Debt can feel overwhelming, especially when monthly payments pile up and financial stability seems out of reach. For many, debt settlement emerges as a potential solution. But when is it a good option?

In the United States, individuals burdened with insurmountable debts may have the option to seek financial relief by filing for bankruptcy. However, student loan debts are not treated the same as other forms of consumer debt in bankruptcy proceedings.

At the Hoke Law Firm, we help people struggling with creditors who refuse to respect their discharge. This is a common problem and can be incredibly frustrating. We are here to guide you through the steps you should take if you're in this situation.

When you are drowning in debt with no end in sight, you might be considering bankruptcy as a way to relieve your debt woes. While filing for bankruptcy can be a vital step toward getting your life back on track, obtaining debt relief through bankruptcy might seem a little too overwhelming, and one of the first major decisions you will have to make is which chapter to file.

Facing financial hardship can be challenging, but understanding the options available can offer a crucial step toward regaining financial stability. While often viewed with apprehension or failure, bankruptcy is a legitimate financial tool that is designed to provide a fresh start or a structured path to financial recovery.

In the state of Louisiana, individuals and married couples who are experiencing financial distress may be able to achieve debt relief by filing for bankruptcy.

The financial curveballs of life can sideline you from paying bills and debts or meeting your various financial needs. When experiencing financial hardship, filing for bankruptcy provides a promising solution to help you achieve relief or a fresh start.

Filing for bankruptcy is a powerful remedy for people who feel they hit rock bottom financially. While bankruptcy can help you get a “clean slate” in your financial life, you need to understand what your life after bankruptcy will look like and what challenges you may face in the foreseeable future.

According to statistics compiled by Epiq Bankruptcy, the leading U.S. supplier of bankruptcy statistics, data provided by the United States Courts showed that bankruptcies declined nationwide by 6.3 percent in 2022 from 2021.

According to a 2019 report by Northwestern University, one in every 100 workers has had their wages garnished at some point, resulting in an average loss of 11% of their gross earnings.