Late notices. Rising balances. A mailbox (or inbox) that feels like a countdown clock. When debt starts dictating choices, it is easy to feel overwhelmed and out of options — but bankruptcy protections exist for a reason: to give people a legal way to pause collection...
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Bankruptcy
Chapter 7 vs. Chapter 13 bankruptcy
Chapter 7 vs. Chapter 13 bankruptcy Chapter 7 Bankruptcy You have little to no disposable income and are interested in a quick liquidation of unsecured debts. You are behind on credit card and/or medical bills. Your wages are currently being garnished or are facing a...
In debt? You are not alone as US bankruptcy filings surge
If you feel overwhelmed by mounting debt, you might feel like you are the only one struggling. Financial pressure often carries a sense of isolation, but the reality is much different. Recent federal data shows that more people are pursuing a fresh start through the...
What are the benefits of filing Chapter 7 bankruptcy?
Filing for Chapter 7 bankruptcy offers relief for those overwhelmed by debt. This process can provide a fresh start by discharging most types of unsecured debt, meaning that you would no longer legally required to pay them off if your case was successful. With that...
A specific feature of bankruptcy influences when people file
There are different types of bankruptcy that can help people in a variety of difficult personal situations. Chapter 12 bankruptcy, for example, is useful for those running a farm or ranch operation that has experienced a few bad seasons. Chapter 13 bankruptcy can help...
You can protect your farm when filing for bankruptcy
The ability to file for personal bankruptcy or business bankruptcy protects those who make mistakes about starting a business or how they invest their savings. Bankruptcy is also helpful for those who have just battled cancer or gotten hurt in a car crash. As a family...
What makes a Chapter 13 bankruptcy different from Chapter 7?
Unless you work as a farmer, rancher or professional fisherman, you will probably file for Chapter 7 or Chapter 13 bankruptcy. Many people are only familiar with the basics of a Chapter 7 bankruptcy, even though there are significant restrictions on who qualifies for...
Debt relief comes in many forms: You can get out of debt
Pittman & Pittman Law Offices 3334924 EBP 01 due 0518.pdf Debt relief comes in many forms: You can get out of debt If you’re dealing with significant debt, it can feel difficult to handle. You may not be sure when you’ll be able to pay it back or how to pay back...
Do you qualify for Chapter 7 bankruptcy in Wisconsin?
There are several different kinds of bankruptcy. Chapter 12 bankruptcy helps those with agricultural businesses, while Chapter 13 is a good solution for those with a lot of property or higher-than-average income. For those with below-average income and fewer assets,...
What debts can a farmer discharge in a Chapter 12 filing?
Farming can be an unpredictable profession. Even those who have lifelong experience working a particular patch of land or growing a specific crop could experience catastrophic failure due to factors beyond their control. Large-scale infestations of crop-consuming...

