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You can also feel free to text us at 414-277-7742 to set up your FREE appointment with our attorneys today
You can also feel free to text us at 414-277-7742 to set up your FREE appointment with our attorneys today

July 2011 Archives

Attorney Miller quoted in Journal Sentinel regarding decline in Bankruptcy Filings

Bankruptcies ease in U.S., state

By Paul Gores of the Journal Sentinel

Be Careful When Discussing Bankruptcy With Other Professionals

A bankruptcy has an effect on many parts of one's life and therefore people like your accountant, financial advisor, etc. might end up giving you some advice or sharing a story about someone they know who has filed. While these confidants are usually trying to be helpful, beware: their advice isn't always accurate, and it is always best to discuss your situation with a knowledgeable bankruptcy attorney to get the right answers.

We can Lower your car payment through bankruptcy

In you own a car that you owe more than it is worth, our lawyers may be able to help lower your car payments. Our lawyers can use a Chapter 7 bankruptcy redemption to lower your payment. Many people are forced into bankruptcy because a car loan company has over-financed a vehicle. A high car payment can make it impossible to afford your car. We may be able to force your car lender to accept a payoff on your vehicle for only the value of your vehice.

Fewer Bankruptcies in first half of 2011

U.S. Consumer bankruptcies fell 8% during the first half of 2011 from the same period last year. The number of U.S. consumer bankruptcy filings fell to 709,303 from 770,117 last year according ti a report by the American Bankruptcy Institute. For June, bankrutpcies were down 5% from a year ago.

FORECLOSURES DOWN IN MILWAUKEE AREA

The Milwaukee Journal Sentinel is reporting this morning that the number of new foreclosure cases in Milwaukee dropped 8% in June compared to foreclosure filings in June 2010. The article went on to say that monthly totals remain at elevated levels for the area, as high unemployment and a week housing market continue to take a toll.

HUD to give away $1 billion to struggling homeowners-ANOTHER OPTION TO HELP SAVE YOUR HOME

In June, the HUD launched $1 billion Emergency Homeowners' Loan Program, or EHLP. This program is one that targets homeowners who are among the most difficult to help; those who fell behind on their mortgage payments because of job loss or unexpected medical bills. This latest government program was supposed to start last year, but implementation delays mean that HUD must spend all of its $1 billion by the end of September 2011. This program will help home owners repay mortgage payments that are behind.

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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