Czachor, Polack + Borchardt, L.L.P.
Our office remains open, and in response to COVID-19 we offer remote consultations and virtual meetings. Please contact our office to discuss what meeting option best fits your situation. Call 920-393-3306.
  • Personal Injury
  • Bankruptcy
  • Divorce
  • Estate Planning

Green Bay Personal Injury and Bankruptcy Blog

Is the means test required before filing medical bankruptcy?

If you have a mountain of medical bills you cannot pay, you may decide to file bankruptcy.

However, you may not be familiar with all the requirements for filing a petition in the state of Wisconsin. For example, is it necessary for you to take the means test?

Which is the best option for you, Chapter 7 or Chapter 13?

If you are planning to file for personal bankruptcy protection, you have a decision to make between Chapter 7 and Chapter 13.

Both have advantages and drawbacks. Make sure you understand the options before choosing the one that seems the best for your circumstances.

Tactics for managing debt

Debt is a major concern for many families across the country. Despite what seems to be a robust economy, more and more people are falling behind on credit card, medical and other important payments as they look for ways to keep themselves financially afloat. If you feel that your debt situation has gotten beyond your control and worry whether you will ever regain control of it, you are not alone. Many people in your shoes feel similarly or believe they will never get out of debt. 

As stressful as having debt may seem, it is not the end of the world. You can overcome this challenge and get control over your finances for a better outlook. Here are a few debt management tactics to consider. 

What you need to know about bankruptcy and timing

There should be more to life than the constant struggle for financial freedom. Even if you go to work every day, you may not have enough resources to pay monthly bills. Further, a medical emergency or unplanned event may send you into a financial tailspin. Either way, you may need to explore options for putting your budget back on track. Filing for bankruptcy protection is one of them. 

According to a report from CNBC, nearly half of Americans cannot afford a $400 urgent expenditure. Reporting indicates that debt is to blame. That is, most people have too much debt to cover the cost of an emergency. Fortunately, climbing out from under a mountain of debt probably does not take as long as you may think. 

Budgeting apps to help you through bankruptcy

Bankruptcy can be an effective method for getting rid of debt. But if you want to recover as quickly as possible and avoid bankruptcy in the future, you must be diligent and budgeting and saving. Thankfully, the tech industry can help with so many budgeting tools and apps on the market. 

With so many choices, it can be difficult to figure out what budgeting apps you should download. Here are some of the best personal finance apps to help you after bankruptcy. 

Reassuring facts about bankruptcy and credit

Filing for bankruptcy can cause a lot of fears, concerns and uncertainty. One thing you may be afraid about is ruining your credit score. You may hear horror stories about how bankruptcy can completely devastate your credit report. 

But is this really true? Here are some important facts to know about bankruptcy and credit to calm your anxieties. 

4 costly bankruptcy mistakes to avoid

It may be intimidating to file for bankruptcy. However, it does not need to be a negative experience at all. If you need financial relief and follow all the bankruptcy laws, it can be a beneficial process. 

A lot of people make costly mistakes during the bankruptcy process, but you do not have to follow in their footsteps. Take note of these common errors to avoid. 

3 apps to help you rebuild credit after bankruptcy

Bankruptcy is an effective tool for erasing debt and regaining control of your finances. However, you may dread the inevitable effect that declaring bankruptcy has on your credit score. It is true that bankruptcy will negatively impact your credit, but it is only temporary. You can quickly improve your credit score after filing for bankruptcy.

There are many methods for increasing your credit, such as using a secured card and taking out credit-building loans. Now, thanks to technology, there are several mobile apps that can help you repair your bad credit after bankruptcy. Here are some apps to consider downloading as you pursue credit recovery.

3 signs you should file for bankruptcy

It is a normal challenge in life for most people to go through financially hard times. Things can happen, such as losing your job, that make paying bills difficult and put you into debt. They can happen to anyone, too, regardless of income. 

When you find yourself in this stressful situation, you may wonder what to do to get out. Bankruptcy is one way, but is it the right debt relief option for you? Watch for these signs to know if you should file for bankruptcy.

  • Avvo
  • Super Lawyers | Rising Stars
EMAIL US FOR A RESPONSE

Contact Us Today To Get The Help You Need

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

You have options to overcome the legal challenges you face. Call Czachor, Polack + Borchardt, L.L.P. to learn more about how we can help. Call 920-393-3306 or 888-557-7573 (toll-free).

Green Bay
107 North Broadway, Suite II
Green Bay, WI 54303

Toll Free: 888-557-7573
Phone: 920-393-3306
Fax: 920-437-1421
Map & Directions
Green Bay Law Office Map

Shawano
1488 East Green Bay Street, Suite 1
Shawano, WI 54166

Toll Free: 888-557-7573
Phone: 715-201-9782
Fax: 920-437-1421
Map & Directions
Shawano Law Office Map

Oconto
1008 Pecor Street, Suite C
Oconto, WI 54153

Toll Free: 888-557-7573
Phone: 920-393-3306
Fax: 920-437-1421
Map & Directions
Oconto Law Office Map