Helping You Out Of Bad Financial Situations
At the Helbing Law Office, LLC, in Appleton, we primarily help clients facing serious financial problems. They need relief from the pressure of harassing creditors and rising interest rates, and we present them with various options.
The most cost-effective and time-saving strategy to secure debt relief is through a Chapter 7 filing. Discharging your credit card or medical bills in a matter of months can help wipe the slate clean and allow you to start over. That level of protection means that you no longer have to worry about harassing creditors and the possibility of wage garnishment.
A reorganization affords you the opportunity to not only end the stress of overwhelming debts but also protect your most valued assets, including your house or car. A common misconception is that a bankruptcy filing means the end of retirement accounts, 401(k)s and even the equity in your home. This is not true.
A Section 128 filing is an option provided to Wisconsin residents. Similar to a Chapter 13 bankruptcy, it can allow you to reorganize your debts, specifically into a three-year plan. You have the chance to pay 100% of your unsecured debt over that time without adversely affecting your credit. That may make life after bankruptcy a bit easier. Depending on your debt load, this alternative may be a viable option for you.
Student Loans And Bankruptcy
While student loans are rarely discharged in Chapter 7 bankruptcy, you still have options for facing the debt you accrued while pursuing your education. Even though student loans are difficult to discharge in bankruptcy, there are some administrative discharges that may be available. Additionally, we can try to get you into an affordable monthly payment plan. As another option, Chapter 13 bankruptcy is a reorganization of your debts and sets out a repayment plan. This may be a better option for you to address your student loans. We work closely with clients to ensure they understand their options and tailor a plan that suits their needs and goals.
For personalized legal representation, contact bankruptcy attorney Timothy Helbing at our Appleton office by calling 920-659-5606 or contacting us online.
We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.