PLEASE NOTE: To protect your safety in response to the threats of COVID-19, we are offering our clients the ability to meet with us via telephone or video conferencing. Please call our office to discuss your options.

What Bankruptcy Will Do

The biggest surprise to most consumers is regarding all the things that bankruptcy will do. For example, bankruptcy can:

          • Offer short-term & long-term solutions
          • Stop creditor harassment
          • Refer all of your collection calls to our office
          • Save your home from foreclosure
          • Save your car from repossession
          • Completely eliminate debts: credit cards, medical bills, utilities bills, unsecured loans, payday loans & most other types of debt.
          • Allow you to keep most important assets
          • Turn your life around for the better
          • Begin with a free consult with an attorney
          • Get started with as little as $100 down

            Bankruptcy Quick Facts

            The first step towards understanding what bankruptcy can do, is to determine whether Chapter 7 or Chapter 13 bankruptcy is right for you. Each type of bankruptcy has unique requirements and offerings:
             
            Quick Facts About Ch.7 Bankruptcy  
             
            Chapter seven is a liquidation bankruptcy. A Chapter 7 can eliminate debt almost completely. (i.e. credit card debts, installment loans, payday loans, medical bills and most other unsecured debts.) Once these major debts are eliminated, other debts like student loans can then be easily paid off. In most cases, consumers will keep all of their property in a Chapter 7 bankruptcy. Credit can begin to rebuild after debt has been eliminated in chapter 7 bankruptcy.
             
            Quick Facts About Ch.13 Bankruptcy
             
            Chapter 13 bankruptcy is an interest-free repayment plan where you can repay your secured debts, like car payments and delinquent mortgage payments. You can use Chapter 13 bankruptcy protection to liquidate many of your debts, set up a reasonable debt repayment plan, and get a fresh financial start. Repayment plans are designed to work for you and your creditors.In order to file a Chapter 13 consolidation, . You must have a regular source of income, you must have enough money to meet your basic living expenses, and you must agree to the Chapter 13 plan payment.
             
            Each bankruptcy type offers something unique. In a nutshell, Chapter 7 eliminates consumer debt, whereas Chapter 13 restructures your debt through a manageable repayment plan over three to five years.  Laws are always changing and each person has a unique set of financial circumstances to consider into the equation. Your Debt Advisors bankruptcy attorney will need to ask some key questions about your financial history and current situation before a recommendation can be made.  As we review your financial situation, we will discuss bankruptcy protection and your personal property, and about how you can get off to a fresh start.

            First Step To Conquer Debt

            Many people think that contacting a bankruptcy lawyer is the last thing they should do. On the contrary,talking to us is the first thing you should do. Once you hire Debt Advisors, the power of bankruptcy protection means that you can begin to refer your creditors to our office. You can tell your creditors and debt collectors that you have hired an attorney, give them our phone number and tell them to call your attorney to confirm representation. Chad and Mike can advise you of your rights under the Fair Debt Collections Practice Act and the Wisconsin Consumer Act. We are not just upfront about what bankruptcy will do, but we’re also going to let you know what bankruptcy will not do.

Reviews by Google Users

  • review rating 5  My experience with Debt Advisors was truly a blessing in disguise. My wife and I were truly elated to be a part of a first time home buyer program with a well known state agency. This however turned out to be a nightmare We were one of the many who, during the Bush years ended up getting locked into a merciless ,ever increasing mortgage that was supposed to have a fixed rate. After countless attempts to try for modification or refinancing we soon found out the state agency didn't allow for such recourse. We felt the weight of the world was on our shoulders. That was when we decided to try Debt Advisors. Their attorneys were very knowledgeable and assuring. They were a great help in lifting what was a grievous burden. I would recommend their services to anyone.

    thumb anthony mosley
  • review rating 5  I filed a chapter 7 bankruptcy at Debt Advisors with Attorney Janice Nabke and the entire experience was nowhere near as stressful as I was worried about thanks to Janice who was very caring and dedicated to doing everything she could to make the whole process as simple as possible. Janice is very experienced with Bankruptcy cases and knew every correct step to take and was very detailed in explaining everything that I needed to prepare for and what to expect from beginning to end but what really stood out to me was how nice she was with a great personality so I would like to thank her for all of the hard work she put fourth and would highly recommend her to anybody seeking bankruptcy assistance. I would like to make special mention to Holly Mclure Larson who helped me out more than I could possibly imagine and went far above and beyond my highest hopes and expectations after I was still facing harassment and threats from a VERY aggressive Collection Agency trying to collect on the discharged debt and due to the very gracious help from Holly who is FANTASTIC I feel so much better and cannot thank her and the entire team at Debt Advisors enough.

    thumb alex avila
  • review rating 5  Debt Advisors is a wonderful company and I highly recommend them. Attorney Mike Georg has been so easy to work with and extremely helpful and kind throughout the process. Other amazingly helpful and caring staff I worked with were Holly, Julie and Jess. Thank you all!

    thumb Mary Jean
  • review rating 5  Awesome services, I went there feeling impending doom, and left with certainty that someone cares. Michael Georg was friendly and helpful informing me on what is best for my family.

    thumb Charles Sutton
  • review rating 5  My experience with Debt Advisors was wonderful, Michael Georg and his staff are very respectful, helpful and knowledgeable about the steps that need to be taken in your case. My case was simple but challenging for me but they made sure that I didn’t panic and they were able to resolve my case in a very quick and timely manner. I appreciate the time and consideration that they took with my case. Would highly recommend

    thumb Bradley Harrison
  • review rating 5  Debt Advisors is a Top notch law firm!! I was an emotional mess. Lawyer Michael Georg was so compassionate & understanding. He reassured me everything was going to be okay. He explained everything step by step. The cost was very reasonable & he works with you! He's the Best!! The ladies in the office were very sweet, also! I couldn't have found a better place to take care of me. Totally put my mind at ease. HIGHLY RECOMMENDED!!!!! You won't be disappointed!

    thumb Lauri Z
  • review rating 5  Excellent customer service and staff. Got back to me in a timely manner regarding any questions I had. Made filing bankruptcy easy and pain free.

    thumb Amanda Marie Holterman
  • review rating 5  I had an awesome experience with the entire team at Debt Advisors(D.A.). They made a very stressful and complicated situation very easy. When going into this I thought this process was going to be very long and stressful as I did not know what to fully expect. From my very first meeting to my last I had nothing but an easy and pleasant process. Every one was so knowledgeable and helpful! I could not have asked for a better team to assist me in my time of need. Sending a very big Thank you to all the staff at D.A. you guys are amazing.

    thumb Cecilia Brito
  • review rating 5  Debt Advisors Law Offices rock! I went into bankruptcy not knowing what to expect but Mr. Pietrek who represented me put my mind at ease. Mr. Pietrek answered all of my question in-person and on the phone. I never felt uncomfortable or embarrassed. The amount of money I had to pay was like half the amount I would have had to pay going through ay other firm. If for some reason I had to go through bankruptcy again there would be no one else I would use. Good people good prices great services.

    thumb CJ M
  • review rating 5  I am so grateful for the Debit Advisors in assisting me to get my life back on track. I have great respect for them. Debit Advisors has integrity! I was in a very difficult situation and they guided me through. They were honest with me about what I could and could not do, what is allowable and not allowable, they got bill collectors off my back and they replied back to me in a timely manner when I had questions. As long as I did my part in the process, they more than did their part.

    thumb Kathy Carter

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