On behalf of Debt Advisors, S.C. The economy continues to sag under the weight of the continuing real estate crises. Too many borrowers remain underwater on their mortgage loans. Those borrowers are trapped, unable to refinance, obtain a mortgage modification or sell their homes. Working solutions have been few. The Home Affordable Modification Program (HAMP) …
Although the United States is now said to be out of the “Great Recession,” bankruptcy filings continue to rise nationwide. According to the U.S. Bankruptcy Court, “bankruptcy filings rose for the fourth consecutive year in 2010.” In fact, there was a 9.4 percent increase in national bankruptcy filings in the past year. Wisconsin filing rates …
Improperly Submitted Foreclosure Documents In Wisconsin, foreclosure filings fell in November to their lowest total in two years. With unemployment rates rising, this was a curious development. Analysts were quick to point out that this apparent good news masked the real reason for the decline. For the past few months, there have been revelations that …
Most people do not consider bankruptcy the best option-at first. But for many in Wisconsin, the debt elimination offered by Chapter 7 or the structured repayment plans offered by Chapter 13 can be a real life-saver. Even if you’re scared of bankruptcy due to old stereotypes, it’s good practice to get advice from the experts. …