Articles from Wynn at Law, LLC

Demystify the creditor meeting in two steps

Some of our Wynn at Law, LLC bankruptcy filing clients have such tremendous anxiety over the Section 341 meeting of creditors. They’ll imagine intimidation like in the photo. For some, it’s the hang up that keeps them from filing. For others, it’s the cause of more than a few sleepless nights. I put a lot of value in the statement that 90 percent of what you worry about never comes true. The creditor meeting falls into that category.

Attorney Shannon Wynn: Demystify the creditor meeting in two steps

Some of our Wynn at Law, LLC bankruptcy filing clients have such tremendous anxiety over the Section 341 meeting of creditors. They’ll imagine intimidation like in the photo. For some, it’s the hang up that keeps them from filing. For others, it’s the cause of more than a few sleepless nights. I put a lot of value in the statement that 90 percent of what you worry about never comes true. The creditor meeting falls into that category.

Honestly, you have to be honest

When Wynn at Law, LLC works with bankruptcy clients, we emphasize brutal honesty benefits them more than it would embarrass them. Bankruptcy isn’t meant to shame a debtor. It’s meant to help the debtor move out from under an unmovable mountain of bills. Honesty can be thought of as a carrot and stick.

Attorney Shannon Wynn: Honestly, you have to be honest

When Wynn at Law, LLC works with bankruptcy clients, we emphasize brutal honesty benefits them more than it would embarrass them. Bankruptcy isn’t meant to shame a debtor. It’s meant to help the debtor move out from under an unmovable mountain of bills. Honesty can be thought of as a carrot and stick.

Automatic Stay is a bankruptcy lawyer telling creditors to ‘back off’

One bit of peace of mind my bankruptcy clients welcome as much as a fresh financial start is the Automatic Stay.  Immediately upon Wynn at Law’s filing of your bankruptcy, creditors generally cannot continue the collection process. It’s quiet time at dinner time since the persistent calls usually come to a screeching halt. When you file, Attorney Shannon Wynn becomes the contact person for the creditor.

Attorney Shannon Wynn: Automatic Stay is a bankruptcy lawyer telling creditors to ‘back off’

One bit of peace of mind my bankruptcy clients welcome as much as a fresh financial start is the Automatic Stay.  Immediately upon Wynn at Law’s filing of your bankruptcy, creditors generally cannot continue the collection process. It’s quiet time at dinner time since the persistent calls usually come to a screeching halt. When you file, Attorney Shannon Wynn becomes the contact person for the creditor.

Even in bankruptcy, file your taxes

The U.S. Bankruptcy Code is nothing you have to learn. Wynn at Law, LLC studies it to offer you the best legal guidance for your particular situation. For example, we don’t provide tax advice, but for a bankruptcy filing you’re required to have income tax returns filed for the taxable period the year leading up to the date of your bankruptcy case. It’s a good idea to have four years of preceding income tax returns as well.

Attorney Shannon Wynn: Even in bankruptcy, file your taxes

The U.S. Bankruptcy Code is nothing you have to learn. Wynn at Law, LLC studies it to offer you the best legal guidance for your particular situation. For example, we don’t provide tax advice, but for a bankruptcy filing you’re required to have income tax returns filed for the taxable period the year leading up to the date of your bankruptcy case. It’s a good idea to have four years of preceding income tax returns as well.

7 Signs You’re Living Beyond Your Means

Maybe you don’t think it’s a problem. Maybe you don’t think it’s that big of a problem. (“It” being your financial situation) You’re falling behind on bills, making partial payments to creditors, and robbing Peter to pay Paul. But, it’s not that big of a deal. You’ll catch up soon, right? “Right” is most likely “Wrong” and you’ll realize you are wrong when it’s too late. You can fix the problem of rising debt before it grows out of control by knowing the signs. Elkhorn, Wisconsin bankruptcy lawyer, Shannon Wynn, lists 7 signs you’re living beyond your means.

Elkhorn Bankruptcy Lawyer Lists 7 Signs You’re Living Beyond Your Means

Maybe you don’t think it’s a problem. Maybe you don’t think it’s that big of a problem. (“It” being your financial situation) You’re falling behind on bills, making partial payments to creditors, and robbing Peter to pay Paul. But, it’s not that big of a deal. You’ll catch up soon, right? “Right” is most likely “Wrong” and you’ll realize you are wrong when it’s too late. You can fix the problem of rising debt before it grows out of control by knowing the signs. Elkhorn, Wisconsin bankruptcy lawyer, Shannon Wynn, lists 7 signs you’re living beyond your means.

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