Chapter 128, which is also known as amortization of debt actions, allows Wisconsin residents who have a steady income to pay down their debts over a period of three years. The payments are made monthly and the period cannot extend past three years.There is a big...
Chapter 128
Explaining the rules for Chapter 128 in Wisconsin
Filing for bankruptcy is a last ditch effort for thousands of people across the country every year and Wisconsin is no exception. Even as the economy continues to slowly improve, people are still struggling with debt and finding ways to pull out of it. An alternative...
Wisconsin motorcycle company shutting down yet again
A Wisconsin motorcycle company is shutting down yet again. The company, Erik Buell Racing, is headquartered in East Troy and is shutting its doors for a second time. The company went through a bankruptcy restructuring back in 2015.EBR Motorcycles was the sequel to...
Debt relief solutions for people earning more than $100K
Debt does not discriminate. Whether your income is $25,000 or $125,000, you may still find yourself struggling to make ends meet. People whose income exceeds $100,000 often worry that they will not be eligible to file for bankruptcy. The good news is there are...
Chapter 128 and payday loans; A chance for relief
Payday loans are supposed to be short-term financial fixes for emergencies, like a broken tooth or a flat tire when you're short on cash and credit and there's nobody in your social circle that's flush enough to lend you the cash.They can quickly turn into a financial...
How to get your financial house in order in the new year
It's a new year. What are you going to change? What are excited about? How about getting your financial house in order? If you have been wrestling with debt, now is the perfect time to take care of it. Find out why. Develop a plan for dealing with debtWith the chaos...
Chapter 128: What is this Wisconsin bankruptcy alternative?
When filing for federal bankruptcy relief, debtors have to go through a fairly burdensome process -- they must submit property statements, financial disclosures, go through debt counseling, go through the "means" test to see if they qualify for bankruptcy relief (and,...
Would a Chapter 128 filing work for your debt relief?
For debtors in Wisconsin, the options for debt relief are many. You could choose a commercial debt relief company or debt consolidator. These programs often appear with slick advertising, making it seem like they can perform some special "magic" that will make your...
3 Things to Know Before Filing Bankruptcy
For people in Wisconsin and everywhere, debt is a scary, nerve-wrecking experience. You're angry at the collectors who are bringing chaos into your world. Sleepless nights have made your irritable. Your imagination paints bleak pictures of a hopeless future. Worst of...
Help when you need it or legalized loan sharking?
Read this article from today's Journal Sentinel to see how payday lenders get around the very laws designed to regulate them. https://www.millermillerlaw.com/Attorneys/James-L-Miller.shtml https://www.millermillerlaw.com/Practice-Areas/Chapter-7-Bankruptcy/