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
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 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
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?
At Steinhilber Swanson LLP, we have decades of experience working with consumers and creditors in all types of bankruptcy proceedings in Wisconsin. We understand the complexity of the bankruptcy code, the intricate rules of the process and the cases that have laid the foundational precedents in this complex area of practice. We are more than… Continue reading Sharing Our Knowledge and Credibility on Wisconsin Bankruptcies
Throughout the pandemic, there has been a national ban on evictions. However, the Supreme Court struck down the current version of the ban in a decision last week, which sets the stage for evictions to resume. Hundreds of thousands of tenants owe back rent (rent arrearages) to their landlords, and may be facing eviction soon, with the… Continue reading How Can Bankruptcy Help During Eviction?
When a debtor in Oshkosh, Wisconsin, sees no way out of their debt, they may be able to get relief through bankruptcy. Student loans follow close behind mortgages as the highest consumer debt, and debtors commonly have concerns about discharging this kind of debt. While it isn’t impossible to get student loans dismissed, it can… Continue reading Discharging student loans in bankruptcy
Chapter 11 bankruptcy can grant a business debtor a financial fresh start. It allows a debtor to reorganize their business affairs, while their business remains operating. A plan of reorganization is designed by your lawyers, and confirmed by the Court, to provide for the treatment of different claims and creditors over time, facilitating a restructuring… Continue reading Chapter 11 Bankruptcy in Wisconsin
A Wisconsin company that is struggling financially might opt to file for a Chapter 11 bankruptcy. This allows for debt restructuring so that the business can potentially survive. The company continues to operate and is known as a “debtor in possession.” Debtor in possession The process of going through a Chapter 11 bankruptcy is a… Continue reading Becoming a debtor in possession in a bankruptcy
If you’ve taken on more debt than you can handle and it seems like there’s no end in sight, you may want to consider filing for bankruptcy. In the state of Wisconsin, there are different types of bankruptcy that a person can file for. One of the most commonly filed forms of bankruptcy is Chapter… Continue reading Understanding Chapter 7 bankruptcy