Recent Posts in Bankruptcy Category

  • Tips on Protecting Your Identity

    Last month’s shocking security breach at Equifax compromised the identity of approximately 143 million consumers, causing private information such as social security numbers, birth dates and account numbers to be leaked. This news has left millions scrambling to protect their credit and identity. Remember, when monitoring your credit, it is important to check all 3 major credit bureaus: Trans ...
    Continue Reading
  • Common Misconceptions About Bankruptcy

    If you are drowning in credit card debt or struggling to make your monthly payments you may be weighing your debt relief options. Bankruptcy is often the best option for many, but unfortunately some read bad information or get bad advice and decide against it. There are many misconceptions and myths when it comes to bankruptcy. MYTH #1: If I file bankruptcy I will lose assets. Many think they will ...
    Continue Reading
  • Treatment of Unsecured And Secured Debts In Bankruptcy

    Unsecured debts Unsecured debts are not backed by collateral. That is, the creditor is not given a lien on anything you own. If the loan is not paid, the creditor may be free to pursue a judgment against you; however, they will be unable to take or repossess anything you own. Credit cards, medical bills and most payday loans are examples of unsecured debts. Interest rates on unsecured loans are ...
    Continue Reading
  • Exploring Section 128 As An Alternative To Bankruptcy

    A Wisconsin State Statute called Section 128 is a popular non-bankruptcy debt relief option. It allows Wisconsin citizens to consolidate their debts into one low monthly payment they can afford and gives them three years to pay it off. Because Section 128 does not involve bankruptcy, it is an attractive option for many. Although Section 128 is not a bankruptcy and will not be reported on your ...
    Continue Reading
Page 1 of 1