Get help on filing Chapter 13 bankruptcy with a Wisconsin bankruptcy lawyer
Many Wisconsin residents are perplexed about how to file for Chapter 13 bankruptcy. Many debtors are afraid of filing for bankruptcy because they do not know how to start a bankruptcy case. This is normal for many people because the bankruptcy code is intrinsically broad. With the help of a bankruptcy attorney, they can guide you through the essential steps of filing for Chapter 13 bankruptcy in Milwaukee, WI.
Miller & Miller Law, LLC is a seasoned Wisconsin bankruptcy law firm. We offer personalized legal solutions to your debt problems and guarantee representation through a reputable bankruptcy lawyer during the bankruptcy process. We have over 30 years of experience and can undoubtedly end your difficulties and hardships caused by your current financial state. If you need assistance with the bankruptcy filing, schedule a free case evaluation with us now.
Why Do I Need a Chapter 13 Bankruptcy Attorney in Wisconsin?
Dealing with a bankruptcy case necessitates considerable effort and knowledge of the bankruptcy code. While filing for bankruptcy is an effective legal solution to your debt problems, no one can deny that the process and rules are complicated.
If you are a debtor, even if it is not required, you should hire a bankruptcy lawyer who has the following characteristics:
- Provides full support – When dealing with a debt problem, you need a bankruptcy attorney who commits to providing the highest level of financial, legal, and even emotional support. Choose someone who practices bankruptcy not only to win court cases but also to provide genuine, full support to every debtor.
- Answers your questions – Debtors often have many questions in their heads when seeking debt relief. If you are a debtor, you should not feel bad about it because that is normal. You have to look for an excellent Chapter 13 bankruptcy attorney who can answer all your questions with prudence and accuracy.
- Compassionate understanding – Debtors are often hesitant to seek bankruptcy relief because they are concerned about being judged. Choose a bankruptcy lawyer who will respect you regardless of how extreme your case is. You deserve a lawyer who will assist you in taking the necessary steps to recover from severe financial difficulty.
Miller & Miller Law, LLC will not just render services to win your bankruptcy case, but also provide high-quality financial, legal, and emotional support. We understand that debtors have many questions about unsecured debt, repayment plans, bankruptcy petitions, bankruptcy forms, and the like. No matter how severe your case is, we will assist you in moving your bankruptcy case along efficiently, quickly, and accurately. If you have questions on how to file Chapter 13 bankruptcy in Milwaukee, WI, consult our bankruptcy lawyer now!
Basic Steps in Filing Chapter 13 Bankruptcy
In Milwaukee, filing for Chapter 13 bankruptcy necessitates a court fee of $300. You will also be required to complete a credit counseling course, just like in Chapter 7 bankruptcy, which may cost between $16 and $50. The credit counseling course may be taken in person, by phone, or online. No matter how much it costs, any credit counseling course option may be acknowledged as fulfilling the requirement.
You are also required under bankruptcy law to attend the 341 meeting of creditors with the appointed bankruptcy trustee, which your bankruptcy attorney will attend. On top of that, you will also be required to complete the financial management course. Generally, the price range of this course is between $11 and $22, and it is conducted in the same way as the credit counseling course. The following bankruptcy forms are required to file a bankruptcy petition:
- A voluntary petition shall be duly signed by the debtor or debtors. If a debtor decides not to hire a bankruptcy lawyer, they must include a day, time, and phone number with an area code.
- The Creditor Matrix can be accomplished in paper form. If you are filing a new bankruptcy case before the bankruptcy court, you can have it typewritten and submit it at one of the public access computers.
- Statement of Social Security Number duly signed by the debtor or debtors. If you have a spouse who is not a debtor, you may add their information to Form 121.
- Credit counseling course certificate and your repayment plan, if applicable. You may check out the United States Trustee’s official site to learn about debtor education and credit counseling.
Preparing to File for Chapter 13 Bankruptcy
Debtors are not obligated by the Bankruptcy Act to have a bankruptcy attorney. However, it is always best to hire one. Your bankruptcy attorney may help you with the following:
- Prepare the Chapter 13 bankruptcy petition and schedules – Since you are initiating a bankruptcy case, you must provide full disclosure of your financial information. This means that you have to fill out all the bankruptcy forms mentioned above. In most cases, pro se debtors require more time to fill out these complicated forms. With the help of a competent Chapter 13 bankruptcy attorney, you may complete the form accurately and quickly and prevent any conflicts after filing for bankruptcy.
- Prepare the Chapter 13 repayment plan – In Chapter 13, you must have a detailed repayment plan to pay your creditors. You may also be required to pay a minimum dividend to your unsecured creditors. Your disposable income, such as your living expenses, should be paid into your repayment plan. If you have insufficient income to settle the mandatory payments, you have to surrender assets, cut expenses, or file for Chapter 7 bankruptcy instead.
- Bankruptcy exemptions – Debtors can exempt only a specific amount of property in bankruptcy. If you have properties and assets that cannot be exempted but have enough time, you can rearrange your affairs to maximize the assets that can be exempted. If not, you either have to give your non-exempt assets to the Chapter 13 trustee or pay the value of those assets by monthly payment through the Chapter 13 repayment plan.
Call our Wisconsin Chapter 13 Bankruptcy Attorney Now!
Whether you are dealing with credit card debt or tax debt, among other things, Chapter 13 bankruptcy is undoubtedly an advantageous solution to your debt problems when it suits your circumstances. You can make monthly payments to pay your creditors through a repayment plan. In Chapter 13 bankruptcy, you will work with your bankruptcy attorney for three to five years. As the process is inherently complicated and would take a long time, choosing a top bankruptcy attorney in Wisconsin is a must.
Miller & Miller Law, LLC is proud to provide excellent service and outstanding legal representation no matter where you live. We render full support, we answer all of your questions, and our legal team will not, in any way, judge you when you are expressing your financial difficulties. We take the necessary steps to ensure you can get back on your feet. Other than helping you with how to file Chapter 13 bankruptcy in Milwaukee, WI, our team can also cater to concerns in tax debt resolution, personal injury, bankruptcy alternatives, the automatic stay, debt negotiation, and a lot more. Schedule a free case evaluation with us now!