The word “bankruptcy” carries a negative connotation. This should not be the case however, as bankruptcy is a very beneficial tool. Despite what is widely believed, bankruptcy can actually leverage your credit score. Additionally, you will become free of certain debts. Read more about the many benefits of bankruptcy here. For help with identifying an […]
Our firm consists of a powerhouse of attorneys achieving the results our clients deserve in complex cases presenting unique matters. Our award winning attorneys efficiently fuel your case with a wealth of legal experience and honest guidance. We thoroughly and efficiently tailor representation to each client’s unique problems. Let us fuel your case with the leverage […]
President Biden has signed the $1.9 trillion COVID-19 relief bill, titled the American Rescue Plan. In a new CBS News poll, it has been revealed that three out of four Americans approve of the legislation. The plan will send $1,400 direct payments to individuals making $75,000 or less per year, and will provide $50 billion […]
American Rescue Plan, Biden’s proposed $1.9 trillion relief package, offers targeted help to restaurants, airlines and key industries. It adds a small amount to the PPP pool of funds, but does not include another round. By the way, where are the lobbyists for gyms? Link to Article
In 2019, US dairy farmers produced around 2018.4 billion pounds of milk. The figure represents a trend of increasing production that has been consistent over the past decade. This is more milk than Americans can consume, meaning that the dairy industry is currently grappling with overproduction. For farmers, too much milk in the market means […]
A faltering business can lead to a mountain of debt — so much so that you face losing everything you have put all of your time, energy and heart into for years. However, considering or filing a Chapter 11 bankruptcy, especially now, may stabilize your business and put you back on the path to success. The […]
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 […]
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 […]
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 […]
Attorney Phillips brings over 13 years of experience representing businesses and individuals struggling financially. He shares his experience and background, especially that regarding Chapter 7 and consumer bankruptcy, in the following Q&A. As always, please reach out to our firm with any questions. You can call us directly at 608-310-5500 or fill out our online contact […]
