Best Bankruptcy Lawyers in Madison, WI

It is always best to pay your legally incurred debt. However, if creditors will not work with you, if they harass you with telephone calls, letters and legal actions, you have a right to examine your bankruptcy options. If you have more debt than you can realistically pay, you have a right to protect your home, vehicles, personal property and future income for yourself and your family.

Very unlikely. Wisconsin exemption laws are more generous than in most states. An individual filer is able to protect a homestead with up to $75,000 equity. Joint filers who are husband and wife can protect up to $150,000 equity in a homestead. Cars and other assets are almost always protectable.

Chapter 13 provides very flexible tools to help reorganize debt. Regardless of income or asset status, a person or couple can restructure debt under Chapter 13. Depending on circumstances, a Chapter 13 filer may be able to pay all unsecured debt without interest. Filers may be able to pay a modest percentage of unsecured debt and receive a discharge of the test once the Chapter 13 is complete (usually 3 to 5 years). Chapter 13 can be used to cure arrearages on home or vehicle loans. A Chapter 13 filer can reduce interest on vehicle loans, or rewrite the loan entirely if the loan is old enough. A filer protects income (and income tax returns) from overly aggressive creditors, including student loan lenders and tax entities. Chapter 13 also provides for a Mortgage Modification Mediation Program through the Federal Bankruptcy Court, which has helped many debtors refinance their first mortgages to a more affordable monthly payment. Jen has been actively participating in these mediations since 2013, and has helped to modify many mortgages.

Jen has a great deal of empathy for those experiencing financial difficulty. She has been around bankruptcy attorneys and clients all of her life, and she strives to take the angst out of what might otherwise be a stressful situation for clients! She offers some evening and early Saturday morning appointments.