Oct 10, 2018 | Blog, Chapter 11 Bankruptcy, Chapter 12 Bankruptcy, Chapter 13 Bankruptcy, Chapter 7 Bankruptcy, Credit & Credit Scores, General Bankruptcy
Yes, probably. Credit reporting agencies, like TransUnion, advise us that it is good to have a credit card, even a secured card, even if you do not use it. Doing so will increase your credit score. Having a credit card is also important if you are traveling or are...
Sep 21, 2018 | 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...
Aug 1, 2018 | Blog, Chapter 11 Bankruptcy, General Bankruptcy
Generally, no. Depending upon how the business is organized, you will likely inherit one of the following: Corporation Stock Limited Liability Company Membership Interest Sole...
Aug 21, 2017 | Blog, Chapter 11 Bankruptcy, Chapter 7 Bankruptcy, Foreclosure, General Bankruptcy
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”)...
Feb 26, 2016 | Blog, Business Debt, Chapter 11 Bankruptcy, Farm & Industrial, Financial Problems
The odds are, your small business won’t be around 5 years from now. About half of all the businesses that started this year will close their shutters within 5 years later. Why do all these businesses fail? Both studies and common knowledge suggest many reasons....