Milwaukee Bankruptcy Attorney Blog by Miller & Miller Law, LLC » Chapter 7

Home Prices Close to Bottoming, Set to Rise in 2013

Jason S. Crye — Tue, 15 May 2012 15:55:39 +0000

If you are one of thousands of Wisconsin home owners worried about the value of your home there is good news and bad news: Values will continue to drop this year but forecasters predict values to begin to rise in 2013. Here’s an interesting article on the subject from Yahoo! Finance.

If you are living in Wisconsin and need help saving your home due to a foreclosure, call Miller and Miller today. With offices in Milwaukee, Germantown, and Kenosha our attorneys are close by for everyone in the Milwaukee metro area. And if you don’t live in Southeastern Wisconsin, call us anyway as we serve all of Wisconsin.

Mortgage Rates Over the Past Year

Jason S. Crye — Tue, 08 May 2012 14:33:26 +0000

While foreclosures in the Milwaukee, Waukesha, Racine area are trending down, people in Wisconsin are still very interested in ways to help them manage their mortgages. One bright spot in these difficult economis times has been the low mortgage rates, check them out here.

If you need advice on how to save your home and you are living in Wisconsin, call Miller and Miller today. With offices in Milwaukee, Germantown, and Kenosha we have an office near you.

What Happens When you Walk Away from Your Home?

Jason S. Crye — Wed, 02 May 2012 15:48:21 +0000

Here’s an interesting article from Yahoo! Finance on a timely topic in Wisconsin.

If you live in Wisconsin and need advice on how to handle a foreclosure, call Miller and Miller today. With offices in Milwaukee, Germantown, and Kenosha, our attorneys are close by whether you live in Waukesha, Racine, or another part of Wisconsin.

Help? Do I Need to Move From My Apartment?

wyanow — Wed, 25 Apr 2012 22:16:00 +0000

Did you receive a notice about foreclosure for your landlord? What do you do? Do you move from your apartment or rental house? The answer…stay put and keep paying rent but ask the mortgage company to let you know if a foreclosure is about to happen. If your apartment or rental home does get foreclosed, the bank will let you know and they should give you at least 30 days to move or perhaps the new owners will continue to rent to you. You might even get some free rent because you won’t have to pay rent to the bank after a foreclosure.

There is not a lot of risk that you will be asked to move. The landlord is still providing you a home and hopefully you are not having problems with the landlord. He’s just in trouble and it takes some time for the foreclosure to actually go through. If you are a landlord and having trouble keeping up with your mortgage then give Miller & Miller a call to help you with your financial bind.

What to Do When you Receive Foreclosure Papers

Jason S. Crye — Mon, 23 Apr 2012 15:47:03 +0000

It can be a daunting task to right the ship when faced with a foreclosure, however, there are options for those of you in this situation. Miller & Miller has helped thousands of Wisconsin families save their homes and get a financial fresh start. Click on this link to read a story from Yahoo! Finance on how three families fought to save their homes.

With offices in Milwaukee, Germantown, and Kenosha, our attorneys are close by if you live in Wisconsin and need advice you can count on. Call us today!

Warren Sapp Bankruptcy

Jason S. Crye — Mon, 16 Apr 2012 16:12:39 +0000

Bankruptcy and the National Football League collide again. This time it is Warren Sapp, who reportedly owes over 6.7 million dollars to his creditors. Read more about the details here.

Even if you aren’t in as much debt as Mr. Sapp, dealing with aggressive creditors can be stressful and overwhelming. If you need advice about what to do, call Miller and Miller today. We have been helping people in Wisconsin get a fresh start since 1993 and with offices conveniently located in Kenosha, Milwaukee, and Germantown, we are a short trip away no matter where in Southeastern Wisconsin you are.

Can I pay my taxes with a Credit Card, then file bankruptcy to discharge the Debt?

Jamie Miller — Wed, 11 Apr 2012 13:59:22 +0000

With April 15th only a few days away, many people are working hard to come up with the money to pay the Government. For those who are self employed, estimated tax liability payments are due every quarter starting April 15th. The IRS will allow you to pay your tax debt with a credit card, but you can expect to pay a 2% “convenience fee”.

If charging tax liability please be aware that the Bankruptcy Code specifically disallows that part of your credit card debt to be discharged in a bankruptcy case, unless the tax you are paying is dischargeable as well.

If you have questions about tax liability and credit card debt please call Attorney Miller at 414-277-7742. Our office is accessible in Milwaukee, Racine, Ken0sha, Germantown, West Bend, Ozaukee, Brookfield and all surrounding Milwaukee Metro Areas.

Knowing Your Bankruptcy Options Webinar

Justine Bellamy — Tue, 20 Mar 2012 19:52:10 +0000

Join us for an information-packed webinar with bankruptcy attorney Jamie Miller. This workshop will offer you expert guidance on the different bankruptcy options; as well as the benefits that bankruptcy can offer you to help you take control of your financial life. It is time to get the fresh financial start you deserve. Go to MillerMillerlaw.com and click on the “Registration Now” star to sign up.

Join us April 17th @ 10am for this great Webinar. Register today!

Why Do I Have to Do Credit Counseling?

wyanow — Tue, 13 Mar 2012 14:18:43 +0000

Many clients ask: Why do I have to take a credit counseling class? The simple answer is: the Bankruptcy Code requires it.

You may have paid your lawyer all of the fees required, you may have provided your lawyer with all the information necessary for a petition to be properly prepared, your petition may have been prepared, you may have signed it….but if you have not taken the pre-filing credit counseling session and provided a certificate of completion to your attorney, your petition cannot be filed. Many clients are fearful of the credit counseling: What will they ask? I don’t know what to say? What if I don’t pass? How much does it cost?

The credit counseling itself is extremely simple; you cannot fail. You will be asked about income and living expenses; estimated answers are fine. The counseling can be done on the Internet, or by telephone. You must use an approved agency. The Resource page of our website www.milwaukeebankruptcy.com has a list from which you can choose.

The credit counseling is not expensive at all. There are some that are extremely inexpensive.

Keep in mind that in order to receive your Court-Ordered Discharge, which finalizes your bankruptcy, there is a second class that you must take called a Financial Management Class. Again, this can be done on the Internet or by telephone.

If you have any questions about the credit counseling classes please contact our Milwaukee, Germantown or Kenosha office of Miller & Miller Law.

1099-C in the mail? Read the following article:

Jason S. Crye — Wed, 29 Feb 2012 18:17:58 +0000

1099-C In the Mail? How to Avoid Taxes on Cancelled Debt (via Credit.com)

If it’s been a rough couple of years for you, you’re not alone. Maybe your income was cut, you lost your job, or you had large expenses like medical bills. You may have fallen behind on bills, fielded collection calls and managed to settle some of your debts for less than the full balance you owed…