Wisconsin Bankruptcy Law Blog
Two ways to pay down credit card debt after the holidays
Even though the holidays were nearly two months ago, some people are still recovering. Many people in Milwaukee may have used a credit card or two to purchase gifts over the holiday season. However, it is all too easy to overspend during a time of love and generosity,...
What types of debt can you get rid of if you file for bankruptcy?
Owing a significant amount of debt can affect your life in many ways. It can cause you to deplete your savings, and you may have to rely on credit cards just to make ends meet. You may also be getting numerous phone calls from debt collectors and facing the threat of...
Considerable debt can negatively affect mental health
Anyone can end up in a difficult financial spot. Some may think that the issue is only temporary and that they will get back on track next month or after their next paycheck. Unfortunately, some people may find their financial problems starting out small and...
Business having financial problems? Don’t panic.
As one of many Wisconsin business owners, you're likely no stranger to economic challenges. Perhaps you've had some fiscal years that were better than others. As long as you can pay your employees and keep business rolling as usual, you're confident that things will...
Are you worried that bankruptcy will damage your credit?
Filing for bankruptcy is a major decision. Many Wisconsin residents may struggle with overwhelming debt for years before deciding that taking this step could be right for them. If you are currently in this type of predicament, you may want to consider why you feel...
Which debts reduce your satisfaction with life?
Throughout the phases of your life, you may have dealt with different kinds of stress. You have pressure at work and struggles with your family, and any of these can affect your quality of life.How does your debt affect your quality of life? For some, debt can make...
Why are so many people in Wisconsin in debt?
Perhaps you grew up in a household where it was taboo to discuss finances. Maybe your parents told you it isn't polite to tell people how much income you earn or to talk about debt. However, many people in Wisconsin have learned that it can not only be helpful to talk...
Does a statute of limitations mean your debt goes away?
Having a substantial amount of debt looming over you can put a damper on any situation. You may have the ability to forget about your outstanding balances for a time, but they likely jump to the forefront of your mind when it comes to making a purchase, especially on...
Patience is a virtue for post-bankruptcy home equity loans
Bankruptcy provides you with numerous benefits, such as relief from creditor calls, time to reorganize your finances and relief from certain debts eligible for discharge. On the other hand, some temporary setbacks also occur.Your credit rating will take a hit, but...
Bankruptcy has benefits, but do you still have concerns?
Being in debt is a confusing experience for most people. Is the debt good? Is the debt bad? Do you have too much or too little? For you, the last question may have an obvious answer because your outstanding balances have reached concerning levels. Now, you wonder...
