A common concern that potential clients have is what will happen to a co-debtor if the client decides to file for bankruptcy. Most often the issue comes up when a friend or family member has co-signed for a car for the client, and the client has gotten behind on payments. The potential debtor is usually [...]
New Orleans
If you are in a Chapter 13 Plan in the Eastern District of Louisiana, which is the Bankruptcy Court for the Greater New Orleans area, the mailing address for the mailing of your Chapter 13 Plan payments has changed. You should now send your Chapter 13 Plan payments to: S. J. Beaulieu, Jr., Chapter 13 Trustee, [...]
When a secured creditor forecloses on a house it wants to do so for the least amount of money and with the least amount of difficulty. A method gaining popularity among creditors for the orderly transfer of property that has been used in other areas of the country has come to New Orleans: KEYS FOR [...]
On the brink of a new threat from Hurricane Gustav, many residents of New Orleans have yet to rebuild their homes and resettle their lives after Hurricane Katrina, partially due to the credit crisis and the resulting tightening of restrictions on lending. In addition, many residents who have not been able to return to their [...]
Tighter restrictions to qualify for credit following the sub prime loan disaster has slowed the Hurricane Katrina recovery process for the city of New Orleans. This is the finding of PolicyLink, a California based research group that analyzed data from various government-funded rebuilding subsidy programs targeted at assisting New Orleans residents in their rebuilding efforts [...]
Shortly after Hurricane Katrina hit the Louisiana and Mississippi Gulf Coasts in August of 2005 and Hurricane Rita hit the Gulf Coast of Louisiana, it was suggested by many that the citizens of the Gulf Coast region should not be subject to the provisions of the Bankruptcy Abuse Prevention and Consumer Protection Act (BAPCPA). With [...]
