Debt Relief Options
Selecting the appropriate way to handle your debts is an important first step in your journey to your Fresh Start. At every free initial consultation, a Fresh Start Legal Group attorney will listen to your wishes and assist you in choosing the most appropriate and effective form of debt relief to suit your needs.
Chapter 7
The simplest form of bankruptcy, a Chapter 7 allows you to permanently eliminate debts, such as credit cards and medical bills, while often allowing you to retain most if not all of your personal property. This is the most common form of debt relief.
Chapter 13
A Chapter 13 is a unique tool to re-organize and catch up on important bills that may have fallen behind, such as a house payment. Fresh Start Legal Group will work with you to help design a budget that allows you to catch up and keep the property that you want, while still permanently eliminating a large portion of your unsecured debts.
Chapter 128 (Wisconsin Residents Only)
A Chapter 128 is not a bankruptcy, but rather a state law available only to Wisconsin residents. Known as a personal amortization, Chapter 128 takes the terms of debt repayment or negotiation out of the hands of the creditor and empowers you to pay down your debts on your terms without hefty fees and interest. Chapter 128 is especially effective in dealing with payday or cash advance loans, often drastically slashing monthly or bi-weekly payments.
For additional information concerning debt relief options, please visit our frequently asked questions or call one of our debt relief attorneys at 888.310.3001
