Once you file for bankruptcy, there are two things that automatically occur: the automatic stay springs into effect to prevent your creditors from collecting, and the bankruptcy estate is created. The bankruptcy estate defines the nature of your assets by the date and time that you filed for bankruptcy. Money earned immediately before filing for bankruptcy is considered property of the estate, while money earned after filing your petition is not a part of the estate.

Star of reality television series “Dances Moms” emerges from bankruptcy, but many had no idea it was filed in the first place. Abby Lee Miller, 47, just completed her bankruptcy case after running into financial troubles that almost cost her to lose her home and dance studio in Pennsylvania. Thanks to the success of the [...]

If you’re looking to save a home from foreclosure, chapter 13 will help you provided you file your bankruptcy case before a Sheriff sale has taken place. Chapter 13 will allow for you to pay back your mortgage arrearages over a three to five-year period.

Our Walworth Bankruptcy Attorney has heard time and again from clients that they are afraid to file bankruptcy for fear of losing their retirement funds, such as their IRA. Firstly, we would like you to know that in most cases, your IRA and other retirement funds will be protected. The current Wisconsin bankruptcy code allows you to protect your IRA. Other retirement plans garner the same protection.
Can a Walworth Bankruptcy Attorney Interpret Bankruptcy Exemptions for Me?

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Bringing you the most up-to-date news, tips and blogs throughout the web. Here’s your Bankruptcy Update for January 23, 2014 Former Texas quarterback Vince Young files for bankruptcy Free Lance-Star publisher files for bankruptcy Martifer Solar USA files for Chapter 11 bankruptcy

One reason many consumers overlook the possibility of filing for bankruptcy is fear of losing retirements funds such as an IRA (Individual Retirement Account). While there may be limitations on how much of your retirement funds can be protected, in most cases the funds you have saved can be protected without further questioning.  It is [...]

Minnesota Attorney General Lori Swanson has filed a lawsuit against a junk-debt buyer, Bradstreet & Associates, accusing that firm of charging an inflated interest of 22% on debts for overdrawn bank accounts that may