Often, debtors struggling with overdue bills think that they do not have the money to afford a lawyer. This video explains how to file bankruptcy in Milwaukee, and why it is not advisable that you do so without a lawyer. While the formal U.S. Bankruptcy Code does not require a lawyer in all transactions, obtaining […]
Four years ago, the United States was hit with the largest recession since the Great Depression. Today, many economic analysts are still scratching their heads, desperately trying to uncover all of the contributing factors. In addition to dishonest lending practices and a lack of regulation on Wall Street, some have said that the Bankruptcy Abuse […]
https://www.burrlawoffice.com/wp-content/uploads/2016/12/Burr-Logo-bw.png00Mike Burrhttps://www.burrlawoffice.com/wp-content/uploads/2016/12/Burr-Logo-bw.pngMike Burr2012-11-13 11:36:432019-01-18 11:36:17Exploring the Relationship Between Bankruptcy Reform, Recession, and Bankruptcy Filing Rates
Many people avoid filing despite increasing debt because they are afraid of how the process will affect their credit score and ability to rebuild their finances. However, not filing for bankruptcy with a lawyer when you no longer have the ability to pay your debts can have dire bankruptcy consequences. Wage Garnishment One of the first steps your […]
Wisconsin is known as a community property state. This means that any assets or debts that a married couple collects during marriage belong to both of them. Even if the wife is a stay at home mother, her husband’s credit card debt burden legally belongs to her. When filing for Milwaukee bankruptcy, couples need to consider […]
If you’re experiencing financial difficulties, you may have stopped making payments on secured debts like cars or electronics. The consequence of this action is commonly called repossession. Because you have defaulted on the loan, you are no longer entitled to keep your car, home, or other item. Repossession of a home is usually called foreclosure, and […]
https://www.burrlawoffice.com/wp-content/uploads/2016/12/Burr-Logo-bw.png00Mike Burrhttps://www.burrlawoffice.com/wp-content/uploads/2016/12/Burr-Logo-bw.pngMike Burr2012-07-18 20:13:172019-06-20 14:29:40When Do I Need to Begin Worrying About Property Repossession?
If you file for Chapter 13 Milwaukee bankruptcy, you will commit to a payment plan lasting three to five years, under which you will repay any missed payments on secured debts and a portion of your unsecured debts. Though this plan can be challenging, it will free you from your debts and give you a […]
https://www.burrlawoffice.com/wp-content/uploads/2016/12/Burr-Logo-bw.png00Mike Burrhttps://www.burrlawoffice.com/wp-content/uploads/2016/12/Burr-Logo-bw.pngMike Burr2012-06-20 20:09:212019-01-18 11:36:58Tips for Managing Your Chapter 13 Repayment Plan
How to File?
/in Filing /by Mike BurrOften, debtors struggling with overdue bills think that they do not have the money to afford a lawyer. This video explains how to file bankruptcy in Milwaukee, and why it is not advisable that you do so without a lawyer. While the formal U.S. Bankruptcy Code does not require a lawyer in all transactions, obtaining […]
Exploring the Relationship Between Bankruptcy Reform, Recession, and Bankruptcy Filing Rates
/in Economy, Filing, Legal /by Mike BurrFour years ago, the United States was hit with the largest recession since the Great Depression. Today, many economic analysts are still scratching their heads, desperately trying to uncover all of the contributing factors. In addition to dishonest lending practices and a lack of regulation on Wall Street, some have said that the Bankruptcy Abuse […]
Bankruptcy Consequences: Skipping Payments
/in Bankruptcy, Foreclosure, General, Wage Garnishment /by Mike BurrMany people avoid filing despite increasing debt because they are afraid of how the process will affect their credit score and ability to rebuild their finances. However, not filing for bankruptcy with a lawyer when you no longer have the ability to pay your debts can have dire bankruptcy consequences. Wage Garnishment One of the first steps your […]
A Married Couple’s Guide to Filing Bankruptcy
/in Family, Filing /by Mike BurrWisconsin is known as a community property state. This means that any assets or debts that a married couple collects during marriage belong to both of them. Even if the wife is a stay at home mother, her husband’s credit card debt burden legally belongs to her. When filing for Milwaukee bankruptcy, couples need to consider […]
When Do I Need to Begin Worrying About Property Repossession?
/in Foreclosure, Real Estate, Repossession /by Mike BurrIf you’re experiencing financial difficulties, you may have stopped making payments on secured debts like cars or electronics. The consequence of this action is commonly called repossession. Because you have defaulted on the loan, you are no longer entitled to keep your car, home, or other item. Repossession of a home is usually called foreclosure, and […]
Tips for Managing Your Chapter 13 Repayment Plan
/in Chapter 13 /by Mike BurrIf you file for Chapter 13 Milwaukee bankruptcy, you will commit to a payment plan lasting three to five years, under which you will repay any missed payments on secured debts and a portion of your unsecured debts. Though this plan can be challenging, it will free you from your debts and give you a […]