Many people come face to face with prospect of declaring bankruptcy because of a health crisis. Despite recent changes in health care policy, American households continue to struggle with medical debt. Americans are putting more of their take-home pay toward medical costs than ever before and, oftentimes, having to neglect other obligations. Let’s face it… Read More »
Wisconsin Military Members Considering Bankruptcy
The men and women serving in the US Army, Marines or other branches of the U.S. Armed Forces sometimes face financial difficulties leading them to consider filing for bankruptcy. After weighing the pros and cons with regard to their military service, members who elect to file for bankruptcy are subject to special rules enacted by… Read More »
Difference Between Chapter 7 and Chapter 13 Bankruptcy Wisconsin
Many people face unexpected financial problems in their lifetimes. If you cannot repay your debts to creditors, you may have to consider filing for bankruptcy. Most bankruptcies filed in the U.S. are either Chapter 7 or Chapter 13. The difference between the two generally boils down to your income, assets, debts and what you are… Read More »