Wisconsin Bankruptcy Law Blog
Bankruptcy Code Section 366: Utility debts and disconnection
During winter months, losing power could mean freezing to death in Wisconsin and other states with consistently low temperatures. So, the energy company will not shut off your power, even if you cannot make payments during the winter months. However, falling so far...
Remedies that can prevent utilities from cutting service
Wisconsin residents can safely assume that they will require heat during the winter months of October through March, but they cannot always make the same assumption about their ability to pay for utility services. Fortunately, several options are available to...
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...
