People making decisions about bankruptcy often feel like the deck is stacked against them. Bill collectors and debt holders are trained to make people think that the more money they owe, the less power they have. With 23 years of legal representation, Milwaukee bankruptcy lawyer Michael Burr and the experts at Burr Law Office know better. Affordable bankruptcy and debt solutions with monthly payment plans starting with as little as $100 down.
Chapter 7 bankruptcy is designed to get rid of your unsecured debt, such as medical bills, credit card bills, and garnishments, while protecting your personal property including your home and car. To be eligible for Chapter 7, you must have little or no disposable income available. Thus Chapter 7 bankruptcy is usually for lower-income earners, with few assets, who want to get rid of their debts and get a fresh start.
Chapter 13 bankruptcy allows you to keep all of your property. Unlike Chapter 7 bankruptcy, Chapter 13 is a reorganization bankruptcy designed for individuals with regular income who can pay back their debts through a monthly repayment plan over 3 to 5 years.
Chapter 7 bankruptcy is designed to get rid of your unsecured debt, such as medical bills, credit card bills, and garnishments, while protecting your personal property including your home and car. To be eligible for Chapter 7, you must have little or no disposable income available. Thus Chapter 7 bankruptcy is usually for lower-income earners, with few assets, who want to get rid of their debts and get a fresh start.
Chapter 13 bankruptcy allows you to keep all of your property. Unlike Chapter 7 bankruptcy, Chapter 13 is a reorganization bankruptcy designed for individuals with regular income who can pay back their debts through a monthly repayment plan over 3 to 5 years.
Services
Wisconsin Attorney Michael Burr knows that bankruptcy lawyers have a unique ability to help people establish a new future for themselves and their families - it's why he's so passionate about the bankruptcy process and the protections it offers individuals and families.
He is actively involved in each and every case, personally ensuring that clients have the information and options they need to go forward with confidence.
Though there are many local bankruptcy attorneys, Attorney Burr stands out by helping clients focus on the positive results that are on the other side of this tough time.
He is actively involved in each and every case, personally ensuring that clients have the information and options they need to go forward with confidence.
Though there are many local bankruptcy attorneys, Attorney Burr stands out by helping clients focus on the positive results that are on the other side of this tough time.
The word "bankruptcy" refers to the legal process that relieves individuals and organizations from their debts.
Bankruptcy is overseen by a federal court.
During bankruptcy, the court oversees not only the elimination or restructuring of debt, but also ensures that secured creditors' rights are preserved and the claims of unsecured creditors are treated equally.
Chapter 7: also known as "straight" or "liquidation" bankruptcy, is the most common form.
Chapter 7 helps debtors with limited means by discharging most or all debts.
Bankruptcy is overseen by a federal court.
During bankruptcy, the court oversees not only the elimination or restructuring of debt, but also ensures that secured creditors' rights are preserved and the claims of unsecured creditors are treated equally.
Chapter 7: also known as "straight" or "liquidation" bankruptcy, is the most common form.
Chapter 7 helps debtors with limited means by discharging most or all debts.
Having your vehicle repossessed is, without a doubt, a scary and stressful situation for anyone to face.
After all, if you lose your vehicle, how will you get to work?
How will you provide for your family?
How will a repossession affect your credit and, ultimately, your financial future?
If your vehicle is repossessed due to missed payments, you might be wondering if you can reclaim ownership by filing for bankruptcy.
In most cases, the answer is yes - filing for bankruptcy can help you get your vehicle back.
After all, if you lose your vehicle, how will you get to work?
How will you provide for your family?
How will a repossession affect your credit and, ultimately, your financial future?
If your vehicle is repossessed due to missed payments, you might be wondering if you can reclaim ownership by filing for bankruptcy.
In most cases, the answer is yes - filing for bankruptcy can help you get your vehicle back.
If you're considering bankruptcy, the first step is to determine whether you can afford to pay down or pay off your credit card debt.
Based on your income, you may or may not qualify for Chapter 7 bankruptcy, which will completely wipe out your debt.
If you have enough income, you may have to file for Chapter 13 bankruptcy and pay off your debt on a repayment plan.
Under these circumstances, you may be able to negotiate with the creditor and pay off your debt for less than you owe.
Debt consolidation is another option under these circumstances.
Based on your income, you may or may not qualify for Chapter 7 bankruptcy, which will completely wipe out your debt.
If you have enough income, you may have to file for Chapter 13 bankruptcy and pay off your debt on a repayment plan.
Under these circumstances, you may be able to negotiate with the creditor and pay off your debt for less than you owe.
Debt consolidation is another option under these circumstances.
The leading causes of divorce include debt and financial pressure, but even when debt is not directly to blame, splitting up a household can be a significant budgeting challenge.
Both parties must now deal with similar living expenses as well as less income to handle those expenses.
If both spouses owe a debt together that is secured by a vehicle or a home, the parties may agree, or the divorce court may order, that one person is responsible for paying the debt, while the other is bound by the debt.
Both parties must now deal with similar living expenses as well as less income to handle those expenses.
If both spouses owe a debt together that is secured by a vehicle or a home, the parties may agree, or the divorce court may order, that one person is responsible for paying the debt, while the other is bound by the debt.
Reviews
Be the first to review Waukesha Bankruptcy Attorney.
Write a Review
