Wisconsin Bankruptcy Law Blog
The dangers of social media postings after filing for bankruptcy
There once was a time when you may have kept your bankruptcy filing a secret. Now that others understand what the process can do, more are open to sharing their experiences with others. However, is social media a great platform to use to do this? While social media is...
BREAKING NEWS: Utility Disconnection Moratorium Expires April 15, 2022
The Wisconsin utility disconnect moratorium, which prevents your utility service company from disconnecting electric and gas accounts, will come to a close on April 15, 2022. This means utility companies can resume shut-off scheduling for those with outstanding bills....
Utilities disconnect moratorium ends April 15; you have options
The financial struggles continued for you and your family, and especially hit hard during the past two years of the COVID-19 pandemic. The bills that piled up included those for utilities. But, during the recent months, the state of Wisconsin provided you with a...
Do you need to wait for your tax return to pay off your debts?
When you have debt building up, the pressure to pay it off can be overwhelming. Collections agencies, lawsuits from creditors and threats of foreclosure can make you feel like you have no options but to pay as soon as possible. While your tax return may help pay off...
Strategies to handle your holiday credit card debt
As your credit card bills from the holidays become due, you may be thinking about revising your financial approach in the new year. It can be hard to get a fresh start, especially when you owe too much money from December's festivities. These three smart strategies...
Student loan moratorium extended through May
The student loan moratorium that allows borrowers to temporally stop making payments on such loans has been extended through May 1. This marks the third extension provided by the Biden administration, which made the most announcement on Dec. 22. The student loan...
Should I file for bankruptcy before or after the holidays?
Both the holiday season and bankruptcy can be stressful for many people. When these two matters collide, planning and decision-making can become especially burdensome. It is often thought that pushing bankruptcy off until later is a better financial move, but there...
How much of your wages can a creditor garnish?
Wage garnishment is one of the most effective weapons in the debt collector's arsenal. From the debtor's perspective, garnishment is a devastating setback. As if having a debt problem wasn't bad enough, now there is money missing from your paycheck. If you are facing...
Can getting help from crowdfunding affect my ability to file bankruptcy?
GoFundMe sites have been created for many reasons; someone needs an operation, someone's cat needs an operation, or a family needs enough money to finally have a home. In an era where more bankruptcy cases are filed due to medical debt, it is not unreasonable to turn...
3 bankruptcy myths dispelled
No one ever wants to think that they will face bankruptcy, but it is likely more common than you think. According to the U.S. Courts, 544,463 people filed for bankruptcy in 2020. The process is also not as scary as you may think, though there are many myths and...
