It is not uncommon for someone to get divorced and go bankrupt all at the same time. Wisconsin is a marital property state which adds an extra layer of potential complication to this already difficult and stressful situation. Visit the website linked here to learn how to work through this tough time in life. Steinhilber… Continue reading How to Handle Bankruptcy and Divorce at the Same Time
Bankruptcy Terms: Defined
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!
Diagnosed With Debt
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/
Michael P. Richman Featured on “Ask the Experts”
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”
Bankruptcies Hit New Lows In 2021
Bankruptcies hit new lows in 2021, but not everyone isexperiencing an economic boom. If you are struggling with unmanageable debt itis important to seek the advice of an experienced bankruptcy attorney. Read more here.
How to Deal With the Emotional Toll of Bankruptcy
Dealing with debt is stressful. Follow the link below for stress-reduction tips and seek the advice of our experienced bankruptcy attorneys to learn more about your debt-relief options. https://www.nbcnews.com/better/lifestyle/7-tips-deal-debt-stress-ncna1094076
Times Are Hard For Creditors Too
You do not have to look too deep into the headlines to see that times are tough for many individuals, families and businesses. Individuals and families are declaring bankruptcy, Wisconsin is leading the nation in farm bankruptcies, and renters face eviction as the moratorium comes to a close. It is easy to lose sight of what this… Continue reading Times Are Hard For Creditors Too
Should I Try Debt Relief Alternatives Before Filing For Bankruptcy?
Business bankruptcies have been on the rise during the pandemic – even in places like Miami-Dade County in Florida where there were little to no restrictions on economic activity. If your business is struggling to stay in the black you are far from alone. If you are considering filing for bankruptcy or pursuing a loan restructuring to… Continue reading Should I Try Debt Relief Alternatives Before Filing For Bankruptcy?
Are You Ready to Stop Running in Place?
“We just need one good quarter, and we’ll be able to get caught up and turn things around.” “I just need one month without an unforeseen expense, and I’ll be able to get caught up on that bill.” No one wants to file for bankruptcy. No one wants to be struggling with debt in the… Continue reading Are You Ready to Stop Running in Place?
What will happen to my business if it enters bankruptcy?
This will depend on the unique circumstances of your businesses’ finances as well as your own personal goals as a business owner. Most businesses enter Chapter 11 bankruptcy with an eye to rehabilitating their finances by restructuring debts and assets. In many cases, businesses emerge in a stronger financial condition than before declaring bankruptcy. You… Continue reading What will happen to my business if it enters bankruptcy?