Compress Legal Wisconsin Bankruptcy Forms For Free

The solution may be Chapter 7, which discharges debts but also liquidates assets though not all of a person's assets. Chapter 13 bankruptcy allows a person to keep their assets, but puts them on a strict repayment plan. No matter which type you file for, the court puts an ?automatic stay? on any foreclosure action.

Still, you're within your legal rights to file for bankruptcy without a lawyer. Legally speaking, there is no requirement for a personal bankruptcy lawyer. But by filing alone, you're exposesd to serious risk of losing assets or having your case dismissed entirely.

First of all, it is important to know that you do not have to hire an attorney to file bankruptcy in Wisconsin. However, without an attorney you may be susceptible to pushback from creditors and other issues.

Bankruptcy Trustee Upon filing, the court will assume legal control of your debts and any property not covered by your Wisconsin exemptions. A trustee will be appointed to your case by the court. The job of the trustee is to see that your creditors are paid as much as possible.

File Your Forms With the Wisconsin Bankruptcy Court Only lawyers can file online. Not every courthouse in Wisconsin accepts bankruptcy filings, so you'll need to get the papers to the Madison courthouse if you live in the Western Districts or the Milwaukee courthouse if you live in the Eastern District.

If your total monthly income over the course of the next 60 months is less than $7,475 then you pass the means test and you may file a Chapter 7 bankruptcy. If it is over $12,475 then you fail the means test and don't have the option of filing Chapter 7.