Oct 20, 2021 | Bankruptcy, Chapter 11 Bankruptcy, Chapter 12 Bankruptcy, Chapter 13 Bankruptcy, Chapter 7 Bankruptcy, Declaring Bankruptcy, Divorce & Bankruptcy, Family issues, Financial Problems, General Bankruptcy
Attorney Christine Wolk joined our firm recently, bringing over twenty-five years of experience in bankruptcy law. Chris has been acknowledged as a leader by her peers. A past chair of the Bankruptcy, Insolvency and Creditor Rights (BICR) Section of the State Bar of...
Oct 14, 2021 | Bankruptcy, Chapter 11 Bankruptcy, Sub V
Congress does not get very much right, but its enactment of the Small Business Reorganization Act (SBRA) is one success it can take credit for. We have written before about how and why we perceive Subchapter V of Chapter 11 to be a boon for business. See our January...
Sep 8, 2021 | Bankruptcy, Chapter 13 Bankruptcy, Chapter 7 Bankruptcy, Tax Issues
If you want to keep the property, you will ultimately have to pay the real estate taxes. Unpaid real estate taxes in Wisconsin become a first and paramount lien upon the property of which those taxes are assessed. If not paid, the County will ultimately take the...
Sep 2, 2021 | Bankruptcy, Chapter 13 Bankruptcy, Declaring Bankruptcy, FAQ, General Bankruptcy
Chapter 13 is not usually the first choice for those who need to file bankruptcy. Chapter 7 is, and as a result the most popular form of bankruptcy. Chapter 7 is the fastest, easiest, and least expensive form of bankruptcy. Chapter 13 if often used by people who for...
Aug 11, 2021 | Bankruptcy, Chapter 7 Bankruptcy, Consumer Law Issues, Financial Problems, General Bankruptcy, Student Loans
The American Bankruptcy Institute has encouraged Congress to reform the way student loans are dealt with in bankruptcy. Since the Bankruptcy Code was enacted in 1978, several amendments have made it more and more difficult to discharge student loans. Now our country...
Aug 6, 2021 | Bankruptcy, Credit & Credit Scores, FAQ
Many of my clients ask me if they will be able to have credit cards following a bankruptcy. My answer is always “yes.” This week several of our clients who had filed bankruptcy received pre-qualification offers for a Capital One credit card account. The account...
