Chapter 7 Bankruptcy

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...

If you consider filing for bankruptcy, a test outlined in the U.S. Bankruptcy Code makes figuring out if you qualify, along with determining which chapter of bankruptcy you should file, fairly simple. If you want to file for bankruptcy, you must complete the "means...

March and April are peak months for filing bankruptcy and attorneys know why: The people who come to them are unable to even afford the small legal fees associated with bankruptcy petitions without their tax return money.It's no secret that many Americans have very...

Once the decision has been made to pursue bankruptcy, people often examine the different types of bankruptcy available to them. Most individuals file either a Chapter 7 or Chapter 13 bankruptcy. For many, Chapter 7 bankruptcy is preferable because they want to get...

When looking for debt relief options, it's normal to question how each option really works and how each actually helps your situation. In Wisconsin, there are many possible solutions. The best option for you will depend on your individual situation. People often start...

People from all walks of life can end up in financial trouble -- including those who work for federal agencies and contractors who have to pass a security clearances as a condition of employment. Many of those people are afraid of bankruptcy court because they're...

The owners of Bartolotta Fireworks have filed for personal bankruptcy protection. It has also been announced that the company will become part of Wolverine Fireworks. The company is based in Delafield and not associated with the Milwaukee restaurant group bearing the...

Many self-employed people work as sole proprietors -- so their business assets aren't protected from a bankruptcy that arises from personal debts.That can make filing for a Chapter 7 bankruptcy especially intimidating. The court has the right to seize valuable...

Can a university or college refuse to give you a copy of your transcript—essentially rendering your education valueless—if you filed bankruptcy on your educational debt?Most people have heard that discharging education debt in a bankruptcy is next to...

Filing for Chapter 7 bankruptcy is a decision that should not be taken lightly. When the decision is made to file in Wisconsin, there are requirements that must be followed by the party filing.Prior to filing for Chapter 7, you must be able to prove that you received...