What Is the Difference Between Chapter 7 and Chapter 13 Bankruptcy?

Chapter 7 bankruptcy involves liquidating non-exempt assets to pay off debts and usually takes about 3-6 months, often resulting in debt discharge. Chapter 13 allows you to keep property by setting up a repayment plan lasting 3-5 years. Choosing between them depends on your income, assets, and debt types, which a bankruptcy attorney can evaluate with you.

Can Bankruptcy Help Stop Foreclosure on My Home?

Yes, filing bankruptcy can temporarily stop foreclosure on your home by triggering an automatic stay, which halts most collection actions. Chapter 13 bankruptcy is often used to catch up on missed mortgage payments over time. Consulting with a bankruptcy attorney will clarify how these protections apply to your specific situation.

What Debts Can Be Discharged by Bankruptcy in Wisconsin?

In Wisconsin, bankruptcy can discharge many unsecured debts like credit cards, medical bills, and personal loans. However, some debts, such as student loans, certain taxes, child support, and recent debts incurred fraudulently, are generally not discharged. A West Allis bankruptcy attorney can help identify which debts qualify for discharge in your case.

Can I Keep My Property if I File Bankruptcy?

Whether you can keep your property depends on the type of bankruptcy and the exemptions available in Wisconsin. Chapter 13 allows repayment plans to keep your property, while Chapter 7 may require liquidation of non-exempt assets. A skilled attorney in West Allis will help you understand exemption limits and protect your assets whenever possible.

Bankruptcy Lawyer in West Allis, WI

Bankruptcy lawyer paperwork with petition to file for bankruptcy and wooden gavel on desk.

Filing for bankruptcy can be overwhelming, but with the right legal guidance, it can also be a path toward financial relief. At Credit Solutions, our experienced bankruptcy lawyer in West Allis, WI is here to help you navigate your options and find a solution tailored to your situation. Whether you’re facing wage garnishment, mounting credit card debt, or foreclosure, we provide compassionate, knowledgeable support every step of the way. Call (414) 272-0077 to speak with an attorney today.

What Can a Bankruptcy Lawyer in West Allis, WI Do for You?

Bankruptcy is more than just paperwork—it’s a legal strategy to help you regain control of your finances. At Credit Solutions, our bankruptcy attorney in West Allis, WI will assess your financial circumstances and recommend the most effective course of action. Whether it’s Chapter 7 for a fresh start or Chapter 13 for debt reorganization, we’ll make sure you understand your rights and obligations.

We handle every detail from start to finish, including:

Evaluating your eligibility for Chapter 7 or Chapter 13 bankruptcy
Filing all necessary documents with the bankruptcy court
Stopping creditor harassment, wage garnishments, and repossessions
Representing you at all bankruptcy hearings and meetings

Benefits of Working With a Bankruptcy Attorney in West Allis, WI

1. Protection from Creditors

Once you file for bankruptcy, an automatic stay goes into effect. This halts most collection actions, including lawsuits, foreclosure, and harassment calls. Your bankruptcy attorney in West Allis, WI, ensures this protection is enforced.

2. Debt Elimination or Repayment Plan

Depending on the chapter you file under, you may be able to eliminate unsecured debt like credit cards or create a manageable repayment plan for overdue balances. Your lawyer will guide you through these options based on your income and assets.

3. Prevent Foreclosure or Repossession

If you’re at risk of losing your home or car, filing bankruptcy may allow you to keep your property while catching up on missed payments over time. Our bankruptcy lawyer in West Allis, WI will help you explore every opportunity to protect your assets.

4. Rebuild Financial Stability

Bankruptcy isn’t the end—it’s a fresh start. With the support of an experienced attorney, you can begin rebuilding your credit and making informed financial decisions for a stronger future.

Tips and Tricks for Getting the Best Results With a Bankruptcy Attorney

When facing financial challenges, partnering with a trusted bankruptcy attorney can make all the difference. At Credit Solutions, we want to empower you with practical tips to navigate the bankruptcy process smoothly and confidently. Here are some essential strategies to maximize your benefits and protect your future.

Be Honest and Transparent: Always provide complete and accurate information about your debts and assets. This helps your attorney build the strongest possible case for you.

Gather Your Financial Documents Early: Collect bank statements, tax returns, loan documents, and pay stubs before your consultation. This preparation speeds up the process and reduces delays.

Understand Your Options: A skilled bankruptcy attorney in West Allis, WI, will explain whether Chapter 7, Chapter 13, or alternative debt relief methods suit your situation best. Don’t hesitate to ask questions until you feel comfortable.

Stay Organized: Keep track of all court dates, paperwork deadlines, and communication with your attorney. Staying organized reduces stress and ensures you don’t miss important steps.

Avoid New Debt: During bankruptcy proceedings, refrain from taking on new loans or credit cards. This protects your case and prevents complications with discharge approvals.

Follow Legal Advice Closely: Your bankruptcy attorney is your advocate and guide—adhere to their recommendations to protect your rights and property throughout the process.

Prepare for Credit Rebuilding: Bankruptcy isn’t the end of your financial life; it’s a fresh start. Discuss post-bankruptcy strategies with your attorney to rebuild credit and regain financial stability.

Taking the first step can be overwhelming, but with the right support, you can regain control of your finances and your life. Contact Credit Solutions today to schedule a free consultation with a trusted bankruptcy attorney near West Allis, WI. Let us help you chart a clear path toward financial freedom.

Navigating Bankruptcy: Clear Answers to Your Biggest Question

What Is the Difference Between Chapter 7 and Chapter 13 Bankruptcy?
Chapter 7 bankruptcy involves liquidating non-exempt assets to pay off debts and usually takes about 3-6 months, often resulting in debt discharge. Chapter 13 allows you to keep property by setting up a repayment plan lasting 3-5 years. Choosing between them depends on your income, assets, and debt types, which a bankruptcy attorney can evaluate with you.
Can Bankruptcy Help Stop Foreclosure on My Home?
Yes, filing bankruptcy can temporarily stop foreclosure on your home by triggering an automatic stay, which halts most collection actions. Chapter 13 bankruptcy is often used to catch up on missed mortgage payments over time. Consulting with a bankruptcy attorney will clarify how these protections apply to your specific situation.
What Debts Can Be Discharged by Bankruptcy in Wisconsin?
In Wisconsin, bankruptcy can discharge many unsecured debts like credit cards, medical bills, and personal loans. However, some debts, such as student loans, certain taxes, child support, and recent debts incurred fraudulently, are generally not discharged. A West Allis bankruptcy attorney can help identify which debts qualify for discharge in your case.
Can I Keep My Property if I File Bankruptcy?
Whether you can keep your property depends on the type of bankruptcy and the exemptions available in Wisconsin. Chapter 13 allows repayment plans to keep your property, while Chapter 7 may require liquidation of non-exempt assets. A skilled attorney in West Allis will help you understand exemption limits and protect your assets whenever possible.

Get Help from a Bankruptcy Lawyer in West Allis, WI Today

Financial stress can affect every aspect of your life—but you don’t have to face it alone. Trust Credit Solutions to provide the guidance and support you need. Our trusted bankruptcy lawyer in West Allis, WI, will help you take the first step toward financial freedom. Request your free consultation online today and let’s start building your new beginning.