You Will Not Lose Everything Following a Bankruptcy Filing
There is no need to cash out retirement accounts prior to a bankruptcy. You do not have to use the equity in your house to provide protection. Bankruptcy is often the best method for protecting your valuable assets.
At the Helbing Law Office, LLC, we strive to educate Wisconsin residents on the facts of bankruptcy and dispel any of the popular myths.
Do not assume that a truck will pull up to your house and clear out all of your possessions following a Chapter 7 or Chapter 13 bankruptcy filing. Contact our Appleton office at 866-654-1317 to speak with an attorney.
The Peace of Mind You Need in Asset Protection
Many Fox Valley residents hold off on filing bankruptcy because they fear losing their house, car and other valuable holdings. However, the diligence and hard work that went into building a 401(k) or any type of retirement account can still pay off, even during a bankruptcy filing. Your nest egg is safe and secure.
Stopping Foreclosure and Repossession Actions
Bankruptcy does not speed up home foreclosure or car repossession. It stops it! Once the creditors are notified of the bankruptcy filing, any actions to take the assets must cease immediately. From there, you can either reaffirm the debt in a Chapter 7 filing or negotiate a payment plan of the past due amount in a Chapter 13 reorganization.
Oshkosh Bankruptcy Law Firm
Contact Us
For more information, or to schedule an appointment with an experienced lawyer regarding asset protection through a bankruptcy filing, please contact us.
We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.
