Category Archives for "Blog"

Feb 22

New Tax Law May Help Distressed Farmers [A State Bar of Wisconsin Re-post]

Blog

A recent change in tax law may help more farmers survive tough financial times, although issues still remain. David Krekeler discusses the Additional Supplemental Appropriations for Disaster Relief Requirements Act 2017, and what it means for farmers facing bankruptcy. Jan. 17, 2018 — Contracting the size of the operation, or downsizing, is often a valuable […]

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Aug 21

My Land Contract was Foreclosed: Can I Save My Property?

Blog , FAQ

My land contract was foreclosed and the redemption period has ended. Can I still save my property? Land contracts are widely used in Wisconsin and provide the seller (usually called the “Vendor”) with various remedies if the Buyer (usually called the “Vendee”) defaults. The remedy most frequently resorted to is strict foreclosure.  In that type […]

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Aug 21

I Need a Credit Card For Work: Should I Keep Using It?

Blog , FAQ

Should I keep paying on my credit card accounts?  I need a credit card for work. Credit cards are almost a necessity these days.  If you don’t agree, try renting a car without one.  Many people need credit cards for their employment, for expenses which are later reimbursed.  Most people want at least one card […]

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Jul 14

Can a homeowner testify as to the value of the home?

Blog , FAQ

We often need to put on evidence about the value of assets.  We try to use experts, such as appraisers, auctioneers, or brokers.  But sometimes we just do not have an expert.   On occasion, the only testimony available is that of the owner.  Under Wisconsin law, owners are competent to testify as to the […]

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May 25

Are preference claims dischargeable in bankruptcy?

Blog

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

What Do I Do If My Business Has Financial Problems

Blog

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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