- 733 North Van Buren St. 6th Floor
Milwaukee, WI 53202 - Phone: 1-414-272-0077
Toll free: 1-866-872-8363
Fax: 1-414-272-0102
Milwaukee Chapter 7 Bankruptcy Lawyer
Our Milwaukee Wisconsin bankruptcy lawyers will get you debt relief
Chapter 7 is called a fresh start bankruptcy. To determine whether this type of bankruptcy is right for you, call Credit Solutions at 866-872-8362. With our help, you can put this hardship behind you.
There are generally two types of creditors, secured and unsecured. Secured creditors have a lien on your property, usually on a house or a car. Unsecured creditors do not have a lien on anything you own. These debts include credit cards, utility bills, and medical bills. A Chapter 7 bankruptcy will get rid of most of your unsecured debt.
A Chapter 7 bankruptcy can discharge the following unsecured debts:
- credit card bills
- medical bills
- utility bills
- past judgments
- personal loans
- certain income taxes
- and more
There are some unsecured debts that a Chapter 7 CANNOT eliminate:
- student loans(generally)
- alimony
- child support
- certain income taxes
- fines or municipal tickets
- personal injury caused by a drunk driving accidents or damage caused by other intentional acts
If you are current on your payments, you may be able to keep your house or car. Alternately, as a debtor, you have the option to surrender the secured item and get rid of that debt as well.
Once you file a Chapter 7 bankruptcy, the bill collectors will stop calling. A Chapter 7 filing can also prevent a utility shutoff, a garnishment, a lawsuit and all of those annoying phone calls!
Our Milwaukee bankruptcy lawyers will provide assistance until your bankruptcy case is closed
In order to qualify under Chapter 7 bankruptcy, and not give up anything you own, you are limited to certain assets and income. You are only allowed to file under Chapter 7 every 8 years. Most of the time, you can keep your home, car, household goods, 401(k) and pensions. If you file under Chapter 7, you can emerge from bankruptcy with a fresh start.
At Credit Solutions, we assist you from the moment you file until your case is closed. For consumer debt, the process usually takes about three months.