Milwaukee, WI Bankruptcy Law Blog

Tuesday, July 17, 2018

Is a Debt Collector Harassing You?

Is it legal for debt collectors to call me at work?

An aggressive debt collector can make your life miserable by constantly calling you at home and work. Harassment by debt collectors may lead to considerable stress, and could have you considering filing for bankruptcy. In order to protect consumers, Congress passed the Fair Debt Collection Practices Act (FDCPA). The Act places limitations on when, where, and how often debt collectors can contact consumers. Our Read more . . .

Friday, July 6, 2018

Halting Wage Garnishments with Bankruptcy

Will filing for bankruptcy end the garnishment of my wages?

Wage garnishments occur when a creditor secures the right to collect a sum from the employee’s wages in order to recover a debt owed. Wage garnishments can take a substantial hit on your finances, and the rate of Americans affected by wage garnishment is growing every year. Currently, it is believed that over seven percent of all active employees are subject to a wage garnishment. Garnishments can stem from unpaid child support, outstanding credit card bills, student loans, and many other forms of debt. Fortunately, many people can Read more . . .

Tuesday, June 12, 2018

Bankruptcy and Your Credit Report

How long will a Chapter 7 bankruptcy remain on my credit report?

One of the first concerns of many potential bankruptcy filers is how the bankruptcy will affect their credit score. A lot of misinformation exists concerning bankruptcy and credit reports. It is common for those new to the bankruptcy process to believe that filing for Chapter 7 bankruptcy will destroy their credit.

Read more . . .

Wednesday, June 6, 2018

How Much Does It Cost To File Bankruptcy?

One of the things a lot of my clients find frustrating is the fact that filing for bankruptcy costs money. The government knows the people that are filing are having money troubles, but they still charge a fee and make the process so complicated that it is almost impossible to navigate it without an attorney, who also charges a fee.

I get why this is upsetting. And that is one of the reasons I keep my legal fees as low as possible. Below is a breakdown of the costs associated with filing for a bankruptcy, and an explanation of how I determine how much I will charge for my services in various bankruptcy cases.

Read more . . .

Tuesday, May 15, 2018

Even the Best Laid Plans Can Go Awry

Sometimes when you are going through a rough financial spot it can be helpful to be reminded that you are not alone. There are other people out there who have made mistakes, and plenty of people who have seen very carefully laid plans fail.

However, not a lot of people want to share stories of personal financial ruin - and who can blame them? - but the business world is full of examples of financial failure, bankruptcy, and redemption. Right now, we are following an interesting

Read more . . .

Tuesday, May 8, 2018

Medical Bills Weren’t Driving the Rise in Bankruptcies, But They’re Still a Problem

When Obamacare was being debated, we frequently heard politicians saying that one of the reasons the healthcare system needed reform was because it was causing so many bankruptcies. A new study suggests that claims about medical bills causing bankruptcy were greatly exaggerated, but that medical debt is still a big problem for a lot of people.

Read more . . .

Thursday, April 12, 2018

The Downside Of Debt Settlement

If you watch television or listen to the radio, there is a good chance that you have recently seen or heard an ad for debt consolidation and relief. They are on all the time. And like most ads, they don’t tell the whole story.

Read more . . .

Friday, April 6, 2018

Protecting Your Home in Bankruptcy

Will I lose my home if I file for bankruptcy?

One of the main concerns of many would be bankruptcy filers is losing their homes. Bankruptcy can be an effective financial tool for individuals who are burdened by debt. Through a Chapter 7 bankruptcy action, you can erase all or most of your unsecured debt.

Read more . . .

Wednesday, March 14, 2018

Wisconsin Bankruptcy Exemptions Examined

Can I keep my home in a Chapter 7 bankruptcy?

Chapter 7 bankruptcy allows individuals burdened by overwhelming debt to eliminate their debt and start anew financially. While Chapter 7 can be a lifeline for struggling Americans, it does come with some potential drawbacks. Bankruptcy filers could potentially lose some of their property in the bankruptcy action. Before filing for bankruptcy, you will want to examine what property is exempt from seizure in Wisconsin. Our Read more . . .

Tuesday, March 6, 2018

Bankruptcy Statistics of 2017

Standing Out In a Bad Way

Those of us that live in Wisconsin know we are basically living in paradise. We have the best cheese, the best snowmobile trails, and the best NFL team.

Read more . . .

Monday, February 26, 2018

Are Americans in Debt?

Americans Are More In Debt Than Ever 

It’s been ten years since the 2008 financial crisis and the start of the Great Recession. Although many people vowed never to go so far in debt again, new data on household debt shows that American households have more debt now than before the financial crisis. Does this mean financial ruin is once again inevitable? According to the Federal Reserve Bank of New York’s Center for Microeconomic Data, total household debt increased by $193 billion or 1.5% to $13.15 trillion in the fourth quarter of 2017.

Read more . . .

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| Phone: 414-436-8428

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| Phone: 414-436-8428