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November 2010 Archives

Credit Cards

True or False? All you need is one credit card? That use to be true before the recession but, now that credit card issuers can cancel your card for any reason, you should have more that one according to Real Simple Magazine. Credit card companies are closing accounts and reducing spending limits even on customers with good credit histories if they perceive they are having cash flow problems.

Protected in Bankruptcy

A recent article in the Wall Street Journal regarding What is Protected in a Bankruptcy it stated that by year end, more than 1.6 million people are expected to have filed for personal bankruptcy, according to the American Bankruptcy Institute.

Eliminating 2nd Mortgages through Bankruptcy

Many homeowners during this economy have lost a great deal of equity in their homes. Milwaukee has seen a drop in property values. Many homeowners now find themselves "underwater" on their mortgages, owing more to their lender thatn their homes are worth. In the past few years many borrowers purchased their home with two mortgages: 80% first mortgage and a 20% second mortgage. If you obtained this type of loan or refinanced your home and took a second mortgage, you may find yourself having difficulty making your payments. Having a free initial consultation with one of our attorneys can assist you in determing whether the option of eliminating your second mortgage is right for you.

Contact Our Milwaukee Law Firm

Reach Miller & Miller Law, LLC, online or call us at 414-326-9231 to schedule a free initial consultation. Our law office also provides Spanish language services. Se habla español.

To schedule an initial consultation, call 414-326-9231 or contact Miller & Miller today.

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Milwaukee Office
633 W Wisconsin Ave, Suite 500
Milwaukee, WI 53203

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