Going through the legal process can be confusing, and the terms used can be even more confusing. If you are unsure of a legal term, contact our team using the link in our bio, or find the definition on the website link!
Increasingly more and more individuals and businesses are acquiring virtual assets and questions arise on how these assets will be treated in the context of a personal or commercial bankruptcy. Virtual assets are property of the bankruptcy estate under 11 U.S. C. § 541. The commencement of a bankruptcy case under section 301, 302, or 303… Continue reading Virtual Assets and Bankruptcy
Big or small, running a business takes work. Small companies struggle just as large ones do. Although there are ways you can set up a lifeline for your struggling small business. Click here to learn how.
Mortgage forbearance is an agreement between you and your lender to provide temporary relief from paying your mortgage for a specified time, either by lowering or pausing the payments. But beware – banks often prepare these using very one-sided terms and provisions, that may limit your options and put you in a worse position if… Continue reading All About Mortgage Forbearance Agreements
According to the Consumer Financial Protection Bureau, medical debt is the primary driver of consumer bankruptcies in America. https://www.wsaw.com/2022/04/21/diagnosed-with-debt-wisconsin/
We are proud to announce that our firm has earned the highest recognition in the 2023 edition of U.S. News – Best Lawyers® “Best Law Firms”. Our firm achieved a Tier 1 ranking – the highest possible “Best Lawyers” designation – in Bankruptcy and Creditor Debtor Rights/Insolvency and Reorganization Law in the Green Bay and Madison… Continue reading Steinhilber Swanson LLP Among 2023’s “Best Law Firms”
Are you facing a legal issue regarding bankruptcy? Facing it alone can cause you added stress on top of your daily life. You should consider hiring a Super Lawyer to defend you during these challenging times. How Does Someone Become a Super Lawyer? The selection process for the Super Lawyer title is rigorous. Attorneys statewide are assed… Continue reading The Super Lawyers of Steinhilber Swanson LLP.
Firm partner Michael P. Richman was featured on WalletHub’s “Ask the Experts”, answering frequently asked questions about bankruptcy and credit cards. The Q&A includes: What happens to a credit card that you get soon before filing bankruptcy? Can you get a credit card during bankruptcy? How do your credit card options change after bankruptcy proceedings… Continue reading Michael P. Richman Featured on “Ask the Experts”
Loan restructuring and refinancing are two completely different things. Restructuring refers to altering a pre-existing contract. Refinancing refers to when a borrower takes out a new loan that pays off and replaces the pre-existing loan. Follow this link to learn more.