Bankruptcy Attorney in New Iberia, LA
Financial problems can happen to anyone. But it only takes a moment of courage to call and ask for help. You need a dedicated New Iberia bankruptcy lawyer. The first brave step to gaining financial peace of mind is to call and set up an appointment with an experienced bankruptcy attorney in Lafayette, New Iberia, and the Western District of LA. At the initial consultation, we will get to visit and I will get to learn about you, your family, and your financial situation.
An unforgiving illness, mounting medical bills, divorce, a lost job, and lost dreams are all good reasons to seek help. Creditors give little thought or care to your unique struggles. Over the years, I have had the opportunity to meet with numerous potential clients from every walk of life. We will give your struggles a story and a face.
Why You Need a Legal Team
If you have found yourself unable to pay your monthly bills or are just worried about your finances. I would like to sit down with you and listen to your situation. We can then discuss whether bankruptcy may be right for you, and if so, which bankruptcy would be right for you.
Choose a Team You Can Trust
When you’re looking for a dependable consumer bankruptcy lawyer in New Iberia or in Lafayette, LA, that you can count on, it’s important that you choose a team or individual that is communicative, punctual, and, most of all, experienced. Here at Wiley & Jowers, we’re proud to have a long track record of satisfied clients. Our firm has more than 15 years of experience helping people like you navigate bankruptcy cases.
We serve Louisiana’s entire western district and have professional experience in local courts, including the 16th Judicial Court that serves New Iberia. No matter the scope of your consumer bankruptcy situation, we have the knowledge to help you achieve your desired results.
Are you looking to learn more about whether bankruptcy is the right option for you? Give us a call today to get started with a free initial consultation. We look forward to helping you through your current financial situation.
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Call For A Consultation (337) 608-8193
Options for Bankruptcy
If filing for bankruptcy is the right option for addressing your debt, there are several potential options for individuals and businesses. When you hire a bankruptcy lawyer, they can review your unique situation and financial needs to determine which bankruptcy option is right for you. These options include:
Chapter 7
Commonly referred to as the Liquidation bankruptcy or straight bankruptcy, for individuals to start over and build a better future. A Chapter 7 bankruptcy involves the liquidation of nonexempt assets to pay off debts. Certain types of property are not liquidated but instead have a lien placed on them. Chapter 7 bankruptcies place an automatic stay on debt collection throughout the process. These typically last 4 to 6 months from beginning to end.
Chapter 11
Chapter 11 allows businesses to reorganize their debt and rebuild a better business. Businesses must submit a plan of reorganization and a disclosure statement of the assets, debts, and other affairs. The disclosure statement is used to determine the effectiveness of the reorganization plan. A Chapter 11 bankruptcy can allow business owners to continue to operate their business and start anew.
Chapter 13
Chapter 13 Bankruptcy allows a person to repay all or a portion of his or her debts under the supervision and protection of the Bankruptcy Court. This type of bankruptcy also places an automatic stay on assets, preventing creditors from seizing them.
By filing a Chapter 13 bankruptcy, you can retain your assets and property and instead enter a repayment plan to address the debt over a period of three to five years. At the end of the period, debts that were not fully repaid may instead be discharged.
Bankruptcy Cases in New Iberia and the Western District
There are numerous reasons why individuals and families throughout the Western District deal with sudden and unmanageable debt. Having debt can impact every part of your life, causing immense stress and making it difficult to meet your basic needs. You are not the only person dealing with this, and many individuals find a fresh start through bankruptcy.
Throughout the Louisiana western district, there were 5,724 bankruptcy cases filed in the 12 months prior to March 31, 2025. These bankruptcy cases included:
- 4,607 Chapter 13 cases
- 1,064 Chapter 7 cases
- 39 Chapter 11 cases
- 14 Chapter 12 cases
In Iberia Parish, there were 145 bankruptcy cases filed throughout the same time period. 97 of these were Chapter 13 cases and 48 were Chapter 7 cases. Only one of the bankruptcy cases filed during this time period was a business debt bankruptcy.
What Are the Benefits of Filing for Bankruptcy in New Iberia?
Bankruptcy can help many individuals get control over their finances again. If you have no options for addressing significant debt, bankruptcy can allow you to clear your debt, enabling you to put your income to other important bills and expenses. It also pauses and prevents collection actions like wage garnishment, foreclosure, and attempts by creditors to contact you.
While bankruptcy cannot address all types of debt, it can greatly reduce your financial stressors and help you get more control over your future.
Reach Out to Wiley & Jowers in New Iberia Today
You have options as an individual or a business if you have insurmountable debt. At Wiley & Jowers, we provide you with experienced and personalized legal advice. We understand how important these cases are to you, and we fight for you. Reach out to our firm today and let us help you find the right bankruptcy option and give you a greater chance at a successful filing.
