Due to the debt problems caused by COVID-19, household debts such as car notes, mortgages, credit cards, and medical bills have been proving more difficult to repay. Therefore, Wisconsin residents are facing “insolvency” at a higher pace.  We understand that “insolvent” is not a term that clients often use. However, because it may arise during…

Read More

“Should I file bankruptcy during COVID?” We can say with confidence, that the longer creditors are on your back, the more debt increases, then the more stressful your situation becomes, and ultimately, the more difficult the problem is to resolve.  Don’t wait to file bankruptcy. The full financial impact of the current pandemic could last…

Read More

According to an August 2020 report from Credit Karma, medical debt has grown nearly 10% since 4Q 2019. COVID-19 medical bills contribute greatly to the increase. A quarter of that new debt is related to hospitalization, and to our elderly population who live on fixed incomes. Bankruptcy For Medical Debt Medical debt has long been…

Read More

Shady Debt Collectors Debt collectors are known to employ some shady tactics. From verbal intimidation over the phone, to mailing documents that look like official court papers and more. Debt collection agencies purchase old debt for much less than it’s original value. The sooner they can get paid, the better. This is why not all…

Read More

Bankruptcy reviews are especially helpful to someone who is considering bankruptcy. The law firm chosen to represent you in bankruptcy is very important. Thankfully, clients have been generous to share their experiences working with Wisconsin Debt Advisors. Why Debt Advisors? At Debt Advisors Law Offices, we offer debt advice and debt solutions, including but not…

Read More

Debt Advisors Law Offices is proud to share personal bankruptcy stories and reviews from REAL clients in Wisconsin. Wonder why people have been so willing to post details about their experiences? We believe that it’s due to the fact that our team at Debt Advisors Law Offices is exceptional. Our mission is not only to…

Read More

This year, largely due to COVID-19, scams are on the rise across the nation, including Wisconsin. The pandemic has put many people out of work, creating a new opportunity for scammers to pose as unemployment agencies, banks offering grants, or payday lenders. As consumers work hard to stay out of debt and contain the virus,…

Read More

Debt Settlement Debt settlement allows you to pay a lump sum that’s typically less than the amount you owe, or settle, the debt.  This may sound appealing at first and for some this will end resolving their debt problems.  However, debt settlement can be risky.  Specifically, the creditor will likely issue a 1099 to the…

Read More

Bill collectors and banks can seize your stimulus money to pay for outstanding debts. Filing bankruptcy can protect your stimulus money, your home, and other important assets during these difficult times. COVID-19 has already placed some extraordinary financial hardships on people. Job loss and unemployment have reached record numbers in Wisconsin. Therefore, protecting your stimulus…

Read More

Subprime loans may cost you more in the long run. This is because they’re offered to people to do not qualify for a conventional loan either because of a high loan to value ratio or poor credit history. For lenders, subprime loans are more risky than prime loans, but often, that is all the borrower…

Read More