BANKRUPTCY LAW – Bankruptcy

In Wisconsin, when one spouse files for bankruptcy it usually impacts the other. While no one entering into this procedure should take it lightly, this shared responsibility adds another layer of concern for couples. Having a clear understanding of how bankruptcy...

Medical debt is a burden that many individuals and families in Wisconsin face. When your medical bills pile up, it can be overwhelming, and you may wonder if bankruptcy can provide relief from this financial strain. Bankruptcy is a legal process that helps individuals...

A reaffirmation agreement is a legal contract that allows you to keep a specific debt after bankruptcy, typically one secured by collateral like a car loan or a mortgage. It is essential to weigh your circumstances carefully if you want to retain an asset in your...

When facing financial hardships in Wisconsin, you may want to consider filing for bankruptcy. Chapter 7 bankruptcy is one possible option, but not everyone qualifies for this type of bankruptcy. Whether you are eligible to file for Chapter 7 hinges on whether you pass...

Bankruptcy can take a toll on your self-esteem and your financial reputation. Coming back after your bankruptcy finalizes requires time and patience. Focusing on what you can control and taking a proactive approach can make a difference in your success. The right...

Financial problems are the last thing you need when you are trying to keep up a mortgage. However, if you fear your bank will take away your home due to missed mortgage payments, bankruptcy could be an option to prevent foreclosure. Bankruptcy does not guarantee that...

Dealing with overwhelming medical debt can be incredibly stressful and burdensome. For individuals facing this situation, filing for bankruptcy may provide a potential solution to alleviate the financial strain. Learn how to make an informed decision about filing for...

The reason why the phrase says "filing for bankruptcy protection" is because when you file, the court issues orders that help protect you from creditors. The main move that does this is the automatic stay. This order stops all credit collection activity. Stops...

Filing bankruptcy can be just what you need when your finances get into a bad place. It gives you a clean slate, but it will take a toll on your credit. The good news is that you can easily rebuild your credit, but you should avoid making the same mistakes again that...

Many people in Wisconsin have watched their finances spin out of control in recent years. If you count yourself among them, you may be looking for a way to dig yourself out of debt and get back on your feet financially. Depending on the specifics of your situation,...