Filing for Chapter 7 Bankruptcy in Appleton, WI
When your debts start to get out of control, the accompanying stress can be overwhelming. Growing debts from credit cards, medical bills, auto loans, and more can add up and snowball with interest over time, making them even more difficult to pay off. Fortunately, there is a way out. Chapter 7 bankruptcy is a tool you can use when you are deep in debt to clear your outstanding payments and get your financial life back on track. An experienced Wisconsin bankruptcy lawyer can help you file and get the most out of your bankruptcy.
Contact Buss Law Offices in Appleton, WI to get your bankruptcy started and get on your way to financial freedom.
Chapter 7 Bankruptcy
A Chapter 7 bankruptcy is commonly known as liquidation. Your Buss bankruptcy attorney can thoroughly assess your financial situation and debts to determine if Chapter 7 is the right fit for you. Typically, a Chapter 7 bankruptcy is best suited for consumers who have few assets and inconsistent income, as assets will be liquidated.
The following debts are eligible for discharge in Chapter 7:
- Credit card
- Medical bills
- Unsecured debts such as personal loans
- Unpaid utilities
- And more …
Debts That Cannot be Discharged in Chapter 7
While most debts are eligible for discharge through a Chapter 7 bankruptcy, there are a few notable exceptions. The following types of debts cannot be discharged in Chapter 7:
- Alimony
- Child support
- Student loans
- Debts from fraud
Contact a Wisconsin Chapter 7 Bankruptcy Attorney
If you are struggling under the weight of growing debts and can’t find a way out, call Buss Law Offices in Appleton, WI. Our attorneys have decades of experience in consumer bankruptcy law to help guide you through your tough situation. Get out from under your mountain of debt with the help of a trusted local attorney. Call Buss Law Offices in Appleton today for a consultation.
