Bankruptcy filings are on the rise in Louisiana. According to the Administrative Office of United States Courts, there were 18,268 bankruptcy filings between Oct. 1, 2008 and Sept. 30, 2009.

The 18 percent increase in filings was likely a result of a number of factors. One of the most prominent was the recent recession, which led to many foreclosures and lower incomes.

If you or anyone you know has considered filing for bankruptcy, contact the New Orleans bankruptcy attorneys of Kervin & Young at 504-599-5906.