On behalf of Helbing Law Office, LLC | Sep 30, 2016 | Bankruptcy, Firm News
Payday loans, which often come at exorbitant interest rates, are no one’s idea of the best way in which to obtain a loan. They often appear to prey on the poor and the vulnerable. However, they exist because they fill a need, that of short-term low loan amount...
On behalf of Helbing Law Office, LLC | Sep 23, 2016 | Chapter 7 Bankruptcy, Firm News
Last time, we were discussing a reaffirmation agreement in a Chapter 7 bankruptcy. This agreement allows you to keep a vehicle by “reaffirming” the terms of the loan. To be eligible for this agreement, you typically need to be current on your payments and...
On behalf of Helbing Law Office, LLC | Sep 23, 2016 | Firm News, Student Loans and Bankruptcy
ITT Tech is the most recent example of the many for-profit schools that are closing for good. These educational institutions often leave their students hanging with incomplete degrees and substantial student loan debt. If you or your child has been affected by a...
On behalf of Helbing Law Office, LLC | Sep 16, 2016 | Chapter 7 Bankruptcy, Firm News
One of the more complex aspects of your Chapter 7 bankruptcy is the matter of your vehicle and whether you should reaffirm that loan obligation. It is likely if you live in the Appleton region, you need a vehicle to get to and from work. The question is, do you need...
On behalf of Helbing Law Office, LLC | Sep 9, 2016 | Chapter 13 Bankruptcy, Firm News
Most people in Wisconsin need a vehicle in order to maintain a job. In a Chapter 13 bankruptcy, people will often have a vehicle that they are paying through their Chapter 13 plan. But because many Chapter 13s have a duration of five years, there are also many...
On behalf of Helbing Law Office, LLC | Sep 2, 2016 | Debt Relief, Firm News
One of the ways that creditors try to scare people away from filing a bankruptcy is by claiming it will “destroy their credit.” Admittedly, filing a bankruptcy will not improve your credit rating or FICO number. Of course, you are not filing a bankruptcy...
On behalf of Helbing Law Office, LLC | Sep 1, 2016 | Debt Relief, Firm News
When attempting to get out from under overwhelming debt, other options include credit counseling companies or debt settlement companies. If you take either of these steps, you need to educate yourself and learn exactly what each company promises. You want that...
