which you have been involved. An estimated 50% of all credit reports contain errors, such as accounts that don't belong to you, an incorrect account status or information reported that is older than seven years (ten years in the case of a bankruptcy).

ABUSE

Misuse of the Chapter 7 bankruptcy remedy. This term is typically applied to Chapter 7 bankruptcy filings that should have been filed under Chapter 13, because ... (more...)
Misuse of the Chapter 7 bankruptcy remedy. This term is typically applied to Chapter 7 bankruptcy filings that should have been filed under Chapter 13, because the debtor appears to have enough disposable income to fund a Chapter 13 repayment plan.