Is Bankruptcy Right for You?
The most common bankruptcies for individuals are Chapter 7 and Chapter 13, both of which have their own advantages.
Chapter 7 wipes out a wide range of general debts, from medical debt to credit card debt. It is, therefore, the traditional fresh start bankruptcy. There is a common misconception that filing for bankruptcy under Chapter 7 means you will lose your home, but that is not true for many cases. At Watton Law Group, we have helped thousands of clients find relief from debt without losing their properties and assets.
We have also had a great deal of success in helping clients under Chapter 13. In Chapter 13 bankruptcies, debts are not eliminated outright but restructured. They require regular payments to be made over the course of a three- to five-year personalized repayment plan. Once all payments have been completed, certain low priority debts will be discharged, and the bankruptcy case will be closed. You can keep your properties and assets, while settling your debt for pennies on the dollar.
Experience You Can Trust
Chances are that you are reading this because you or a loved one has become entrenched in financial trouble. We want to stress that there is nothing to be ashamed of.
Our Wisconsin bankruptcy lawyers at Watton Law Group are here to help you find a way out of financial hard spots. We are highly skilled in devising innovative strategies to help our clients overcome financial struggles—in fact, over the past 25+ years, we have become nationally known for our success in this area of the law.
As evidenced by our tailored, one-on-one guidance, we truly care about our clients and take each case personally. We go beyond finding the easiest solution; we work to find the solution that will benefit you right now and for years to come. From beginning to end, we will guide you through Chapter 7 or 13 bankruptcy proceedings with a strong, steady hand. And, if needed, we can also help develop a workable budget to help you get back on your feet.
If you or a loved one is struggling with debt, contact a Wisconsin bankruptcy lawyer online or call (414) 409-5422 for a free consultation. No case is too complex for our team.