SBA Loans: Understand What You Are Signing

Small business is the heartbeat of the American economy.  Estimates suggest that there are over 33.2 million small businesses in the United States.  Combined these businesses account for nearly 99.9% of all American businesses.  Most, if not all, of these businesses begin the same way: an idea, a vision, and the need for capital.  While […]

SAVE Income Based Student Loan Repayment Plan:  An absolute game changer!

The U.S. Department of Education has offered various income-based repayment plans for federal student loans borrowers for quite some time now. The goal of each of these plans is to calculate a monthly payment based on your income and make those payments for 20 years (10 if you are a public employee) and then receive […]

Wisconsin’s Alternative to Debt Consolidation

Debt problems can be overwhelming.  Looking at those monthly minimum payments often feels like trying to fit a square peg in a round hole.  Once the realization that help is needed, many people look to debt consolidation as the answer.  But remember, as your mother would often tell you, “there’s no such thing as a […]

Is a debt-free life achievable?

Helbing Law office, LLC located in Appleton, Wisconsin with Chapter 7 and Chapter 13 bankruptcy support from Timothy Helbing

A recent survey found that the average American has over $54,000 worth of debt.  What type of debt are these people carrying?  According to the survey 57% is credit card debt; 30% mortgages; 30% automobile loans; and 28% medical debt.  The results of this survey are staggering, but not surprising.  Total household debt increased by […]

With home foreclosures rising, know your options

With the current cost of living continuing to rise, so is the number of foreclosures nationwide.  While the cost of gasoline, eggs and milk have slowly decreased, we all feel the pinch of other consumer goods remaining high, putting many at risk of falling behind on mortgage payments.  Experts suggest this increase is a “normalization” […]