Milwaukee Chapter 13 Bankruptcy Lawyer | Madison Debt Repayment Plan Attorney

Wisconsin Chapter 13 Bankruptcy Law Firm

Milwaukee ● Madison ● Oshkosh ● Green Bay ● Sheboygan

Do I qualify for a Chapter 13?

Unlike the case with a Chapter 7 bankruptcy, almost anyone can qualify for a Chapter 13. If you make too much money to file a Chapter 7, you can qualify for a 13. Chapter 13 is an interest free repayment plan where you can repay your secured debts, like car payments and delinquent mortgage payments. You can use Chapter 13 bankruptcy to liquidate many of your debts, set up a reasonable debt repayment plan, and get a fresh financial start.

Contact a lawyer at Debt Advisors, S.C. to schedule a free initial consultation regarding Chapter 13 bankruptcy at our Milwaukee, Madison, or Oshkosh offices. Learn how attorneys Chad Schomburg and Mike Georg can help you create a repayment plan that works for you and your creditors.

In order to file a Chapter 13 consolidation, you must meet a few basic requirements.

You must have a regular source of income
You must have enough money to meet your basic living expenses and pay the Chapter 13 plan payment

Save your Home:

If you have fallen behind on your mortgage payments, if your house is in foreclosure, or is nearing a Sheriff's sale, we can help you save your home. We can force the mortgage company to start taking your mortgage payments again, while the Chapter 13 Trustee will take your monthly Chapter 13 payment to repay your missed mortgage payments.

Protect your Car:

Under a new law, car companies in Wisconsin do not have to go to court unless the debtor demands a hearing. The lending bank or car finance company can send notice and you have to request a hearing within 15 days or the finance company can take your vehicle without a judgment.

If you have fallen behind on your car payments, seek an attorney's help right away! At Debt Advisors, S.C., Mike and Chad can help you save your car before it is too late. If you receive a letter from the finance company threatening to take your vehicle, call us so we can meet with you to review your options, and force their attorneys to give us more time to save your car.

Low Fees

At Debt Advisors, S.C. we can get your case started for as little as $100.00. We will give you a fee quote over the phone and work with you to develop a flexible payment plan. You can hire our office for $100.00 and we will set up a payment plan to pay the balance of our attorney fees. Once you hire Chad and Mike, you can refer all of your creditors to our office. This will give you immediate relief from harassing creditor calls. The filing fee for a Chapter 13 is $274.00 and the credit counseling fees range in price. Chad and Mike can put you in touch with reputable credit counseling agencies approved by the U.S. Department of Justice.

Chapter 13 Timeline

A Chapter 13 bankruptcy case typically takes several years. You will be required to establish and follow a debt repayment plan, which lasts from three to five years.

The bankruptcy begins when Chad and Mike file your petition for relief with the bankruptcy court. The court will enter an Automatic Stay order prohibiting most of your creditors from taking or continuing any collection or legal action against you. The harassing letters and phone calls must stop once your case is filed.
The court will mail notice of the bankruptcy to all of your creditors, assign a bankruptcy trustee to your case and set a date for your hearing. At the hearing, the trustee will ask you a series of yes or no questions about the papers that were filed with the court.
Thirty days after your case is filed you must make your first Chapter 13 plan payment. Chad and Mike will explain how you do this and give you the mailing address.
Thirty to forty five days after your case is filed, you will attend the meeting of creditors. The court-appointed trustee will preside over this meeting. You will be asked to testify under oath as to the accuracy of the statements in your petition. However, most of your creditors will not appear at the meeting, and you will not be before a judge. The meeting is very informal, and in most cases will last no more than five or ten minutes. Your attorney will attend this meeting with you.
The court will then confirm your Chapter 13 plan. The plan is an agreement between you and your creditors that you will make payments for a period of three to five years and in exchange, your unsecured creditors agree to forgive a portion of the debt.
You will then receive your bankruptcy discharge. However, you must complete a financial management course before the court will give you the discharge. Mike and Chad can refer to an approved financial management class.

Get Started Today! If your creditors are overwhelming you, Chapter 13 bankruptcy may be able to give you the relief you need. If you want to stop those harassing collection letters and creditor phone calls, call us today toll free at 888-222-5615, or in Milwaukee at 414-755-2400. Or, complete our secure online form and an attorney will follow up with you promptly.

We are a Debt Relief Agency. We help people file for relief under the Bankruptcy Code.