Category Archives for "FAQ"

Feb 21

Questions to Ask Your Bankruptcy Attorney

Blog , Client Service , Declaring Bankruptcy , General Bankruptcy

David Krekeler reviews excellent questions for your bankruptcy attorney. I am reading Brandon Williams’ book, Millionaire Mindset.  Brandon was a UW Badger and NFL wide receiver who later went through financial adversity and emerged as a successful broadcaster and financial adviser. His book is written for athletes, providing them with guidance and principles to help them […]

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What to Expect from Creditors When You File

Declaring Bankruptcy , FAQ

Here is a list, alphabetically by creditor, of common actions the creditor will take. Associated Bank Will not make automatic withdrawal payments Will not mail monthly billing statements Online banking access will not be available during the bankruptcy. Credit cards will not be honored. Access to line of credit will cease. American Education Services (Student […]

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Sep 21

If I find employment prior to filing bankruptcy, or after I file bankruptcy, will this pose a problem?

Blog , Chapter 11 Bankruptcy , Chapter 13 Bankruptcy , Chapter 7 Bankruptcy , Employment in Bankruptcy , General Bankruptcy

No. We want our clients to be able to earn as much as possible and part of our job is to make sure any income you have is protected. The amount of income can affect your case, depending on the chapter you are filing under and the amount you are earning. In Chapter 7 consumer […]

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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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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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