If you are unable to pay your debts, a Wisconsin bankruptcy attorney can help you file for Chapter 7 bankruptcy. This is a legal procedure that is designed to provide a fresh financial start. It is best suited for people who are in deep financial difficulty and who have exhausted all other legal remedies. Listed below are a few of the best bankruptcy attorneys in Madison, Wisconsin. All of these lawyers are experienced in bankruptcy and can help you with your case.
Chapter 7 bankruptcy is a legal option for people in severe financial distress
Chapter 7 bankruptcy is a legal solution for people in serious financial distress that allows them to keep some of their property. This type of bankruptcy will eliminate unsecured debt, which is debt that does not have any collateral backing it. Examples of unsecured debt include medical bills, store cards, and credit card debt. The exemptions in Chapter 7 bankruptcy will depend on the governing law in your state, but the basic rules remain the same.
Using Chapter 7 bankruptcy can help you get a fresh start, but it can also have negative consequences on your credit. Generally, bankruptcy will appear on your credit report for 10 years, so it is not recommended for people who are struggling financially. However, many people who file for bankruptcy report that their credit score improves and they can obtain a mortgage within a few years. However, if your situation does not allow you to rebuild your credit, you may want to explore other options.
Murray Law Office is a bankruptcy firm
Jim Murray has been practicing law in Madison, Wisconsin, since 1993. He serves clients in southern Wisconsin and has extensive experience in criminal defense and drunk driving defense. His firm is dedicated to providing knowledgeable representation at reasonable costs. Jim Murray offers veteran and senior discounts for those in need of legal advice. Call Murray Law Office to schedule your free consultation. Murray is also available to help you through bankruptcy proceedings. If you’re facing financial troubles, it’s important to know that bankruptcy can lead to relief from many financial obligations.
With over four decades of combined experience, Bankruptcy Law Services is one of the largest bankruptcy firms in Madison, Wisconsin. The firm is run by attorney Mike Rynes, who has worked with clients in the area since 1980. They provide legal counsel and representation to individuals in need of bankruptcy or debt relief. They can explain bankruptcy laws and exemptions to help you decide if it’s right for you. They can also assist you in applying for home loans or rebuilding your credit score.
Godfrey & Kahn
If you are seeking a Madison bankruptcy attorney, Godfrey & Kahn, S.C. can help. They have four regional offices throughout Wisconsin and are recognized by Best Lawyers, the oldest peer-review publication in the legal industry. In addition to bankruptcy, Godfrey & Kahn’s attorneys handle corporate reorganizations, employment litigation, and white-collar crimes.
As the premier bankruptcy law firm in Madison, Godfrey & Kahn has been helping people get out of debt for more than two decades. They protect clients from harassment by creditor agencies and help them decide what their best course of action is. Additionally, they handle class action and consumer protection cases. Michael J. Maloney, the bankruptcy department manager, is an admitted attorney in Wisconsin, Missouri, and Utah.
Watton Law Group
The Watton Law Group has been helping people with debt for over 20 years. They help clients determine their bankruptcy options and protect them from creditor harassment. In addition to bankruptcy cases, they handle consumer protection and class action cases. Michael J. Maloney is the bankruptcy department manager at Watton Law Group and is admitted to practice in state courts in Wisconsin, Missouri, and Utah. Read through the Watton Law Group bankruptcy attorney reviews to get an idea of what you can expect from their services.
Another great firm with bankruptcy attorneys in Madison, Wisconsin is the Debt Advisors Law Offices. With seven offices located throughout Wisconsin, these lawyers handle debt relief cases of all types. Their bankruptcy attorneys specialize in ending wage garnishment and vehicle repossession, among other things. These attorneys also provide post-filing assistance. After bankruptcy, they can help clients apply for a home loan or work on their credit score. They can also help clients claim federal disability or veteran exemptions.