Resources

Chapter 7
You may assume the new bankruptcy laws will prohibit you from filing a Chapter 7 debt elimination. This myth about bankruptcy is just not true.

You can still eliminate or wipe out credit card debt, medical bills, judgments, stop garnishments and keep your personal property. Obviously, there is a little more to this but the basics of bankruptcy have remained the same. As long as your income is within the guidelines set by the government, and your assets do not exceed the federal exemptions allowed, you may qualify for relief by filing a Chapter 7 bankruptcy case.

However, not all debts can be eliminated in a Chapter 7 bankruptcy. Some exceptions include taxes owed to the IRS or state, student loans, alimony, maintenance/child support payments, secured debts unless you surrender the collateral, OWI related debts, and fraud-related debts. We can help you to understand which debts you may or may not be able to eliminate. Typically, Chapter 7 will eliminate the following:

Chapter 13 - Start Fresh Reorganization

If you earn too much income, are behind in you mortgage payments or car payments, and wish to save your home from foreclosure or your car from repossession, then filing a Chapter 13 may be your best answer to retake control of your life and finances. If you have a regular source of income, you can qualify for Chapter 13 bankruptcy. Many of our clients are gainfully employed but struggling to meet their monthly debts.

When you file for Chapter 13 bankruptcy, we will help you to set up an affordable three- to five-year plan for repaying your debts. Depending on which of your debts we are trying to help you save and which debts are unsecured, you may only be repaying a fraction of what you owe, and almost all debts are paid without any additional interest.

The Wisconsin Bankruptcy Alternative: Chapter 128

If you are facing temporary financial difficulties in Wisconsin, take a deep breath and don't panic. Our state has a unique debt relief option available for people in your exact situation.

What is Chapter 128 Debt Relief?

Chapter 128 is a law that allows Wisconsin residents to pay back their unsecured debts, such as credit card debt, outstanding medical bills, delinquent utility bills and personal or payday loans, in full over a three-year period with no interest. You do NOT have to appear in court and your payments are based on the amount you owe, not on a percentage of what you make.

Who Qualifies for Chapter 128?

Any resident of the state of Wisconsin can qualify for the substantial advantages offered by Wisconsin's Chapter 128 law. Chapter 128 is less expensive than Chapter 13, can be processed the same day of your appointment, and the qualification requirements are less stringent.

Call our law firm at 414-461-7000 to learn more about this bankruptcy alternative, or send us an e-mail. We look forward to meeting with you. Don’t let fear of the unknown control your life. Get the information you need right now to give you the ability to breathe again. Call us for a free personal consultation at 414-461-7000.

Foreclosure and Repossession Prevention

Time is of the Essence When Facing Foreclosure. Call and Talk to a Lawyer Today.

We all know the expression "time is of the essence." When you're facing foreclosure or repossession, this saying is true. Although you may feel helpless and defeated, don't wait until it's too late to keep your property. We are knowledgeable attorneys who can help you keep your house, car and any other item secured by a loan. Todd C. Esser & Associates is dedicated to saving you time and money by quickly identifying the best options for you and your economic circumstances by executing a tailored plan to help solve your financial situation.

Contact our law office 414-461-7000 to discuss your mortgage and preventing foreclosure in a free consultation today.

Preventing Foreclosure Through Chapter 13 Bankruptcy

If you are facing foreclosure, don't sit back and wait for your lender to force the sale of your home. Reach out for legal advice now. We have over 25 years of helping clients save their homes and will work to help you save yours. Preventing foreclosures is what we do. The foreclosure process can take up to six to eight months to complete after the mortgage company has filed a complaint to take back your home. Come in and meet with one of our attorneys as soon as possible in order to immediately stop the foreclosure action.

Filing for Chapter 13 bankruptcy protection can be complicated. Make sure you have an experienced attorney, like those at Todd C. Esser & Associates, who understands your personal situation and can guide you through this process.

Preventing Repossession

Chapter 13 can also give you relief from past due balances on any secured loan, preventing repossession. In our 25 years of experience representing thousands of clients throughout Wisconsin, we have found that Chapter 13 is an excellent way for preventing repossession of the following personal property:

Contact Us as Soon as Possible

To stop foreclosure and repossession, call our law office at 414-461-7000 as soon as possible for a free personal consultation. We can help you today if you are ready to make the call.