We Help You Take Back Your Life
Many individuals and families put bankruptcy on the backburner because they don’t believe it’s a viable option. However, bankruptcy is an extremely realistic option for many individuals and families that can have many benefits.
When you file for bankruptcy, you assume the power to put all collection calls and actions to take your home on hold. No more will you feel the pressure of collectors invading your privacy, or fear your home will be foreclosed on. Instead, you will have a plan to move forward with your life and a more manageable financial situation.
To get started on the process of taking your life back, speak with a Northeast Louisiana bankruptcy attorney at E. Orum Young Law Offices today. Our attorneys will help you assess whether or not you’re eligible to file for Chapter 7 or Chapter 13 bankruptcy and help you on your way to a debt-free path!
When You Need a Fresh Start, Come to Us
At E. Orum Young, we understand that finances and navigating a path to a better financial future can be an extremely sensitive situation. For that reason, we treat every client and every case with the utmost care, respect, and confidentiality. Our knowledgeable attorneys in Monroe, LA work hard to get to know you, your situation, and your goals and use that knowledge to win your case in court and bring debt relief closer to you.
For the past 35 years, the Attorneys at E. Orum Young have been practicing bankruptcy law and helping to win cases all over the state. We have filed more bankruptcies and won more cases than any other law firm in Northeast Louisiana – a statistic we’re proud of! At E. Orum Young, we believe that every case won is a step toward a better future for an individual or family. So if you need a fresh start, come to us. We’re here for you!
Chapter 7 Bankruptcy
When you choose to file for bankruptcy, you have two options to choose from. The first is a Chapter 7 bankruptcy. This form of bankruptcy is the most viable option for individuals with little to no assets who are looking to absolve their debt.
If you’re looking for a debt relief solution and do not own your home or any other valuable assets, take a look at what Chapter 7 bankruptcy entails.
Chapter 7 bankruptcy is a consumer liquidation bankruptcy that can help you completely eliminate several kinds of debt. By filing for Chapter 7 bankruptcy, you can be absolved of much of your debt and will no longer be legally required to pay it back. Collection agencies cannot come after you.
Our firm will go after collection agencies that disregard your Chapter 7 bankruptcy filing. You can receive a completely fresh start by discharging credit card debt, medical debt, business debt, auto accident claims, utility bills, personal loans, and more.
Chapter 13 Bankruptcy
If you have valuable assets like a home, vehicle, or other property and are searching for a bankruptcy solution, Chapter 13 bankruptcy is likely the option for you. Individuals who file Chapter 13 bankruptcy come to an agreement for a management debt repayment solution with their creditors. Those who file for Chapter 13 bankruptcy experience great relief from the stressful burden of out of control debt.
How does it work? Chapter 13 bankruptcy allows individuals in debt to continue paying their debt at a fraction of the cost. A Chapter 13 bankruptcy is beneficial in many cases where a Chapter 7 bankruptcy is not possible.
By filing for a Chapter 13 bankruptcy, individuals deeply in debt can greatly minimize their payments and stop creditors in their tracks. By working with our experienced bankruptcy attorneys, you can rest assured we will reduce your interest rate and arrive at feasible and reasonable monthly payments.