Debt relief: ways to consolidate Wisconsin debts
As many residents of Wisconsin know, credit card debts can be a burden when payments are not made on time. Often, those in debt have more than one debt to settle. In such cases, it may be wise to seek assistance from resources offering ebt relief may also help in simplifying the debt and making […]
Wisconsin bankruptcy may be the best choice for debtors — Part I
Overwhelming debt is a problem that many people in Wisconsin, as well as in the rest of the country, have experienced. While some of those people have been able to recover, a large number of people are still dealing with the burden of debt. Those people should understand that despite the social stigma, about which […]
Protecting Wisconsin assets from forfeiture
Wisconsin residents may be aware that some financial transactions require assets to be kept as collateral. According to most loan agreements, the debtor is legally bound to repay the money that was borrowed within the prescribed amount of time. Otherwise, the creditors may take action against the defaulter and if the debtor’s assets have been […]
Automatic stay in Chapter 7 bankruptcy cases
As Wisconsin residents may be aware, Chapter 7 bankruptcy proceedings are one of the most common consumer bankruptcy proceedings. With a Chapter 7 bankruptcy filing, the debtor must liquidate the assets in order to repay specific debts to creditors. The debtors, however, are not totally defenseless in a Chapter 7 bankruptcy case. The person does […]
Credit card debt to reach new high in 2015
In a consumer-oriented economy, credit cards are often the preferred payment method by most Americans. However, the problem with overusing a credit card lies in the fact that the debtors or consumers using the credit card can overdraw from their accounts even when they do not have sufficient funds in their bank accounts. Thus, a […]
How does bankruptcy impact encumbered assets?
A feeling of humiliation and fear of a poor credit rating often keep Americans, including those in Wisconsin, from filing for bankruptcy, even though most people end up far better off financially. Some of this resistance to filing for personal bankruptcy comes from a lack of information or ideas that turn out to be untrue. […]
How Wisconsin attorneys help during Chapter 7 filings
A Wisconsin Chapter 7 bankruptcy proceeding is often described as the liquidation process, where the assets of a business are heavily compromised to repay the debts. The attorneys at Helbing Law Office, L.L.C., with their many years of experience in bankruptcy, have observed that financial and legal problems arise in a bankruptcy proceeding. As a […]
Genuine agencies: Essential for student loan debt relief
Student loans are often regarded by many Wisconsin residents as one of the most difficult debts to repay. There are various factors that can contribute to a student loan becoming a bad debt. Many residents do not get a job right after graduating from college, especially in cases where their degrees are not in especially […]
Refinancing student loans may be possible in Wisconsin soon
Nowadays, higher education is expensive. However, to advance in their careers, many people invest a lot of money to earn an advanced degree. Often, the educational costs are covered by student loans. Many people find that their student loans become a major burden. A recent development, however, may be encouraging news for many student loan […]
How can you file for pro se bankruptcy in Wisconsin?
Everyone can file for personal bankruptcy as long as that person is experiencing financial difficulties. In many cases, the creditors are the ones who file for bankruptcy. However, Wisconsin residents often file for bankruptcy themselves. Such a situation is known as a pro se personal bankruptcy filing. Debtors who file for personal bankruptcy often consult […]
