Personal Bankruptcy

Dealing with unmanageable debt, missed payments and harassment from creditors can be overwhelming, leaving you feeling hopeless. When you are in debt, it may feel like there is no way out, but in reality, Wisconsin residents have various options available to them. You...

If you are like one of the many Wisconsin consumers who are currently dealing with overwhelming debt, you know how overwhelming this situation can be. From facing threats of foreclosure to fielding phone calls from creditors at all hours, being in debt can be...

Last time, we began looking briefly at how the type of bankruptcy for which a debtor files can impact his or her financial life post-bankruptcy. Another important issue to consider regarding the impact of bankruptcy is how it will impact a debtor's credit score and...

No matter what a debtor's profile in terms of specific types of debt, one of the foremost concerns people have about bankruptcy is how it will impact their credit score and their financial life in general. The answer depends on factors related to the bankruptcy filing...

In our last post, we began looking at the issue of whether tax debt may be discharged in bankruptcy. The issue is an important one for debtors who bring significant tax debts to the bankruptcy process, whether in Chapter 7 or Chapter 13 bankruptcy.As we noted, there...

Americans bring all kinds of debt to bankruptcy court. Some of the more common forms of debt include medical debt, credit card debt, and mortgage debt, but tax debt can also be a significant reason for filing for many debtors.Tax debt, though, is not necessarily...

Do you have stress over finances? If you do, you're not alone. According to a recent survey by PricewaterhouseCoopers, financial stress is the highest it has been in the last five years. The causes of financial stress certainly vary from household to household, but...

In our last post, we looked briefly at new rules established by the Consumer Protection Financial Bureau which would protect consumers from some of the more risky aspects of payday lending. As we noted, there is a lot of opposition to the new rules from the lending...

Most of our readers have probably, at one time or another, come across an advertisement for payday loans, which are typically small, short-term loans due on the borrower's next payday. The terms of these loans vary, but in many cases such loans can border on--if not...

Medical debt is one of the most challenging forms of debt Americans face. Numerous studies have shown it to be among the most common forms of debt cited in bankruptcy, and it is also probably the form of debt that goes into collections the quickest. For those who have...