Financial problems can happen to anyone in Outagamie County whether it's a personal or business-related issue. One option that is often misunderstood, but is an acceptable way to get financial problems straightened out, is to file for Chapter 7 bankruptcy. Chapter 7...
Month: June 2014
Personal bankruptcy options explained: Chapter 7 & Chapter 13
In recent posts we have talked about options to consider before bankruptcy. In some cases, it may be a good idea to try negotiating with creditors to see if that is a viable solution to your financial problems. If it doesn’t work or simply isn’t possible, bankruptcy...
Is an inherited IRA safe in bankruptcy? Supreme Court says: no
There are a lot of myths about bankruptcy that make many people hesitant to pursue it as a solution to their financial problems. If the fears about bankruptcy could be summed up in a cartoonish image, it would be of a person being held upside down by his ankles and...
Let’s make a deal: Trying debt negotiation before bankruptcy
One of the most frustrating parts of being in debt is the harassment you might be subjected to from debt-collection agencies. There are laws governing how and when creditors can contact you as well as how they can and cannot seek to collect debts. That being said,...