Most of Wynn at Law, LLC’s bankruptcy clients face sudden situations that have them considering filing Chapter 7 or Chapter 13 bankruptcy. We’re talking about things like massive medical bills or sudden job loss. Finances can be a difficult balancing act at other times as well, so we put together a quick list of warning signs.
Maybe you don’t think it’s a problem. Maybe you don’t think it’s that big of a problem. (“It” being your financial situation) You’re falling behind on bills, making partial payments to creditors, and robbing Peter to pay Paul. But, it’s not that big of a deal. You’ll catch up soon, right? “Right” is most likely “Wrong” and you’ll realize you are wrong when it’s too late. You can fix the problem of rising debt before it grows out of control by knowing the signs. Elkhorn, Wisconsin bankruptcy lawyer, Shannon Wynn, lists 7 signs you’re living beyond your means. Read them below. [read more]
If your wages are being garnished, or you know they will be, filing an Elkhorn Chapter 7 Bankruptcy will most likely stop the wage garnishment. An Elkhorn Chapter 7 Bankruptcy stops most wage garnishments because the moment you file a bankruptcy petition, an automatic stay immediately goes into effect. [read more]
It’s happening across the country. It could happen to you. Innocent Walworth County residents are receiving phone calls from someone trying to collect on a debt or loan, but the loan doesn’t exist or the amount owed is incorrect. Sometimes the voice on the other end threatens to send you to jail for failure to pay. This frightening scenario is being experienced by Walworth County consumers more and more. It’s called fraudulent collections or fake collections, and sometimes referred to as “phantom debt collection”. [read more]
Elkhorn, Wisconsin residents seeking debt relief or a debt settlement company must heed the old saying, “If it sounds too good to be true, then it probably is.” Unfortunately, there are a lot of dishonest companies in this world and some of them hail from the State of Wisconsin. According to the Wisconsin State Court of Appeals, a Wisconsin debt settlement company must pay its customers back $4.2 million in debt settlement service fees. [read more]