Non-bankruptcy alternatives do exist and should be considered before filing bankruptcy. In Wisconsin, Chapter 128 provides a non-bankruptcy option for those who may be successful at getting out of debt without filing bankruptcy. Debt Advisors bankruptcy attorneys arrange for your credit counseling, guide you through the means test & help you to file Wisconsin ch.128 if that option is best for you. Filing bankruptcy should only be used to in serious debt situations. Avoid the scams & gimmicks that are out there. If a non-bankruptcy alternative is best for you, an experienced bankruptcy attorney is still the most reliable, efficient & effective source for help.
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…
Credit Score and FICO Scores Explained The basics of personal finance include a general understanding of credit scores, FICO scores, and how the numbers may impact your life. Unfortunately, many folks don’t learn about the importance of credit scores until they are declined for credit. Here’s your chance to get ahead in the game. What is…
Some People Avoid Bankruptcy There may be legitimate reasons to avoid bankruptcy. However, many people each year hire a bankruptcy attorney to resolve and eliminate their overwhelming debt. Those clients often express the relief they feel in knowing that their debt will be handled as quickly and painlessly as possible. However, we’re not going to…
A Non-Bankruptcy Alternative You may think that this option is something new, but Chapter 128.21 has actually been around for decades. It is specific to the state of Wisconsin, an old state-law debtor action, and a non-bankruptcy alternative. It is confusing at first glance because it has a “bankruptcy sounding label.” To reaffirm, Wisconsin Ch.128…
