Nicolet Law Office, S.C.

Posts tagged "Chapter 7"

Is Chapter 7 bankruptcy right for all Wisconsin residents?

Did you know that you have alternatives to filing for Chapter 7 bankruptcy? If you do not qualify or do not find the provisions in Chapter 7 bankruptcy to be appropriate for your financial situation, you could pursue personal bankruptcy proceedings under Chapter 13 of the bankruptcy code. This alternative form of filing can let you to keep more of your personal property, allowing you to move forward with your financial success faster than you thought possible.

What is Chapter 128 and is it the right program for you?

When it comes to filing bankruptcy, most people have usually heard of the two different kinds of personal bankruptcy known as Chapter 7 bankruptcy, which wipes the slate clean of most types of debts and Chapter 13 bankruptcy, which allows individuals to pay back creditors over a period of time. These two federal programs were designed with the intent to provide relief to individuals who have gotten behind on their bills and have more debt than they are able to handle.

What you should know about Chapter 13

If you have ever considered bankruptcy, you probably know that when you file a personal bankruptcy, there are generally two ways that individuals or families are allowed to file. That would be thought Chapter 7 bankruptcy, which is typically known as a liquidation bankruptcy since it usually wipes out most types of debt, and Chapter 13 bankruptcy, which is considered a type of reorganization bankruptcy.

Should you file bankruptcy?

Deciding whether or not to file bankruptcy is a difficult decision for a person to make. Filing bankruptcy not only affects your credit, it can affect your reputation and even your self-esteem. Before you decide to move forward there are some things to consider.

Three Main Differences Between Chapter 7 And Chapter 13

Millions of Americans file for debt relief through bankruptcy each year. The Bankruptcy Code was written to be a financial safety net for individuals who are facing mounting debt. Whether through job loss, reduction in hours, divorce or medical emergency, financial peril is usually only a few paychecks away. Fortunately, depending on your circumstances, you have numerous legal options.

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.

  1. Rated By Super Lawyers | Russel D. Nicolet
    Super Lawyers Rising Stars
    Avvo Rating 10.0 Superb | Top Attorney Personal Injury Avvo Rating 10.0 Superb | Top Attorney Bankruptcy
  2. The American Association of Legal Advocates Wisconsin Association for Justice BBB Accredited Business - A+
  3. Minnesota State Bar Association American Bar Association State Bar of Wisconsin
  4. BV Distinguished | Lexis Nexis | Martindale-Hubbell | For Ethical Standards and Legal Ability The National Trial Lawyers Million Dollar Advocates Forum

Personal Attention To You -
Personal Dedication To Your Case

Contact us today for a free consultation where you will speak directly with one of our attorneys. We are conveniently located for your accessibility, with offices in Hudson, Eau Claire, and five other cities throughout the region. If your condition prevents you from coming to one of our offices, we will happily meet with you at your home or another location that is comfortable for you.

Call Us: 800-456-6956

  • In Wisconsin, call: 715-802-0872
  • In Minnesota, call: 651-243-2872

Tell Us About Your Case We’ll review your case details and contact you with an action plan.

Bold labels are required.

Contact Information
disclaimer.

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.

close

Privacy Policy

Email Us For A Response

Wisconsin Offices

Hudson Office
511 2nd Street Suite 203
Hudson, WI 54016

Hudson Law Office Map

Rice Lake Office
337 N. Main Street
Rice Lake, WI 54868

Rice Lake Law Office Map

Eau Claire Office
402 Graham Ave, Suite 305
Eau Claire, WI 54701

Eau Claire Law Office Map

Superior Office
1200 Tower Ave.
Superior, WI 54880

Superior Law Office Map

New Richmond Office
1500 Madison Ave., Suite 220
New Richmond, WI 54017

New Richmond Law Office Map

Wausau Office
408 Third Street, Suite 303
Wausau, WI 54401

Wausau Law Office Map

Woodbury Office
724 Bielenberg Drive, Suite 126
Woodbury, MN 55125

Woodbury Law Office Map

Duluth Office
109 North 2nd Avenue West
Duluth, MN 55802

Duluth Law Office Map

Hibbing Office
Howard Court Bldg.
302 Howard St. , Ste. 123
Hibbing, MN 55746

Hibbing Law Office Map

Minnesota Offices