Discharging tax debt via Chapter 7 bankruptcy
This time of year, many individuals find themselves looking forward to receiving their tax returns. Others, however, may wind up owing significant amounts of money on their taxes. This can be stressful for anyone, but it can be especially worrisome if you are already saddled with significant levels of debt. After all, at a time […]
Helping Wisconsin residents understand bankruptcy exemptions
Facing overwhelming financial challenges can be scary. You might wonder how you are going to care for your family, maintain your living arrangement and protect your most prized possessions. Although there are many debt relief options out there, perhaps none is as effective as bankruptcy. Some people may cringe at the sound of the word, […]
Many Americans are overwhelmed with medical debt
The medical field has seen a lot of changes in the last decade. Technological advances and ground-breaking research has enabled medical professionals to more effectively treat some diseases, and the Affordable Care Act has expanded the reach of health insurance. Unfortunately, however, the struggles associated with medical debt are far from gone. In fact, a […]
Some retirement accounts are exempt from bankruptcy
Bankruptcy is a very real way for Wisconsin residents to find debt relief. Depending on the type of bankruptcy chosen, debtors may be able to completely eliminate debts, either by liquefying their assets or by setting up and successfully completing a repayment plan. However, those considering bankruptcy may be concerned about which assets they may […]
Vehicle repossession and how to deal with it
Many Wisconsin residents find themselves facing overwhelming financial challenges at one time or another. The stress of the situation can be more than enough to deal with, but oftentimes these individuals also have to confront the reality that their possessions may be repossessed to satisfy debts owed. This often occurs when a debtor owns a […]
The Chapter 13 hardship discharge
Much of this blog is dedicated to discussing the advantages of bankruptcy. Those facing significant financial challenges may be able to find real debt relief by seeking Chapter 7 or Chapter 13 bankruptcy, but the process is not always guaranteed. Even if a petition is granted, following through on it can prove tough, which can […]
We help Wisconsinites find debt relief
Last week we discussed some steps that you can take to help find financial freedom in the New Year. Though managing one’s money better, saving and avoiding new debt can certainly help improve your financial health, in today’s world those actions simply are not always a possibility. In some instances, individuals find themselves so buried […]
Steps to find financial health in the New Year
With the New Year’s arrival, many Wisconsin residents may resolve to take care of their debts and save more money. This is an admirable goal, and certainly one that can be achieved. However, it often requires extensive planning and sacrifice. We hope that those struggling with debt will find the following tips helpful. The first […]
Debts that linger after Chapter 7 bankruptcy
Debt can be soul-crushing. Those who wake up every morning facing the uncertainties thrust upon them by financial challenges may be on the lookout for debt relief options, but may not know which route is best for them. These individuals might benefit from discussing their difficulties with a legal professional who can discuss the options […]
Chapter 13 payments and new debt
Nearly everyone has experienced financial challenges at one point or another. Some of us are fortunate enough to find relief and claw our way out of debt. Others, though, may find themselves feeling overwhelmed and hopeless. For these individuals, more formal forms of debt relief may need to be sought out. Bankruptcy may be a […]
