Chapter 7 Bankruptcy

Milwaukee Bankruptcy Lawyers


Your Legal Help for filing Chapter 7 Bankruptcy in Wisconsin: Bankruptcy Law Offices of Richard A. Check, S.C.

Chapter 7 of the Title 11 of the United States Code (Bankruptcy Code) is one of the most common ways of filing bankruptcy. It is also known as straight bankruptcy or liquidation (converting assets into money). A successful Chapter 7 filing in Wisconsin will wipe out most of your unsecured debts (medical and utility bills, credit cards, back rent, and other similar amounts owed) and allow you to keep most of your property with voluntary reaffirmation of your secured debts (estate mortgages, car loans, etc.). Filing Chapter 7 bankruptcy in Wisconsin will also stop your utility disconnection, wage garnishment, and small claims actions as well as prevent creditors from harassing you by phone and mail.

The global economic crisis has affected nearly every home. Finding yourself in a situation of financial distress is more common today than it was yesterday. You may have been evicted from your apartment, had your utilities cut off or faced endless harassment's by creditors about repossessing your property. You may have encountered such life-changing situations as death of a spouse, loss of job or unexpected serious illness, which has severely affected your financial position. Living with a heavy burden of debt can be highly stressful. Although it might be difficult to admit, there are times when filing personal bankruptcy is your best option.

In order to file Chapter 7 bankruptcy in Wisconsin, federal bankruptcy forms have to be filled out.

If someone chooses to file bankruptcy independently, they should be aware that they will be doing so without expert guidance. Additionally, they have to be ready for investigation of Chapter 7 bankruptcy laws in Wisconsin by yourself. There is also bankruptcy software available which saves you the work of filling out the forms and navigating through Wisconsin bankruptcy laws. However, it cannot ensure that you correctly presented the required information and would not inform you of the state exemptions applicable to your case.

Even the non-attorney petition preparer, a trained individual who prepares bankruptcy forms for the debtor, cannot guarantee compliance with all the applicable laws or make sure that you gain maximum advantage from exemptions. Only a professional bankruptcy lawyer can advise you regarding the best time to file, ensure that all the requirements are fulfilled in the proper manner, and guide you to take the maximum benefit of Wisconsin's state bankruptcy regulations.

A successful Chapter 7 Bankruptcy Attorney will give you the fresh financial start you are looking for. Chapter 7 bankruptcy is a quite complicated process, if you want to gain the maximum benefit from it. Due to the expanded requirements of the BAPCPA bankruptcy act of 2005, many lawyers, who used to practice bankruptcy in addition to their other fields, have stopped doing it. Do the filing the right way – call Bankruptcy Law Office of Richard A. Check, S.C. and enlist the best professional legal help! Our experienced bankruptcy lawyers have the expertise, knowledge, and skills you are looking for, because our focus is 100% on bankruptcy. Filing personal bankruptcy is not the end of the road – it is a beginning of a fresh start.

Milwaukee Location

757 N. Broadway
Suite 401
Milwaukee, WI 53202
(414) 223-0000
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