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11
Dec
2023
Insights into Wisconsin’s Homestead Exemption

Insights into Wisconsin’s Homestead Exemption

Wisconsin’s Homestead Exemption offers a safety net for individuals facing bankruptcy. It allows homeowners to protect a portion of their home’s value from creditors. Specifically, it shie..

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04
Dec
2023
Emergency Savings: Establishing Financial Cushion Post-Bankruptcy

Emergency Savings: Establishing Financial Cushion Post-Bankruptcy

Most financial experts recommend an emergency savings fund covering three to six months of expenses. Starting small and building savings after bankruptcy is a practical approach to regaining financial..

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26
Nov
2023
Impact of Inheritance on Bankruptcy Proceedings

Impact of Inheritance on Bankruptcy Proceedings

When it comes to bankruptcy, the arrival of inherited assets can be a game-changer. This windfall might initially seem like a lifeline for those facing financial turmoil. However, it’s imperativ..

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18
Nov
2023
Bankruptcy and Military Members: What to Know

Bankruptcy and Military Members: What to Know

Presently, a significant portion of the population faces financial hardships monthly as the lingering impact of the economic downturn gradually recedes from sight. A few individuals in the United Stat..

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10
Nov
2023
Credit Report: Analyzing Post-Bankruptcy Changes

Credit Report: Analyzing Post-Bankruptcy Changes

Bankruptcy significantly affects a person’s credit score, often resulting in a noticeable drop. This decrease is because bankruptcy filings remain on credit reports for a considerable period. Fo..

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03
Nov
2023
Coping with Medical Debt: Bankruptcy and Other Alternatives

Coping with Medical Debt: Bankruptcy and Other Alternatives

A 2022 survey by the Kaiser Family Foundation has revealed between 2017 and 2022, over 50% of adults in the United States have been in debt due to medical or dental bills. Seventeen percent of adults ..

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30
Oct
2023
Rebuilding Financial Health Post-Bankruptcy: A Step-by-Step Guide

Rebuilding Financial Health Post-Bankruptcy: A Step-by-Step Guide

Inflation has affected the household budget of millions of Americans. According to the US Bureau of Labor Statistics, since April 2021, the price of groceries and rent have increased by 20%, and elect..

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23
Oct
2023
Navigating Bankruptcy as a Small Business Owner: Chapter 11 vs. Chapter 13

Navigating Bankruptcy as a Small Business Owner: Chapter 11 vs. Chapter 13

According to the data provider Epiq Bankruptcy, the number of small businesses filing for Chapter 11 bankruptcy increased by 13% between 2021 and 2022. Businesses like the Pleasant Prairie Corner Bake..

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