Helbing Law Office Logo by Timothy Helbing located in Appleton, WI serving chapter 7 and chapter 13 bankruptcy

Important considerations for a Chapter 13 bankruptcy

Chapter 13 bankruptcy isn’t an easy way out of debt. Many people may falsely assume that once they file, they are done. The fact is that a Chapter 13 filing means that you are going to make regular payments to the bankruptcy trustee. This fact alone makes it a more difficult option than the Chapter […]

Use bankruptcy as a turning point in your financial attitude

Your bankruptcy process is one that isn’t going to be over in just a few days. If you file a Chapter 7, you will likely have a discharge faster than someone who files a Chapter 13. This is because the people who file the latter option will have to make payments to the bankruptcy court […]

Tips for enjoying financial freedom after bankruptcy

Filing for bankruptcy is a difficult step that some people take to get out of debt. If you are thinking of taking this step, make sure that you understand what life is going to be like after the filing. It is imperative to take steps to shore up your finances during the bankruptcy. You also […]

Understand what happens when you go through bankruptcy

When your credit card and other bills become so overwhelming that you are having to figure out what to pay and what to let lapse, it might be time to consider your options for reducing the debt loan. You mustn’t fall for scams and shams when you are in this position. Instead, you need to […]

Make a plan for handling Christmas credit card debt

Christmas debt is something that many Americans will accumulate at the end of the year. While there isn’t really anything wrong with this, there is sometimes a problem in January when the credit card bills start coming in. This might bring up the question of how to handle that debt so that you can get […]

Reclaim your financial stability through bankruptcy

Filing for bankruptcy isn’t something that most people want to do during their adult life. When you are in debt so deep that you can’t find a way to pay at all, you might need to consider bankruptcy. The type of case you file determines what you will have to do. If you have an […]

Types of debt covered in a Chapter 13 bankruptcy

One of the possible consumer bankruptcy chapters that some people file when they need this protection is Chapter 13. This is known as the wage-earner’s bankruptcy because debtors have to set up a repayment plan that covers some of the debts they owe. In most cases, the payment schedule will coincide with the debtor’s pay […]

Know the qualifications for a Chapter 7 bankruptcy

Sometimes, a person who is deep in debt won’t have any assets or available money to pay off what they owe. Even making minimum payments is a big struggle. In these cases, a Chapter 7 bankruptcy might be in order, but only if the person can pass the means test. This is a set of […]

Higher income levels can also lead to higher levels of debt

Many people inaccurately believe that only people with low income levels struggle with debt. Nothing could be further from the truth. Individuals with low income and bad credit typically can only receive a small amount of money on credit. Even if they secure multiple different forms of credit, from car loans to credit cards, their […]

Beware of debt relief scams

Some people try to do anything they can to avoid having to file for bankruptcy. While this is a good thing for many, it is imperative that you make sure that you have a viable option that isn’t going to lead to you being scammed. There are some unscrupulous companies out there that prey on […]