October 27, 2016

Understanding the Role of Bankruptcy Trustee in Chapter 7

written by Lane Fitzgerald

Many people who consider filing for Chapter 7 bankruptcy in Wisconsin approach the decision-making process frustrated and overwhelmed. If you are in a similar situation, you may still be trying to decide which type of bankruptcy is right for you.

If you have already determined that a Chapter 7 filing is the right path forward, you may be wondering how to file and navigate the bankrupcty process itself. 

You may find it helpful to gain a thorough understanding of what is involved in the process of filing before taking the first steps toward debt forgiveness. This article will answer questions about the role of a bankruptcy trustee in order to give you a better idea of what to expect if you decide to file for Chapter 7 in Wisconsin.

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Bankruptcy Law

October 19, 2016

How to Save Money When Filing for Bankruptcy and Divorce in Wisconsin

written by Lane Fitzgerald

Getting a divorce costs money; more if you and your spouse are having trouble reaching an agreement about division of property, child custody or other issues.

When your financial situation also dictates the need to file for bankruptcy at the same time as your divorce, the order in which you file for them can either wind up saving you money or costing you much more in the long run.

This article will explore potential costs you might face for your divorce and bankruptcy, and offer tips on how you might save money as you move toward a fresh start, both personally and financially.

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Bankruptcy Law, Family Law

October 03, 2016

How to Convert from Chapter 13 to Chapter 7 Bankruptcy in Wisconsin

written by Lane Fitzgerald

Many people can find the strict schedule of paying back debt under a Chapter 13 bankruptcy filing simply too much to keep up with over time. After all, if you have filed this type of debt reorganization, you are not allowed to miss a payment in the average 3-5 years it takes until your bankruptcy case is resolved.

One possible solution to this challenge is to convert your Chapter 13 bankruptcy to a Chapter 7 bankruptcy. This may sound simple, but there are conditions you must meet in order to file for Chapter 7 debt relief, as well as some key things to consider before moving in this direction.

This article will explore issues you will want to consider before pursuing a change from Chapter 13 to Chapter 7 bankruptcy in Wisconsin.

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Bankruptcy Law