Bankruptcy Means Test

If you are drowning in debt like so many Wisconsin residents are, you have probably been looking at all of your available options for relief. Unfortunately, because of your search, you may feel more confused now than ever before about whether bankruptcy --...

No one wants to live life struggling to pay for basic needs. Unfortunately, financial issues can plague anyone, and even those who feel somewhat prepared for an emergency could end up in difficult financial straits due to not having enough savings or facing a serious...

Whether you are facing personal financial problems or serving in a business capacity for a Wisconsin company you own, you may wind up facing additional problems if you neglect to seek clarification of state laws regarding such matters as they apply. For instance, when...

In our last post, we spoke about the possibility of filing a Chapter 13 bankruptcy case to obtain relief from student loans. As we noted, though a bankruptcy filing would temporary provide relief to a graduate, it would not ultimately result in discharge of student...

In our last post, we mentioned that there are different goals, requirements and outcomes for bankruptcy cases depending on whether one files for Chapter 7 or Chapter 13 bankruptcy.  As we noted, the big difference between Chapter 7 and Chapter 13 bankruptcy is...

In our last post, we began speaking about the impact of income in the way a debtor deals with burdensome debt. First of all, we noted, income affects whether a debtor is able to seek debt relief outside bankruptcy. We left off speaking about debt management plans.In...

For those suffering from more debt than they can repay, bankruptcy can be a lifeline to a new and better future. Instead of struggling for  years, hoping to avoid further setbacks like a job lost that would force your debt load even higher and make the prospect...

These days, it seems like most Americans are strapped down with debt of some sort, though some obviously struggle more than others. Common debts include medical bills, credit cards, car payments, and mortgages. One of the fastest growing forms of debt, though, is...

Bankruptcy filings down 4.7% in stateWeak economy hitting small-business ownersBankruptcy filings in Wisconsin continued to fall for the second consecutive year, but attorneys say the hangover from the economic downturn still is forcing some small-business owners to...