La Crosse and Kenosha County Chapter 7 Bankruptcy Attorneys
The Law Offices of James W. McNeilly, Jr. LLC provides bankruptcy advice and representation for clients throughout Western and Southeastern Wisconsin. We thoroughly analyze our clients' financial situations and provide the tools necessary for them to start new lives, free of financial worry.
If an individual has a large amount of credit card debt, loans and other unsecured debt, filing Chapter 7 bankruptcy may be the best debt relief option. Under Chapter 7 bankruptcy for individuals, a person's unsecured debt is completely liquidated, giving the debtor an opportunity for a fresh start.
To determine if Chapter 7 bankruptcy is right for you, call 608.782.4262 in the La Crosse area, and 262.843.3400 in the Kenosha area, or send us an e-mail to schedule a free initial consultation.
Qualifying for Chapter 7
Changes to the federal Bankruptcy Code in 2005 made it more difficult for debtors to qualify for Chapter 7 bankruptcy. However, this does not mean you should give up hope. When considering bankruptcy, you will need to complete a bankruptcy means test to determine whether you qualify to file under Chapter 7. If not, filing Chapter 13 bankruptcy may be a better option. Typically, those who qualify for Chapter 7 have a significant amount of unsecured debt and little income, or little chance of gaining income in the near future.
A lawyer at the Law Offices of James W. McNeilly, Jr. LLC can review your situation, explain your options, and help you decide what debt relief solution to pursue.
Advantages of Filing Chapter 7
If you do qualify to file Chapter 7 bankruptcy, you will enjoy many advantages, including:
- Ending all creditor harassment immediately
- Stopping creditor judgment actions
- Liquidating unsecured debts (credit card debt, car loans)
- Keeping your home and car, in some cases
It is important to remember, however, that not all debt will go away. You will still need to pay taxes, child support and spousal support, and your mortgage if you keep your house. Our firm will explain all the advantages and nuances of Chapter 7 bankruptcy, ensuring that you are well informed before you make the decision to file.
Contact a Chapter 7 Bankruptcy Lawyer Today
For a free initial consultation about how filing Chapter 7 bankruptcy can help you achieve debt relief, call us today at 608.782.4262 in the La Crosse area, and 262.843.3400 in the Kenosha area, or send us an e-mail.
Our firm serves clients throughout Western and Southeastern Wisconsin.
We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.
