Filing Bankruptcy in Milwaukee

Many Americans have low credit scores and are struggling to overcome a vicious debt cycle. Filing bankruptcy can help you overcome excessive debt.  There are two categories of personal bankruptcy. These include

  • Chapter 13
  • Chapter 7

There are two categories of personal bankruptcy Chapter 13 & Chapter 7

Many people do not understand that the features of these chapters cover beyond erasing debt. Families and individuals can use chapter 13 and chapter 7 to stop repossession of a car, foreclosure of a home and garnishment of their wages. It is important to understand that there are certain types of debts which cannot be erased even if you file for bankruptcy.  These debts include

  • parking fees
  • alimony
  • child support
  • back taxes and anything else owed to the government such as library fees