Helbing Law Office Logo by Timothy Helbing located in Appleton, WI serving chapter 7 and chapter 13 bankruptcy

WI Bankruptcy Alternatives

Helbing Law Office, LLC

Debt Relief Options Without Damage To Your Credit

Many Wisconsin residents struggling with their finances resist the option of bankruptcy because they worry about damaging their credit rating. If bankruptcy is still not an attractive choice, another option exists to reorganize your debt without an actual bankruptcy showing up on your credit report.

At the Helbing Law Office, LLC, we can inform you about a little-known alternative exclusive to the state of Wisconsin: a Section 128 filing.

Since many people are not aware of Section 128, we strive to educate and encourage clients to look at this option. It is possible to enter a payment plan with all of your creditors and keep your credit score intact. Contact attorney Timothy J. Helbing at our Appleton office by calling (920) 955-3688 or contacting us online.

The Alternative You Need During Tough Financial Times

Section 128 is similar to a Chapter 13 debt repayment plan: You have three years to pay off 100% of your credit card and medical debts. For those with a smaller debt load, this type of debt settlement is sometimes the best option. Most of the institutions you owe will not report to a credit agency, and no reporting means no damage to your credit.

There are upsides and downsides to the Section 128 option. The repayment time is shorter and the debts cannot be reduced or discharged. However, the more affordable process still allows you to stop collection actions and harassing telephone calls.

Contact An Appleton And Oshkosh Bankruptcy Attorney

For more information or to schedule an appointment with an experienced lawyer regarding a Section 128 filing, please contact us online or call us today.

We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.