Loan modifications come in many different forms and at many different times as they relate to a bankruptcy filing. The most common loan modification is one that avoids bankruptcy entirely. I’m referring to a person or couple that fall behind on their mortgage, reach out to their lender for loss mitigation opportunities and are lucky+ Read More

Bankruptcy is The Best Credit Repair for Most People Is bad credit costing you thousands of dollars every year?  It is, if you are paying more than 5% on your car loan.

This is the bankruptcy case study for Ms. Jones who resides in Joliet, Illinois. Ms. Jones was in the office today to determine whether or not Chapter 7 or Chapter 13 bankruptcy will provide some needed relief. Let’s go through the facts and details of her case. Ms. Jones is not a homeowner. She is+ Read More

Mistakes can cost you big time when it comes to filing for bankruptcy. Whether you attempt it alone or hire a knowledgeable Walworth County bankruptcy attorney, making mistakes is something you definitely want to avoid. One little mistake could cost you everything. Our Walworth County bankruptcy attorney, Shannon Wynn, shares common mistakes people make when filing for bankruptcy.

It is very true that a Chapter 7 bankruptcy case can be filed without having the full attorney fees paid up front. In fact, there are some attorneys that are willing to advance even the filing fees in certain circumstances.  However, for a valid Chapter 7 bankruptcy case to be filed, there are certain documents+ Read More

With all the different bankruptcy types, it can get a bit confusing to someone who is new to bankruptcy. What do all these numbers mean? In this post, our Elkhorn, WI Chapter 7 Bankruptcy attorney explains what the difference is between an Elkhorn, WI Chapter 7 Bankruptcy and an Elkhorn, WI Chapter 128 Debt Amortization Plan.
 

http://nwdrlf.com/wp-content/uploads/2016/08/Attorney_McAvity_July_22_Bankruptcy.mp3

Katherine:
Hello, everyone. Tom McAvity, I’m messing it up. Last time I did so fine.

Tom:
That’s it. No, you nailed it. You nailed it.

Katherine:
Say it again. You say it and then I’m going to say it right after you.

Tom:
McAvity.

http://nwdrlf.com/wp-content/uploads/2016/08/Attorney_McAvity_July_22_Bankruptcy.mp3

Katherine:

Hello, everyone. Tom McAvity, I’m messing it up. Last time I did so fine.

Tom:

That’s it. No, you nailed it. You nailed it.

Katherine:

Say it again. You say it and then I’m going to say it right after you.

Tom:

McAvity.

Katherine:

Here at Shenwick & Associates, most clients come to us with concerns about debt, from either the perspective of a debtor or a creditor. This month, we’re going to take a look at the difference between how debts are treated by law and how debts are listed on a credit report. As with all actions (lawsuits), there is a statute of limitations on how long creditors can sue you to collect on a debt, get a judgment against you, and garnish your wages or levy against your financial accounts.