When you file bankruptcy matters to the outcome of your case. Determining the best time to file bankruptcy is a big decision. One of the benefits of hiring a bankruptcy attorney, is that the bankruptcy attorneys can guide you towards the timing which will have the best outcome. Don’t let a problematic financial situation sit. If you wait too long to file bankruptcy there are more risks. The sooner you can get advice from a bankruptcy professional, the better off you will be.

Timing of Filing Bankruptcy Matters

When it comes to bankruptcy, timing is everything. Depending upon which bankruptcy has been filed previously, there’s a certain waiting period to follow.  Even if this is your first bankruptcy, there are many other different factors that play a role in this decision. Some folks may benefit by filing bankruptcy early in the year; others may wait until later in the year. Many have decided to file bankruptcy after tax returns have been received. A couple may want to file bankruptcy before a divorce is final. If you have a pending home foreclosure bankruptcy can save your home. In any situation, it’s important to seek legal advice right away.

Help During Desperate Situation

A Wisconsin resident called Debt Advisors at the last hour of losing their home. During the initial bankruptcy consultation, the homeowner shares important details about their desperate situation.  Debt Advisors attorneys and their bankruptcy team act quickly. Against the clock, a chapter 13 bankruptcy petition was filed. It immediately put a stop to the advancement of the foreclosure process. Less than 24 hours of the real estate taxing authority taking title of the client’s home, quick action saved it. Had this all taken place just one day later the home would be lost.

Quick Action Pays Off

Over the years Debt Advisors Law Offices has retrieved thousands of vehicles back to their owner. Given the right circumstances, lenders won’t hesitate to repossess the vehicle.  Don’t wait too long to try and negotiate with the creditor. Don’t run from the payments because they will eventually catch up. A petition to file bankruptcy must be done within 15 days of the repo. This was the case for a recent client who called Debt Advisors for help. The vehicle was taken by the lender due to loan payment default. The client didn’t fully realize the severity of the situation until the vehicle was gone. Desperate to get it back, a bankruptcy petition was filed about 10 days later. Just in time to return the car to the owner.

Need Help With Bankruptcy?

The experience and guidance offered by a Debt Advisors bankruptcy attorney is just a call away. If your in a time-sensitive situation, you should act quickly. Every state including has its own laws about home foreclosure, vehicle repossession and bankruptcy. Attorneys at Debt Advisors Law Offices are familiar with Wisconsin laws and experienced in helping people in your situation. When it’s down to the wire, the call you make to Debt Advisors Law Offices may be the single action that saves the day. Fill out the form on this website or call toll free at 888-660-5413 to make an appointment. Property and other assets will be discussed. If you have substantial debts coming up soon, they are a consideration as well. All options will be evaluated to determine the timing that will have the best outcome.

When dealing with financial challenges, understanding the intricacies of mortgage debt is crucial. Debt Advisors offers a wealth of resources to help you navigate these murky waters. For instance, if you’re worried about the implications of a federal interest rate hike, you should be aware of how it could lead to more foreclosures. It’s also essential to understand the available options if you face mortgage delinquencies in Wisconsin. With the recent regulatory changes aimed at reducing foreclosure threats, having a knowledgeable partner by your side can make all the difference.

Learn about bankruptcy protections, types of bankruptcy, how to get started, what to expect, and who to trust. Filing bankruptcy is the ONLY way to completely eliminate debt. If bankruptcy is right for you, it offers powerful protections that cannot be achieved through alternative solutions such as hardship relief, loans, or debt settlement.

  • Exceptional service. The entire team was friendly and knowledgeable. The attorney took his time to walk me through step by step. I will recommend this law office to anyone!

    J Burks

  • I went through Debt Advisors as a referral by a friend. I am very happy I did so. The staff that I worked with were very helpful and showed a high level of professionalism. They were always able to answer any questions that I had. I was very happy with the attorney that I worked with, Michael Georg. Very professional.

    Terri Grote

  • Attorney Chad Schomburg and Debt Advisors helped me with my debt about three years ago. Chad explained the process to me and answered any questions I had, and the assistants compiled my documentation very efficiently while keeping my case moving forward. They were always available when I needed them, and even years later, I’m able to reach out to them, and they are willing to help. They have turned my life around 100%, and I could not have done it without them! Absolutely recommended!

    Tim Harris

  • They were there for my family from day 1 until the end, 5 years later (Ch. 13). Whenever I had questions or concerns they were always very responsive and gave me excellent advice. Michael and Jeremy are both exceptional bankruptcy attorneys. I highly recommend Debt Advisors.

    Steve

  • After I had to go on disability, I used my credit cards a lot more thinking I could pay them off when I was able to go back to work. That didn’t happen and I found myself so much worse off than I could handle. I went to Debt Advisors feeling terrible about what I had to do. Chad and everyone there were very understanding and put my mind at ease while taking such great care of me. They were there every step of the way and supported me when I was “freaking out”!! Every time I needed to contact them; their response time was amazing!! God forbid I ever need to go through this again, but I know where to turn if I need help! Debt Advisors are more than just filing bankruptcy on my behalf. They really care about what you are going through!! Thank you, Chad, Jeremy, Mike, and everyone at Debt Advisors!! I cannot tell you enough how much I appreciate all of you!! J Hammond

    Steve

  • After I had to go on disability, I used my credit cards a lot more thinking I could pay them off when I was able to go back to work. That didn’t happen and I found myself so much worse off than I could handle. I went to Debt Advisors feeling terrible about what I had to do. Chad and everyone there were very understanding and put my mind at ease while taking such great care of me. They were there every step of the way and supported me when I was “freaking out”!! Every time I needed to contact them; their response time was amazing!! God forbid I ever need to go through this again, but I know where to turn if I need help! Debt Advisors are more than just filing bankruptcy on my behalf. They really care about what you are going through!! Thank you, Chad, Jeremy, Mike, and everyone at Debt Advisors!! I cannot tell you enough how much I appreciate all of you!! J Hammond

    J Hammond

  • Chad Schomburg and his Staff did a phenomenal job for me and in an expeditious manner. I’ve recommend countless clients to Chad Schomburg, Wow!!! Outstanding customer service from the Schomburg office:)

    Lisa Williamson