Louisiana Bankruptcy Law

Considering filing bankruptcy in Louisiana? You need to understand Louisiana bankruptcy law and exemptions.

As on overview we have listed some of the main exemptions, links to the federal courts serving Louisiana, and some filing statistics for Louisiana.

Louisiana Exemptions

Homestead:
$35,000 (cannot exceed 5 acres if in city or 200 acres if not in city)
Details:
Homestead (must be occupied as homestead and title to property must be in debtor or spouse) (full value in case of catastrophic or terminal illness or injury

Motor Vehicle:
$7,500
Details:
Motor Vehicle


This is just and overview and there is a detailed list of the Louisiana Bankruptcy Exemptions.

Louisiana Bankruptcy Courts

If you need more information about the Louisiana Federal Bankruptcy Courts you can click on the link for your district.

  • Louisiana Eastern District
  • Louisiana Western District
  • Louisiana Middle District

    • Louisiana Filing Statistics

    Here are the counties in Louisiana with the highest amount of bankruptcy filings.

    Year - County
    Total
    Ch7
    Ch13
    2012 CADDO
    2002
    331
    1671
    2012 OUACHITA
    1179
    225
    954
    2012 EAST BATON ROUGE
    1027
    537
    490
    2012 JEFFERSON
    1013
    524
    489

    You can see the information for all counties by visiting the Louisiana Chapter 7 and Chapter 13 bankruptcy filings by county page.

    Here are the most recently available statistics for monthly bankruptcy filings in Louisiana.

    Year - Month
    Total
    Ch7
    Ch13
    2013 6
    1289
    411
    878
    2013 5
    1343
    520
    819
    2013 4
    1428
    529
    897
    2013 3
    1449
    615
    834
    2013 2
    1107
    381
    725
    2013 1
    1053
    265
    787


    You can see more data by visiting the Louisiana Personal Bankruptcy Filing Statistics page.

    If you have question about filing bankruptcy please visit our Frequently Asked Questions Page or schedule a free consultation with a local attorney.