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 Relief Chapter 13 bankruptcy is used as a debt relief repayment plan. You must pre-qualify for this plan. If you qualify, then all debt is accounted for and broken down. A supervised repayment plan is put in place with priority debts paid first. The Chapter 13 repayment plan is typically spread over three to…
A Non-Bankruptcy Alternative You may think that this option is something new, but Chapter 128.21, (a non-bankruptcy alternative), 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…
