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New Orleans Bankruptcy Attorney Case Study: Stopping a Lawsuit with Chapter 7 in New Orleans, Louisiana

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Early 30s female with two young children who reside in New Orleans, Louisiana came in as result of having received a lawsuit from a creditor that was suing her for a deficiency balance from a car loan. The car had been repossessed and sold at auction for less than the entire amount owed. As a result, she still owed the amount not covered by the creditor in the auction. Since the earlier repossession, she had obtained a new vehicle and had remained current on that car note. Her primary concern was the possibility of her pay being garnished by the new judgment creditor which would result in her inability to continue with her car note and household expenses to care for her two minor children. The recommended course of action was to file a chapter 7 bankruptcy through which she would retain her current vehicle by continuing to pay her regular car note and wipe out the deficiency balance for the prior car note along with some credit cards and medical bills. She does have some student loans which, because they are nondischargeable, will survive the filing of the chapter 7 bankruptcy.
The attorneys and lawyers at the bankruptcy law firm of Kirkpatrick and Associates have helped good people through bad times in Southeast Louisiana since 1999. The parishes we serve are Orleans, Jefferson, Assumption, Lafourche, Plaquemines, St. Bernard, St. Charles, St. James, St. John the Baptist, St. Tammany, Tangipahoa, Terrebonne and Washington. So whether you live in New Orleans, Metairie, Gretna, Avondale, Chalmette, Belle Chasse, Slidell, Covington, Mandeville, LaPlace, Houma, Thibodaux, Luling, Ponchatoula, Hammond, Amite, Kentwood, Franklinton or Bogalusa, our bankruptcy lawyers and attorneys are here to help.

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