Attorney at Debt Advisors Law Offices

Practice Areas: Chapter 7 Bankruptcy, Chapter 13 Bankruptcy, Stop Foreclosure

In recent years, American homeowners have had to become ever more familiar with strategies to stop foreclosure and creditor harassment, especially families facing overwhelming medical bills or a loss of income due to unemployment. Many have taken action through loan modifications or refinancing to lower monthly payments and head off other debt problems.

The least they can expect is that a mortgage that they have put to rest by getting a lower interest home loan will no longer haunt them. But unfortunately, some Americans are suffering serious financial consequences due to wrongful foreclosures.

Reuters recently reported on a growing trend of foreclosure proceedings being initiated against Americans due to sloppy record keeping. Experts blame mortgage industry practices that rush paperwork, with paper trails becoming increasingly difficult to follow. Robosigners, forged documents and paper-pushing sweatshops are all part of the corner cutting measures that lined the pockets of some and are now inconveniencing plenty.

This may sound like a subplot in a bad Zombie movie, but the real world implications are dead serious. Borrowers who find themselves served with notice of a foreclosure that they know is a mistake may soon also experience other financial problems due to a trashed credit rating, not to mention the time and effort of unraveling the bank’s own mistake.

The problem isn’t limited to refinancing. Foreclosure actions have been mistakenly filed against those who long ago sold a house, or debtors who already paid off mortgages via a Chapter 13 bankruptcy repayment plan.

Navigating through these situations can be daunting; however, comprehensive resources like Debt Advisors provide insights into why some people avoid bankruptcy altogether. For more specific guidance, visiting the Milwaukee office of Debt Advisors can offer tailored advice and support. Additionally, for those grappling with educational loans, considering options for college graduates drowning in student loan debt might prove beneficial. Lastly, for those on the brink of eviction, learning how stopping eviction through bankruptcy can provide a ray of hope is essential.

If a financial notice smells fishy, don’t just sit back and endure the headaches. Stop creditor harassment by talking to our Wisconsin bankruptcy and debt relief attorneys.

Source: Reuters, “Old Mortgages Rise From the Dead, Haunt Homeowners,” Michelle Conlin, 1/26/12.

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