Jul 14

How can I discharge the divorce court order that I pay my ex-spouse’s attorney fees?

Blog , Divorce & Bankruptcy , Divorce & Bankruptcy

The answer depends upon a number of factors.  We know that you cannot discharge any debts arising from a divorce except under Chapter 13.  Using that chapter, a debtor may discharge debts which are not domestic support obligations (DSOs).  Domestic support obligations, generally speaking, are debts which are in the nature of alimony, maintenance, or […]

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May 25

Are preference claims dischargeable in bankruptcy?

Blog , Chapter 7 Bankruptcy

Are preference claims dischargeable in bankruptcy? Within the past week, two different people, a lawyer and a client, have asked whether filing bankruptcy will discharge the claim of a bankruptcy trustee for recovery of a preference.  The answer is yes. One of the powers a bankruptcy trustee has is to recover preferences.  Preferences are payments […]

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Apr 24

Guest Blog

Blog

CONSUMER ALPHABET SOUP:  CROA by Arin E. Berkson   When mistakes appear on a credit report, individuals may be tempted to hire a credit repair organization (CRO) to represent them in the credit repair process to save the time and effort of disputing incorrect credit report information on their own. While legitimate CROs exist, repeated […]

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Mar 17

Utility Moratorium

Blog , Chapter 128 , General Bankruptcy

  April 15th is an important time of year.  Income taxes are due by April 15th.  Leonardo Da Vinci was born on April 15th.  But the reason we want to bring this to your attention is because April 15th was the last date of the energy shutoff moratorium in Wisconsin. As long as you have […]

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Mar 17

What Do I Do If My Business Has Financial Problems

Blog , Business Debt , Chapter 12 Bankruptcy , Chapter 13 Bankruptcy , Declaring Bankruptcy , Financial Problems , General Bankruptcy

One of the least asked questions startup entrepreneurs ask themselves is, “What will I do if the business has financial problems?”  There are lots of seminars and courses that talk about business plans, marketing, operations, and accounts receivable management, but rarely do these seminars or courses address how the entrepreneur should deal with financial difficulties.  […]

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