B Watson Legal, LLC makes bankruptcy easier and less public with our virtual approach. Rather than visit a law office, we can meet with you at home or schedule a video conference.
During that time, we will discuss your financial situation and options, which may include:
Chapter 7 Bankruptcy
A Chapter 7 bankruptcy is also known as a straight bankruptcy. These cases are normally open for 90 days and at the end, your dischargeable debt is gone. You may have debts that cannot be discharged like student loans, past-due child support or taxes, but eliminating other debt can make these obligations less burdensome.
Chapter 13 Bankruptcy
If your income is too high to qualify for Chapter 7 and you have past-due taxes and mortgage arrears, this wage earner’s plan is likely the best option for you. In a Chapter 13, you make monthly payments for three to five years. These payments are much lower than what you normally pay to service your debt and at the end, you no longer have those obligations.
We are located in Metairie, Louisiana and serve South Louisiana. If you need relief from overwhelming debt, contact B Watson Legal to schedule a consultation.