Category Archives for "Blog"

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

Pros and Cons of a 30 Year Mortgage

Blog

The pros and cons of a 30-year mortgage loan is a discussion I often have with my clients.  They are often shocked by the amount of interest they will pay over a span of 30 years.  My suggestion, though, is to get the longest possible amortization. The longer the amortization, the lower the required payment.  […]

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Dec 08

Holiday Spending and the Not So Friendly Math

Blog , Debt Collection

A 2014 report on holiday shopping plans and finances found that about 55% of the respondents reported that money was their main source of stress during the holiday season.  Despite this, more than half of those people planned to use their credit cards for holiday shopping, and they plan to spend about as much money […]

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Oct 10

GUEST BLOG: Christopher Columbus, a Risky Venture (by: Gary Krekeler)

Blog

Why did Christopher Columbus need financing from a government?  Simple, his plan was risky, too risky for any private individual that had the needed capitol.  He would also need the power that a government could supply to maintain control of lands and goods that he discovered. Christopher Columbus actually began looking for financing long before […]

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