Facing Car Repossession in Wisconsin? Understanding Your Rights and Options
Falling behind on car payments can be a stressful experience, and the threat of repossession adds another layer of worry. If you reside in Wisconsin and are facing car repossession, understanding the legal process and your rights is crucial. This blog post aims to provide a general overview of the car repossession process in Wisconsin, […]
When Repossession Turns Unlawful: Protecting Your Rights in Wisconsin
Facing car repossession is a stressful experience, but what happens when the repossession itself is unlawful? In Wisconsin, specific laws protect debtors from unfair practices during the repossession process. This blog post, aimed at informing Wisconsin residents, outlines the legal parameters of car repossession and your rights when faced with an unlawful repossession. It’s important […]
How Much Can I Claim in Bankruptcy Exemptions in Wisconsin?
Facing overwhelming debt can be a stressful and frightening experience. If you’re considering filing for bankruptcy in Wisconsin, one of your primary concerns might be protecting your assets. Wisconsin, like all states, offers bankruptcy exemptions that allow you to shield certain valuable items from liquidation during the bankruptcy process. This blog post will explain the […]
Facing Creditor Contact During or After Bankruptcy?
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
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
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
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
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 […]
