With the economy of Wisconsin, and the United States as a whole, improving in the past couple of years, many people have been able to get control of their financial problems to an extent. However, there still remain others who have not been able to cope with the...
Month: August 2014
How can student debt default be prevented?
Many students in Wisconsin, and the rest of the nation, finance their educations with a student loan. However, after graduating into the workforce, many are left without a job, or a job that pays less than they had expected. Because of this and other reasons, student...
Advantages and disadvantages of Chapter 7 bankruptcy
Declaring bankruptcy is typically the last step for a business, made only after all other means of restructuring finances have been proven futile. There may be various options for a corporation under various provisions of the law to file for bankruptcy. Under Chapter...
Advantages and disadvantages of Chapter 13 bankruptcy
A Wisconsin resident may easily agree that filing for bankruptcy is an important decision that could affect one's self-image and one's personal financial status. Various provisions are made under the law for filing for bankruptcy in the United States. Under Chapter 13...
New methods for protecting homes against asset forfeiture
Asset forfeiture refers to any form of relinquishing assets, whether property or money, due to a breach or failure to perform a legal obligation. Relinquishing assets, in some cases, is ordered by the court. Asset forfeiture is not uncommon in a divorce situation,...