Going over your finances and discovering that you aren’t able to pay all your bills can be a harrowing discovery. If you are finding that you need relief from your debts, filing for bankruptcy is one of the options you have to reorganize your debts or have them discharged. With the upswing in the economy, bankruptcy filings in 2013 in Wisconsin were down by about 25 percent from 2010 and 10 percent from 2012. That, however, doesn’t mean that bankruptcy protection is a thing of the past.

In 2013, approximately 75 percent of the bankruptcy filings in the state were Chapter 7 filings. Under Chapter 7 protection, most debts, including utility debt, credit card debt, and medical debt is discharged.