A Rise in Wisconsin’s Unemployment Rate Results From COVID-19 Pandemic

Firm News

According to data supplied by the U.S. Bureau of Labor Statistics released by the state Department of Workforce Development (DWD), Wisconsin’s unemployment rate rose to about 5.5 percent in December. In April, due to the impacts of the COVID-19 pandemic, more than 439,000 jobs were lost in Wisconsin. The hiring rate has been rather slow […]

Small Business Owners Continue to Struggle as a Result of Pandemic’s Impacts

Firm News

Q1 2021 CNBC SurveyMonkey Small Business Survey indicates the continuing struggle of small business owners despite the second round of the PPP and additional stimulus. Only 55% of owners believe their small businesses will survive another year, down from 67% in Q4 of 2020. The Small Business Confidence Index fell from 48 in Q4 2020 […]

Secured vs. Unsecured Debts in a Chapter 7 Bankruptcy Case

Firm News

What is the difference between secured debts and unsecured debts? A secured debt has property attached to it as the lender’s collateral, like a home loan or a car loan. An unsecured debt does not.  The court treats secured and unsecured debt quite differently in Chapter 7 bankruptcy cases. Most clients can keep all of their […]