Chapter 13 Vs. Debt Management Programs
Get Your Free Case Review
Home | Bankruptcy | Chapter 13 Vs. Debt Management Programs

Helping You Find The Right Approach To Debt Relief

If you are struggling with debt, you have probably been receiving letters and phone calls from companies promising you a quick way out of debt. Trying to make sense out of these complicated offers can be discouraging, especially when you are not sure whether any of these debt management programs will actually solve your problem. Before you make a decision about enrolling in such a program, seek the advice of a skilled attorney.

At Nicolet Law Office, S.C., helping people get relief from crippling debt is what we do. We have found that most people are better served by going through the bankruptcy process than using the services of a debt management company. A Chapter 13 debt reorganization is usually a much better way to deal with debt and put yourself on the road to credit restoration and a brighter future.

Some Of The Advantages Of Chapter 13 Bankruptcy

Debt management programs often create more problems than they solve. These programs are problematic because:

  • They are voluntary for creditors.
  • Creditors can still harass you with phone calls and letters.
  • A creditor can still demand full payment at any time, even when you are in the program.
  • These programs are often funded by the creditors themselves.
  • Your wages can still be garnished while enrolled in the program.

Chapter 13 bankruptcy has many advantages over debt management programs, including:

  • Court protection, which prevents creditors from demanding full payment
  • Participation is mandatory for creditors.
  • Ability to stop wage garnishments and home foreclosures
  • Interest rates are reduced to 0 percent, even on credit card debt.
  • You get three to five years to repay debt, and then any remaining unsecured debt is eliminated.

Whether you are in Eau Claire, Hudson or anywhere else in Wisconsin, or in the Twin Cities area of Minnesota, the team at Nicolet Law Office, S.C., is ready to help you chart a course toward a healthy financial future. When you visit us, we will analyze your unique situation and give you honest advice about what to do next and how we can help.

Contact A Wisconsin Bankruptcy Attorney For A Free Consultation

Before deciding to participate in any debt management program, consult with an experienced bankruptcy lawyer first. For a free consultation at Nicolet Law Office, S.C., please call 715-802-0872 or toll free 800-456-6956. You can also contact our law firm online. We offer flexible payment plans and reasonable flat fees.


– Why Hire Nicolet Law? –

Get An Experienced Lawyer On Your Case

We’ve helped thousands of clients with a wide range of legal needs. Let us put the skills and experience we’ve gained along the way to work for you!

Get Our App!

Get our convenient, secure app to
send us legal documents and pay your bill. Available on the App Store and Google Play.

More Than

Million Recvered for our clients


Clients Helped

More Than

Years In business


Years of Combined Experience

What Our Clients Say About Us

powered by BirdEye

Awards & Recognition

Our peers and independent third-party organizations have recognized the hard work and dedication we put into every case. This has led to numerous awards and accolades.

From Our Blog

Road construction results in more dangerous roads

The summer season calls many people on to the streets. In addition to regular traffic, road tripping, family vacations, and...

Uninsured personal injury claims

Insurance is the safety-net that nearly anyone that becomes a victim of an accident needs to recover from the damages. The...

BSA Files for Bankruptcy Following Sex Abuse Scandal

Since its inception in 1910, the Boy Scouts of America has become synonymous with American boyhood. In recent years,...

The Advantages of Hiring a Local Attorney

Who Needs an Attorney? Most people never think about needing an attorney. Nevertheless, situations will inevitably arise in...