Most Burlington, Wisconsin residents who file for a Chapter 7 Bankruptcy will be able to have most, if not all, of their debts discharged, or “wiped out”. This means you will not be liable for the debt. Any collection attempts from the creditor will be prevented. To many, this means peace of mind and peace and quiet from collection phone calls and letters. You will be legally free of all debts that are discharged after a successful Burlington Chapter 7 Bankruptcy.
Who Can File a Burlington Chapter 7 Bankruptcy?

Some people may wonder if they need to report the amount of debt they got discharged in bankruptcy when they file their taxes.  For the most part, this may not be anything to worry about although it is something you can review with your bankruptcy attorney or tax consultant for clarity purposes.  There are several [...]

 The New York Times recently ran an article in its business section entitled 

 The New York Times recently ran an article in its business section entitled 

How much does it cost to file Chapter 13?  I have answered that question for nearly 20 years, and it seems that about every 5 years the local court rules provide a different answer.  Well, the Nebraska Bankruptcy Court rolled out yet another compensation system for debtor’s attorneys effective December 1, and this time I think the Court got it right.

Is filing for bankruptcy really as damaging as you think it is? For a while, people have been avoiding bankruptcy because of the supposed negativity that happens afterwards.  Things really have changed and as more consumers get educated about bankruptcy and how it can help you, you may see this option in a new light. [...]

By Mary Ann Pekara
Instead of opening their factory in the old General Motors plant in Delaware, the plug-in hybrid automaker, Fisker, found itself in bankruptcy in November and things are moving at a rapid pace.
Creditors will have until December 30th to vote on the bankruptcy plan for Fisker and the final confirmation hearing will take place on January 3rd.

 ”What Leary took down with him was the central illusion of a whole life-style that he helped create… a generation of permanent cripples, failed seekers, who never understood the essential old-my…

Bringing you the most up-to-date news, tips and blogs throughout the web. Here’s your Bankruptcy Update for December 12, 2013 Loehmann’s facing new bankruptcy U.S. judge approves ResCap’s plan to end its bankruptcy My Child Support Is Making My Chapter 13 Bankruptcy Tough    

You may hear about why it is important to review your credit report annually to make sure information is current and being reported properly to the credit bureaus. But anyone considering bankruptcy should also review their report to make sure they include all of their creditors in their documentation and schedules.  You are required to [...]