Foreclosure is one of the toughest challenges a homeowner can face. Across the United States, large foreclosure settlements have reshaped the way banks and lenders must treat borrowers. For Wisconsin residents, these changes bring new protections, relief opportunities, and lessons for the future. This article explains what the recent foreclosure settlement means, how it affects …
Filing for bankruptcy is never a decision people take lightly. When money is tight, it’s tempting to look for cheaper help, and that’s where bankruptcy petition preparers often step in. In Wisconsin, courts have been raising serious concerns about these services. Judges are making it clear that using petition preparers instead of licensed attorneys can …
The housing market often reflects the health of the broader economy. While overall foreclosure rates have trended downward in recent years, one surprising segment has bucked that trend: luxury homes. Properties worth one million dollars or more are experiencing rising foreclosure rates, and this shift is reshaping conversations about wealth, mortgages, and financial stability. Understanding …
The housing market in Wisconsin has always reflected broader national trends, but in recent years, mortgage delinquency rates have shown signs of concern. When a homeowner falls behind on mortgage payments, it does not immediately mean foreclosure, but it can signal financial stress that may lead to serious consequences if ignored. Understanding why delinquencies rise, …
Keeping a home during bankruptcy can feel overwhelming, especially when mortgage payments are unaffordable. In Wisconsin, the Mortgage Modification Mediation Program (MMMP) offers Chapter 13 debtors a court-supervised option to restructure their mortgage and potentially avoid foreclosure. This program runs through the U.S. Bankruptcy Court for the Eastern District of Wisconsin, provides an alternative to …