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Facing Creditor Contact During or After Bankruptcy?

Creditor Contacting You During or After Bankruptcy? Know Your Rights by Helbing Law office in Wisconsin

If you’re struggling with debt, you’re likely familiar with protections against creditor harassment. But what happens if they contact you during or after bankruptcy? Here’s what you need to know: Protections During Bankruptcy: Protections After Bankruptcy: Things to Remember about Creditor Contact: We can help you navigate the legal landscape and enforce your rights effectively. […]

Inherited IRAs in Wisconsin: Not Exempt from Bankruptcy

Inherited IRAs in Wisconsin: Not Exempt from Bankruptcy Timothy Helbing of Helbing Law Office in Wisconsin

Filing for bankruptcy can be a daunting process, especially when navigating asset protection. While Wisconsin offers exemptions safeguarding specific assets during bankruptcy, a recent case sheds light on a crucial distinction: inherited IRAs may not be exempt. Understanding the Exemption: Federal law typically exempts individual retirement accounts (IRAs) owned by the debtor or inherited from […]

Understanding Wage Garnishment in Wisconsin: Protecting Yourself During Financial Hardship

Helbing Law office, LLC located in Appleton, Wisconsin with Chapter 7 and Chapter 13 bankruptcy support from Timothy Helbing

Many Wisconsin residents are facing financial difficulties, struggling to make ends meet even with employment. This situation can lead to debt collection tactics like wage garnishment, which can further strain your finances. Understanding the process and your available defenses is crucial. What is Wage Garnishment? Wage garnishment allows a creditor with a court judgment against […]

Some Common Questions About Bankruptcy

Helbing Law office, LLC located in Appleton, Wisconsin with Chapter 7 and Chapter 13 bankruptcy support from Timothy Helbing

Individuals file for bankruptcy for a myriad of reasons.  It is easy to dismiss bankruptcy as simply a vehicle for those who made poor financial decisions.  While this is true for a small fraction of cases, who among us is immune to poor decisions?  Whom among us wants to be judged by our mistakes?  In […]

Tax Refunds: How Doing the Right Thing Can Have the Wrong Result

In a letter to Jean-Baptiste Le Roy in 1789, Benjamin Franklin famously stated “[o]ur new Constitution is now established, and has an appearance that promises permanency; but in this world nothing can be said to be certain, except death and taxes.”  This prophetic statement has withstood the test of time.  With the new year comes […]

The High Cost of Borrowing Affects Businesses and Consumers

Helbing Law office, LLC located in Appleton, Wisconsin with Chapter 7 and Chapter 13 bankruptcy support from Timothy Helbing

Yesterday, I came across this article that immediately caught my attention.  The title of the article was “Jaspreet Singh: Why ‘Fake Rich’ Americans Are Going Bankrupt.  Now I have neither heard of Jaspreet Singh, nor do I believe that I have ever represented a “fake rich” debtor.  But I do believe there is some truth […]

Student loan discharge: New DOJ guidance showing promising results so far

Student loan forgiveness has been in the news for the past few years now.  Opinions vary as to whether wholesale forgiveness is appropriate or not.  All this talk of student loans has not been lost on the U.S. Justice Department.  In November 2022, the DOJ implemented new guidance on how it will handle student loan […]

SBA Loans: Understand What You Are Signing

Small business is the heartbeat of the American economy.  Estimates suggest that there are over 33.2 million small businesses in the United States.  Combined these businesses account for nearly 99.9% of all American businesses.  Most, if not all, of these businesses begin the same way: an idea, a vision, and the need for capital.  While […]

SAVE Income Based Student Loan Repayment Plan:  An absolute game changer!

The U.S. Department of Education has offered various income-based repayment plans for federal student loans borrowers for quite some time now. The goal of each of these plans is to calculate a monthly payment based on your income and make those payments for 20 years (10 if you are a public employee) and then receive […]

Wisconsin’s Alternative to Debt Consolidation

Debt problems can be overwhelming.  Looking at those monthly minimum payments often feels like trying to fit a square peg in a round hole.  Once the realization that help is needed, many people look to debt consolidation as the answer.  But remember, as your mother would often tell you, “there’s no such thing as a […]