Nobody wants to consider filing bankruptcy, but contrary to popular belief, it isn’t the end of the world. When you’re having debt problems and facing a repossession or foreclosure, it can actually be good for you. Bankruptcy stops all collection actions, such as wage garnishments, lawsuits, and harassment by third-party debt collectors. It can get […]

If you’ve filed for bankruptcy, it’s not unlikely that tensions are running high at home. Relationship issues often come hand in hand with financial issues, and money trouble can really pull at any of the pre-existing little cracks in your marriage. Money is not only one of the biggest things couples argue about — it’s […]

When considering bankruptcy, it’s important to be sure that you have the facts straight! There are a lot of myths and misconceptions out there regarding bankruptcy, from what it implies about the person filing, to how the process works. At Hedtke Law Group, we don’t want you to let the myths keep you from solving […]

Have you recently pulled your credit report, only to discover inaccuracies? Have debt collectors been calling you about accounts you’ve already paid or debts that were discharged in an earlier bankruptcy? If so, you have the right to request that these errors and omissions be corrected. There are different types of consumer credit reporting agencies. […]

If you are overwhelmed by calls from creditors and terrified of your house being foreclosed, bankruptcy might be the right option for you. Many people cringe when they hear the word “bankruptcy.” They think of it as a sign of failure. But it isn’t! At Hedtke Law Group, we think of bankruptcy as a fresh […]

If you’ve filed bankruptcy, you may feel as though your financial future will be in shambles forever, but that’s not the case. Filing bankruptcy is a way to get a fresh start, and it can be especially helpful if medical bills or other unexpected expenses were an albatross preventing you from living your best life. […]

If you’re finding it difficult to meet your monthly bills and your debt looks daunting, it may be tempting to consider filing bankruptcy. However, there are some things to consider before taking that big financial step. Is bankruptcy right for you? 1. Is Chapter 7 or Chapter 13 the best option? If you have assets […]

Chapter 13 is a different approach to bankruptcy, because those who file create a repayment plan based on their income. Rather than erasing their debt, they restructure it to fit their existing financial needs. There are many benefits to filing Chapter 13 because it allows those who choose this avenue to keep their property. It […]

While filing for bankruptcy is made as simple a process as possible for a person whose debt has become unmanageable, things behind the scenes are a little more complex. When a person files for bankruptcy, a debtor’s assets are turned into what is known as a bankruptcy estate, which becomes a separate legal entity from […]

If you are filing either a Chapter 7 or Chapter 13 bankruptcy, after you meet with your attorney and go over all your financials, another meeting will be held to give creditors an opportunity to determine how much – if any – money they are going to recoup after you file. Named because the meeting […]