Bankruptcy Advice

12
Sep
2023
Your Legal Rights During the Debt Collection Process

Your Legal Rights During the Debt Collection Process

In August 2021, about 64 million people with a credit record (approximately  28% of Americans) had debt in collections on their credit report. Although the experience of debt collection is not unusua..

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03
Sep
2023
Utilizing Bankruptcy to Stop Eviction: A Guide

Utilizing Bankruptcy to Stop Eviction: A Guide

As of August this year, there have been 25,019 eviction filings in the state of Wisconsin, and trending to reach pre-pandemic levels. The end of emergency rental programs in the state and the increase..

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29
Aug
2023
How to Handle Bankruptcy and Alimony

How to Handle Bankruptcy and Alimony

According to a recent study, Wisconsin Rapids is the divorce capital of Wisconsin, with divorced people comprising 19.1% of the town’s residents. A significant increase over the statewide divorced p..

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20
Aug
2023
Navigating the Bankruptcy Process: What to Expect in a 341 Meeting

Navigating the Bankruptcy Process: What to Expect in a 341 Meeting

In a report published by the Federal Reserve Bank of New York, the most common household debts in the United States include mortgages, auto loans, and credit cards. Some debts can be discharged throug..

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13
Aug
2023
Bankruptcy and Rental Property: What Landlords and Tenants Should Know

Bankruptcy and Rental Property: What Landlords and Tenants Should Know

Rent prices are climbing across the United States in every type of rental housing. Wisconsin is experiencing an even more dramatic rise, with increases as much as 25% since 2021. In contrast, annual r..

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04
Aug
2023
The Impact of Bankruptcy on Your Credit Report: A Timeline

The Impact of Bankruptcy on Your Credit Report: A Timeline

Wisconsin residents have the second highest average credit score in the United States at 735 – well above the national average of 716. However, for some individuals and business, reorganizing th..

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28
Jul
2023
How to Rebuild Your Credit Score After Bankruptcy

How to Rebuild Your Credit Score After Bankruptcy

According to Redfin, in order to successfully rent an apartment, potential renters will need a credit score between 597 and 669 for  landlords to accept their application. With something as fundament..

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13
Jul
2023
How Bankruptcy Can Offer a Fresh Start to Veterans

How Bankruptcy Can Offer a Fresh Start to Veterans

National Veterans Homeless Support reports some alarming statistics about the financial status of American veterans – returning service members are more likely to be homeless than the general po..

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05
Jul
2023
Bankruptcy: Understanding Automatic Stays and Creditor Harassment

Bankruptcy: Understanding Automatic Stays and Creditor Harassment

According to the Fair Debt Collection Practices Act, creditors are forbidden to engage in certain behaviors, such as  1) lying about working for a government agency,  2) threatening to have the debt..

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23
Jun
2023
How Bankruptcy Can Impact Your Future Credit

How Bankruptcy Can Impact Your Future Credit

Wisconsonites have an average credit score of 714 out of 800 – placing most residents of the state in good standing for borrowing. Credit scores influence a variety of factors beyond merely the ..

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