It’s no question that filing for bankruptcy can be a stressful time in a person’s life. However, there are many misconceptions that may permeate your mind when it comes to bankruptcy which makes it seem scarier than it really is. Myth #1: You’ll lose all your...
Do Not Be Overwhelmed By Your Debts
Firm News
Bankruptcy may eventually improve your credit score
There should be more to life than constantly struggling to pay monthly bills. Unfortunately, even if you manage to make payments on time, an emergency expense may leave you with a tremendous amount of debt. You probably do not have to bear the anxiety that comes with...
Is there any relief for student loans?
There is a prevailing myth that student loan debt is impossible to discharge or mitigate. While it is true that student loan debt is very difficult to deal with compared to other debts, it is not true that no relief is possible. If you struggle with seemingly...
Recovering financial stability after bankruptcy
If you are struggling with an overwhelming amount of debt, filing for bankruptcy may provide a chance for you to start fresh and regain control of your financial situation. Once you go through the legal process of filing for bankruptcy in Wisconsin, you may wonder how...
Claims of fraud in bankruptcy cases
When you choose to file for bankruptcy, you have to list all of the debts that you have in your name. This means that you can't pick and choose which ones are going to be part of the case. Because of this, you have to think about how this will impact your life by...
Repayment plans must be taken seriously in bankruptcy
A person who is overwhelmed by debt is likely going to try to find some relief. For some, the only reasonable option is to file for bankruptcy. Unfortunately, there are negative connotations associated with filing for bankruptcy because some people believe this gives...
How do you know when to file for bankruptcy?
There are many reasons why people might choose to file for bankruptcy. Knowing when to consider this option is important because you don't want to file if you don't need to, but you shouldn't wait too long. There are some specific cases in which filing is the best...
Know the options you have for getting out of debt
When you are swimming in debt, there is a chance that you will need to find relief because you can't make the minimum payments on multiple accounts. There are a few options that might be viable in these cases. One of the first things that you need to do is contact the...
Your situation determines how a bankruptcy will affect you
As the summer months near, some families will be considering taking vacations. Others are more worried about how they will make ends meet. There is a chance that the people in both of these groups will consider bankruptcy before the end of the year. While many people...
Considerations for young adults thinking about bankruptcy
Some individuals may associate bankruptcy with older adults, but there are instances in which younger people might need to file. People in their 20s may not realize exactly how this decision can impact them. It is imperative that everyone who is young and considering...