Tag Archives: Milwaukee Chapter 7 bankruptcy attorneys

Should a Chapter 7 Debtor Sign a Reaffirmation Agreement?

March 14, 2014

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When you file a Chapter 7 bankruptcy, your secured creditors may ask you to sign a document called a reaffirmation agreement. A reaffirmation agreement is essentially a new contract which provides that the debtor agrees to pay all or a portion of the debt owed to the creditor, despite the bankruptcy filing. In other words, […]

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How Chapter 7 Bankruptcy Can Help You

February 4, 2014

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Hopefully you have read our blog titled “Reasons To File a Chapter 13 bankruptcy” and you understand the many advantages of filing a Chapter 13 bankruptcy. This blog will focus on the many benefits of a Chapter 7 case, including: • Quicker results.  In comparison to a Chapter 13, which lasts 3 to 5 years, […]

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When can you file a second bankruptcy case?

December 31, 2013

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Many people are concerned that if they have previously filed a Chapter 7 or Chapter 13 case, they will not be allowed to file another bankruptcy case. While the law does limit your ability to do this, it is possible to file a second case. To determine whether you will be allowed to file a […]

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Causes of Bankruptcy

December 19, 2013

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The economy in the past few years has caused financial struggles for many people. While no two bankruptcy filings are the same, many cases are filed for similar reasons. Some of the common circumstances that lead to a bankruptcy filing include: Loss of employment. When you lose your job or your salary is significantly reduced, […]

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