In debt? Not sure how to get out of that hole? You may find yourself caught in an overwhelming situation.
Ask a Milwaukee bankruptcy lawyer if bankruptcy could work for you:
Many people find they are unable to handle an unforeseen expense, and, as a result, are facing steep debt.
When they are suddenly also faced with a job loss, divorce or uninsured medical bills, many people may choose to turn to Milwaukee bankruptcy lawyers for help.
The first step is to learn as much as you can about your finances. If you suspect you're on the verge of real problems (such as, you can't make the monthly bills, you're facing foreclosure or repossession, or you're getting harassing phone calls from creditors), speak with a Milwaukee bankruptcy lawyer about bankruptcy and your debt relief options.
Speak with a sponsoring Wisconsin bankruptcy lawyer for free by calling 877-349-1309 or by filling out the below free bankruptcy case evaluation form.
Your credit report is an electronic record of your financial activities.
The report covers everything from borrowing to buy a car or a home to applying for a loan or credit card.
Every time you have applied for a credit card or other loan, it has been registered as an inquiry on your credit report.
A credit report is a record of how you use credit and how much of it you have available. If you're late in making a monthly payment, that will also appear on your report.
Any time a lender is evaluating your loan request or a card company is considering whether to give you a credit card, you can count on an evaluation of your credit report to influence the decision.
If you mismanaged your finances, this information remains on a credit report for years and may hurt your chance of getting additional credit. Sometimes, credit reports omit steps that borrowers have taken to improve their credit, or contain errors.
If you are working on your financial management skills, you should review a copy of your credit report from each of the three major bureaus. The Fair Credit Report Act requires that three main credit bureaus supply you with a free copy of your credit report, at your request, at least once per year.
If you are denied credit for reasons based on the content of your credit report, you have the right under the Fair Credit Reporting Act to receive a free credit report from the issuing credit bureau within 60 days of receiving a credit-denial notice. Getting the facts will help you get control of your financial future.
Ask a Milwaukee bankruptcy lawyer how filing bankruptcy will affect your credit report and how Wisconsin bankruptcy laws may protect you.
Although your bankruptcy will show up on your report for some time, it doesn't necessarily mean your credit is ruined forever after bankruptcy.
In fact, some people find their credit actually improves after bankruptcy because they're not tied down to old debts any longer and they're able to reestablish a credit line.
Talk to one of our sponsoring Milwaukee bankruptcy lawyers today about your bankruptcy options.
Note: Keep in mind all laws are complex. If you need legal advice, bankruptcy information, or want to fully understand how these laws affect you, please speak with a local attorney. Laws may have changed since our last update. For the latest information on your state's bankruptcy laws, speak to a local bankruptcy lawyer.