Wisconsin Bankruptcy Law Blog

Owing a significant amount of debt can cause difficulty in multiple areas of your life. From your ability to pay your bills to the stress of dealing with debt collectors calling at all hours of the day, your debt can quickly overrun your life. It can be especially disheartening to learn of repossession efforts against your property.

It may surprise Wisconsin readers that creditors actually do have the right to take back certain property if you do not make payments for an extended amount of time. While it may be your vehicle, it could still be subject to repossession. Despite the creditor's right to do this, there are limits to how it can happen. You may find it beneficial to learn more about this process and your options.

Learning that you have a medical issue that needs immediate attention can be frightening. You may worry what the situation may mean for your health, your family and other aspects of your life. After learning about available treatment and moving forward with the most effective option, you may have felt some semblance of relief that the problem was addressed. Of course, that feeling may have been short lived once you received your medical bills.

Treatment for many types of medical conditions can leave patients facing thousands of dollars in expenses. Even with insurance coverage, you may still struggle to cover the balances left. Because unexpected medical emergencies can leave many people facing financial troubles, you may wonder how they deal with such issues and what options you could potentially utilize.

People get into debt for a variety of reasons. Whether you ended up there through a job loss, unexpected illness or injury, or some other monetary calamity, you now need to find a debt relief option that allows you to get back on your feet financially.

You're thinking of filing for Chapter 7 bankruptcy, but you may not be sure just what a discharge could do for you. There are often a lot of rumors and myths out there regarding this type of bankruptcy, but you need to know the truth before making big decisions.

Wisconsin consumers who are struggling with debt know how stressful and difficult it can be to deal with unpaid balances and pressure from debt collectors. If you are facing this situation yourself, you may understand that bankruptcy could offer you a way out. However, the decision to go ahead and file is not an easy one to make.

If you are considering the benefits of consumer bankruptcy, it could be helpful for you to understand more about this process and the right choice for you. The first step of this process is to learn about the differences between Chapter 7 and Chapter 13 bankruptcies and the eligibility requirements for each.