Providing Information Regarding Chapter 13 Bankruptcy

With foreclosures and job loss so high in today's economy, the financial plan you came up with years ago may no longer work for you. At Miller & Miller Law, LLC, our Waukesha County Chapter 13 bankruptcy lawyers help individuals and families come up with new plans, so they can get the debt relief they deserve.

Waukesha County continues to be plagued with the highest foreclosure rate in the state, and there does not seem to be an end in sight as filings increased 17 percent in 2010. Chapter 13 is a way that you can stop a foreclosure, make up those missed mortgage payments and stay in your home. Schedule an appointment with one of our attorneys to discuss Chapter 13 and see if this is the best option for you.

Why File For Chapter 13 Bankruptcy?

Providing both immediate relief and a long-term plan to rebuild your financial future, Chapter 13 bankruptcy can help you get back on your feet and stay there. People across Waukesha County consider Chapter 13 bankruptcy for a number of reasons, including:

  • Save your home and assets: The moment you file for Chapter 13 bankruptcy, you will receive an automatic stay, which will prevent all foreclosure and repossession actions. It will also stop wage garnishment and utility turnoffs.
  • Means test: If you do not qualify for Chapter 7 bankruptcy because of the means test, you can still get the debt relief you deserve through Chapter 13.

How The Chapter 13 Bankruptcy Process Works

By allowing you to work with your creditors to create a repayment plan you can afford, Chapter 13 bankruptcy will allow you to save your home and other assets. We will be there to help you negotiate a settlement and guide you through the process:

  • Credit counseling: In order to file for any type of bankruptcy under the new code, you first have to undergo a round of credit counseling.
  • Organize a repayment plan: Once you file for bankruptcy, we will work with your creditors to negotiate a three- to five-year repayment plan, based on your income and expenses.
  • Discharge your remaining debt: Once your payment plan is complete, you will be able to discharge any remaining unsecured debt.

While Chapter 13 bankruptcy provides many people with the relief they need, it is not the only option out there. We can help you explore your full range of debt relief options, including bankruptcy alternatives, such as debt consolidation and mortgage consolidation.

Wisconsin Debt Reorganization Lawyers

With over a decade of experience, our attorneys are ready to help you do whatever it takes to get the debt relief you deserve. With offices in Milwaukee and Kenosha, we help families across Waukesha County, including Brookfield, Muskego, New Berlin and Pewaukee. Contact our firm online or call us at 414-326-9231 to schedule a free initial consultation and find out if Chapter 13 bankruptcy is right for you.

We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.