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?
Personal Finance Management and Chapter 13 Bankruptcy
Keeping track of spending habits and taking steps to control your finances could make a difference in how you cope with emergencies such as income reduction. When unforeseen and overwhelming circumstances arise, you might also consider obtaining relief through a Chapter 13 bankruptcy. If you reside in Wisconsin, you’re probably spending more on bills than… Continue reading Personal Finance Management and Chapter 13 Bankruptcy
Bankruptcy Can Be a Helpful Tool for Individuals
You’ve tried your best to get your finances under control and pay off debts, but financial and mental relief still elude you. There are many benefits of filing for Chapter 7 or Chapter 13 bankruptcy. Once you understand more about your options, it becomes clear how bankruptcy can benefit those in your situation. Chapter 7… Continue reading Bankruptcy Can Be a Helpful Tool for Individuals
Chapter 11 is Not the Only Answer
Chapter 11 bankruptcy springs to mind when thinking about remedies to resolve the financial issues of a struggling business, but it is not the only option available. It is important that businesses consider all of the options available for finding a path out of financial difficulties. The experienced Wisconsin debt-relief attorneys of Steinhilber Swanson LLP can help… Continue reading Chapter 11 is Not the Only Answer
Divorce and Bankruptcy: Which Should Come First?
Financial problems and the stress they generate are often directly tied to a couple deciding to get divorced. If you face bankruptcy and divorce, you may be wondering where to begin. The answer depends on several factors unique to your marriage, your finances, and your goals for the future. Reasons to File Bankruptcy Before Getting… Continue reading Divorce and Bankruptcy: Which Should Come First?