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October 2017 Archives

Chapter 7 bankruptcy | Exploring the pros and cons

If you are reading this, you probably already know that debt can consume your life even as you struggle to pay down all of your bills. It is like taking a step forward only to be knocked back a few steps. If an emergency arises such as a serious illness or the sudden loss of income, any balance you may have reached will soon disappear, leaving you in even worse financial trouble.

How Chapter 13 bankruptcy could help you pay child support

All family law courts in the United States place a high importance on a parent's child support obligations. This means that child support cannot be discharged in any type of bankruptcy. In other words, courts always expect parents to pay their support obligations regardless of their financial situations.

Chapter 13 bankruptcy | The upside vs. the downside

You probably already know how difficult it is to stay ahead in the nation's economic environment. Despite your very best efforts, you may have reached the conclusion that bankruptcy is the only way to address your financial hardships. While it can be a sad realization, you are in good company as many other Wisconsin residents are in the same situation.

Dealing with creditors and creditor harassment

Most people struggling with debt agree that fielding the many collection communications is one of the most distressing aspects of their debt. In truth, constant phone calls, emails and letters can actually shift the debtor's focus away from paying their bills. Instead, as the calls and letters get more and more hostile, most debtors simply want to make those communications stop altogether.