For consumers seeking debt relief in Wisconsin, Green Bay's WFRV-TV and WFRV.com warns state residents about doing business with fly-by-night debt consolidation companies, many of whom advertise heavily in the media. Complaints to state and local government regulators about these firms–who sometimes take the money and run–are apparently on the increase. The Wisconsin Better Business [...]

A story in the Green Bay Gazette reaffirms that there is life after an individual bankruptcy in Wisconsin. Robert Jahnke filed bankruptcy in the 90s owing to a divorce along with crushing business debts and an inability to negotiate appropriate payment arrangements with his creditors. In the process, he lost his travel agency business and [...]

In a late January blog posing, we noted that more than 1,000 GM dealerships intended to take post-bankruptcy General Motors to arbitration over the reorganized automaker's controversial decision to drop their franchises from the sales network. In a new development, GM has decided to reinstate about 600 of them without the need for arbitration. The [...]

Bankruptcy is not suitable as a do-it-yourself proposition. The bankruptcy laws have a lot of complex technicalities which explains why you need a skilled legal expert to guide you in a personal bankruptcy in Milwaukee or in any other localities in Wisconsin. Here are a few things to keep in mind in an initial consultation [...]

The Milwaukee Business Journal reports that an increasing number of southeastern Wisconsin real estate developers have been forced into a personal bankruptcy in Milwaukee because of Wisconsin bank foreclosures in the commercial sector. The story explains that "Developers typically provide personal guarantees on their commercial mortgages, which means banks eventually pursue the developers personally for [...]

Many of my Wisconsin bankruptcy clients want to know if the process will have a negative impact on their credit scores. Bankruptcy will not really hurt your credit if your credit rating is already not that great when you file. A better way to view it is that bankruptcy provides you with the opportunity to [...]

This blog has been following the case of the now-estranged husband and wife team of daycare providers who apparently hid income after filing a Chapter 7 bankruptcy in Milwaukee. In April, the husband was sentenced to six months in prison for filing false reports. Yesterday, the second shoe dropped, when a federal judge sentenced the [...]

Most people are surprised to find out that after two years of filing bankruptcy, you can actually restore your credit. You just want to make sure you do four different things. And these four things are quite simple. Always have health insurance and make sure that it never lapses. Always have auto insurance if you [...]

Shoud I feel guilty for filing Bankruptcy? When you file bankruptcy, you don't have to be ashamed anymore. The old stigma that used to be there many, many years ago is gone. Nowadays, it's actually used as a financial planning tool in order to restructure your debt and get on with your life. And in [...]

When my clients come in my office, they often worry about "will I lose my possessions?" And in bankruptcy you have exemption rules. Exemptions are things you get to keep when you file bankruptcy. In Wisconsin, we have a great state that has some fantastic exemption laws! So in almost all cases, my clients get [...]

When my clients are filing bankruptcy, they often ask if their employer is going to find out that they actually filed bankruptcy. I can often tell them that in almost all situations that they will not find out that my client has filed bankruptcy. There is no mechanism set up by the bankruptcy court to [...]

Bankruptcy is a sensitive subject and you need a bankruptcy lawyer who will treat the matter with the utmost confidentiality. Everyone's individual situation is unique and you should hire a lawyer who can provide customized solutions for your situation. Bankruptcy cannot be solved or addressed with a one-size-fits-all solution and you want a bankruptcy lawyer [...]

Many people with financial problems find themselves feeling hopeless and depressed. Perhaps you feel your financial situation is beyond debt help. You may blame yourself for being careless with your finances. Personal hardships, like divorce or even medical problems, have caused your financial situation, making bad debt one more hardship you have to face on [...]

Are you struggling with mounting debt? Perhaps you want to file for bankruptcy but you assume that you cannot afford it. You may be wondering how you will ever pay a lawyer if you cannot even pay your own bills. This is a real problem that thousands of Americans face every single day. If you [...]

Small businesses have been badly hurt by this down economy. Thousands of small business owners have to face the bankruptcy decision every single day. It can often be difficult to decide whether or not bankruptcy is the right move for your business. If you are a small business owner in Wisconsin who is considering filing [...]