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Wisconsin Chapter 7 Bankruptcy Lawyers: Your Path to Debt Freedom

Chapter 7 Bankruptcy Lawyers

Struggling with credit card debt, medical bills, or wage garnishment? Our Wisconsin bankruptcy attorneys help you stop creditor harassment, protect key assets, and start fresh.

With over 20 years of experience, an A+ BBB rating, and thousands of successful cases, Debt Advisors Law Offices is trusted by clients throughout Milwaukee, Kenosha, Madison, Green Bay, Sheboygan, and Oshkosh.

Fill out our secure contact form to begin your recovery.

What Is Chapter 7 Bankruptcy?

Chapter 7 bankruptcy, also known as liquidation bankruptcy, allows individuals in Wisconsin to eliminate most unsecured debts—such as credit cards, personal loans, payday advances, and medical bills—without needing to repay them. It’s a legal process designed to give you a clean financial slate.

When you file for Chapter 7, an automatic stay goes into effect immediately. This legally halts creditor calls, wage garnishment, repossession efforts, and even foreclosure proceedings.

Benefits of Chapter 7 in Wisconsin

One of the biggest advantages is speed most Chapter 7 cases are completed within 90–120 days. Another is that you may keep essential assets due to Wisconsin’s generous bankruptcy exemptions, such as:

  • $75,000 homestead exemption (for your primary residence)
  • $4,000 vehicle equity exemption
  • Protection for retirement accounts and household goods

Chapter 7 is ideal for individuals with low income and high unsecured debt who are looking for fast, court-backed relief. If your situation doesn’t involve large secured debts (like a second mortgage or business loan), this path may be right for you.

Am I Eligible for Chapter 7 Bankruptcy in Wisconsin?

Not everyone qualifies for Chapter 7 bankruptcy. To determine eligibility, the courts apply a Means Test—a formula that compares your income to the median household income in Wisconsin.

The Means Test

If your gross monthly income is below Wisconsin’s current median income level, you likely qualify. As of 2024, the median income for a single filer is approximately $66,106 (check updated limits at U.S. DOJ Means Testing).

If you earn more, you may still qualify depending on your allowable expenses and total disposable income. Our team will help you calculate this accurately.

Quick Eligibility Checklist:

  • Is your household income under the median?
  • Are most of your debts unsecured (e.g., medical, credit cards)?
  • Have you avoided filing Chapter 7 in the past 8 years?
  • Are you struggling to meet basic monthly obligations?

Even if you’ve filed before, or have some secured debt, you may still qualify under certain conditions.

Not sure if you’re eligible? Our Milwaukee-based Chapter 7 lawyers offer free evaluations to determine your options with accuracy and privacy.

Chapter 7 Bankruptcy Process

Step-by-Step: The Chapter 7 Bankruptcy Process in Wisconsin

Filing for bankruptcy may sound complex, but with the right legal support, the process is efficient and manageable. Here’s how it typically unfolds for Wisconsin residents:

Step-by-Step Guide

  1. Credit Counseling: Complete a one-hour credit counseling course from an approved provider. Cost ranges from $16 to $50.
  2. File Your Petition: Your attorney submits a bankruptcy petition and schedules with the U.S. Bankruptcy Court for the Eastern or Western District of Wisconsin, depending on your location.
  3. Automatic Stay Begins: The moment your case is filed, creditors must stop all collection efforts, including wage garnishments and repossessions.
  4. 341 Meeting (Meeting of Creditors): Roughly 30 to 40 days after filing, you attend a short meeting with your court-appointed trustee. Your attorney from Debt Advisors will be present.
  5. Financial Management Course: Take a post-filing debtor education course (also 1–2 hours).
  6. Debt Discharge: Most cases receive a final discharge within 60–75 days after the 341 meeting—completing the process in about 90 to 120 days total.

We handle every step: preparing documents, court filings, deadlines, and representing you throughout. You’ll never have to face the process alone. Contact us now to get started today.

Wisconsin Bankruptcy Exemptions: What You Can Keep

One of the biggest misconceptions about Chapter 7 bankruptcy is that you’ll lose everything. In truth, Wisconsin’s exemption laws are designed to help you protect essential assets during bankruptcy.

Key Exemptions in Wisconsin

  • Homestead Exemption: Protects up to $75,000 of equity in your primary residence.
  • Motor Vehicle Exemption: Up to $4,000 of equity in one car.
  • Wildcard Exemption: $1,225 that can be used on any property of your choice.
  • Household Goods & Clothing: Reasonable value of personal items is protected.
  • Retirement Accounts: Most 401(k)s, IRAs, and pension plans are fully exempt.
  • Social Security & Public Benefits: Generally protected from creditors.

You may also choose federal exemptions if they better protect your assets. Our attorneys will guide you through which option provides the most coverage.

How We Protect Your Property

At Debt Advisors, we build your case around maximizing these exemptions. In most cases, clients keep their home, vehicle, and all essential possessions.

Worried about losing something important? Let us show you how we protect what matters.

Why Choose Debt Advisors for Chapter 7 Bankruptcy in Wisconsin?

When your financial future is on the line, experience matters. At Debt Advisors Law Offices, we’ve helped thousands of Wisconsin residents regain control of their lives through Chapter 7 bankruptcy.

Our Experience

For over 20 years, our firm has earned the trust of individuals and families throughout Milwaukee, Kenosha, Madison, Green Bay, and beyond. We hold an A+ rating from the Better Business Bureau, and have been voted “Best Bankruptcy Law Firm in Milwaukee” multiple times.

We understand how stressful this decision can be. That’s why we provide honest advice, transparent pricing, and responsive communication from start to finish.

With offices statewide and attorneys who know Wisconsin bankruptcy law inside and out, we’re uniquely positioned to help you succeed. Schedule your free consultation today and discover how we can help you start over.

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Serving Clients Across Wisconsin

Debt Advisors Law Offices proudly serves communities throughout the state. Whether you’re located near the city center or rural Wisconsin, we’re here to guide you through the Chapter 7 process with experience and compassion.

Find a Bankruptcy Attorney Near You:

  • Milwaukee: Our flagship location with over a decade of service. Conveniently located to serve city residents and the greater metro area.
  • Downtown Milwaukee: A central option for professionals, families, and business owners in the heart of the city.
  • Kenosha: Located near the Illinois border at 11th and 56th streets, close to the Dinosaur Discovery Museum. Ideal for clients facing cross-state financial issues.
  • Madison: Serving the state capital with deep knowledge of Wisconsin-specific bankruptcy rules and procedures.
  • Green Bay: Located near I-41 and Highway 44. We work with small businesses and families seeking financial restructuring.
  • Sheboygan: Minutes from I-43 and Lake Michigan, this office offers boutique-level attention in a coastal setting.
  • Oshkosh: Found at W. 6th Avenue and Oregon Street, near Crestwood Mini Storage. Dedicated to helping Fox Valley residents eliminate debt.

Looking for directions or appointment times? Find your nearest office

Chapter 7 Bankruptcy – Frequently Asked Questions

Will I lose my home if I file Chapter 7?

In most cases, no. Wisconsin’s homestead exemption protects up to $75,000 of home equity. If your equity is under that limit, your home is likely safe.

Can I keep my car in Chapter 7?

Yes—if your car equity is under $4,000, it can be protected through Wisconsin’s vehicle exemption. Our attorneys will review your situation to confirm.

How long does Chapter 7 bankruptcy take in Wisconsin?

The full process typically lasts 90 to 120 days from the date of filing to discharge. It’s one of the fastest paths to debt relief.

What debts are eliminated in Chapter 7?

You can discharge most unsecured debts—including credit card balances, medical bills, payday loans, and past utility bills. Some debts, like student loans and recent taxes, are typically not dischargeable.

Can I file with my spouse?

Yes. If you’re both facing debt, joint filing may help protect marital assets and simplify the process. We can review your joint eligibility.

How does Chapter 7 affect my credit score?

Chapter 7 stays on your credit report for up to 10 years. However, many people begin rebuilding credit within a year by paying bills on time and using secured credit cards.

Do I qualify for Chapter 7?

Eligibility depends on your income and household size. In 2024, the median income for a single filer in Wisconsin is approximately $66,106. We offer a free eligibility review to walk you through the means test.

How much does Chapter 7 cost?

Expect a court filing fee of $338 plus credit counseling and attorney fees. We offer payment plans to make the process affordable.

Debt Advisors Law Office

Take Control of Your Finances – Contact Debt Advisors Today

Don’t let debt define your future. Chapter 7 bankruptcy offers a clear path to eliminate burdensome debt and protect what matters most—your home, your car, and your peace of mind.

At Debt Advisors Law Offices, our experienced team will guide you through each step, helping you secure the financial relief you deserve.

Fill out our online form for a free consultation today.

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