Wisconsin Bankruptcy Laws

Find a Wisconsin Bankruptcy Attorney

If you are alive in Wisconsin and are thinking of filing bankruptcy a Wisconsin bankruptcy attorney will discuss all of your choices with you.

See, with the help of a Wisconsin bankruptcy attorney, whether filing Chapter 7 or Chapter 13 bankruptcy is the right option for you.

For a meeting with a local Wisconsin bankruptcy attorney simply fill out the form on this page.

Bankruptcy Law and Wisconsin Exemptions

During your first meeting with your Wisconsin bankruptcy attorney you will go over all of the main differences between Chapter 7 and Chapter 13 bankruptcy.

In this meeting your Wisconsin attorney will ask you many personal finance questions or provide you with a profile sheet to list specific financial details. Your answers will assist you and your attorney in deciding if filing Chapter 7 or Chapter 13 bankruptcy is the best step for you.

Chapter 7 bankruptcy is also called liquidation since the bankruptcy trustee may choose to sell or auction non-exempted property (see State Exemptions list below).

Moreover, in most of Chapter 7 bankruptcy cases, the individual filing bankruptcy does not own non-exempt property, so this would not apply to most filings. If you do not own much property or have many assets Chapter 7 bankruptcy may be the best choice, since you are allowed to discharge most of your unsecured debt.

Before you file Chapter 7 bankruptcy please review your finances with a Wisconsin bankruptcy attorney to figure out exactly how much property may be exempt from liquidation.

Wisconsin State Exemptions

State and federal bankruptcy exemptions available in Wisconsin.

Homestead

Up to $40,000 worth of a home.

Wages

75 percent of your income.

Automobiles

One motor vehicle worth up to $1,200, plus any unused amount of the personal property exemption.

Personal Property

1. Up to $5,000 worth of household goods, furnishings, clothing, keepsakes, jewelry, appliances, books, musical instruments, firearms, sporting goods, animals or other personal property.
2. Up to $7,500 worth of equipment, inventory, farm products and professional books used in a trade or business.

Chapter 13 Bankruptcy is also termed “reorganization”. Persons filing Chapter 13 may own more property and by filing Chapter 13 may also retain most of their assets.

In Chapter 13 bankruptcy, the filer writes a proposal for a repayment plan for a term of 3 to 5 years, which must be approved by a bankruptcy court. This agreement allows the debtor to repay existing bills in a manageable and structured manner.

Speak With a Wisconsin Bankruptcy Attorney Today

Have you ever considered filing bankruptcy in Wisconsin but have not because you did not know where to begin or felt the process was too complex for you?

To lessen your worries about bankruptcy laws, a Wisconsin bankruptcy attorney will be able to guide you through the bankruptcy process in common sense terms. When you meet with a Wisconsin bankruptcy attorney you will also be able to have many of your questions and concerns answered in the first appointment.

Take the aggravation out of finding a Wisconsin bankruptcy attorney your self. Just fill out our bankruptcy questionnaire on this page and we will direct you to a Wisconsin bankruptcy attorney in your area.

Note:This is not legal advice. All bankruptcy laws in any state need the consult of a bankruptcy attorney licensed in that state. Consult a local attorney if you are seeking legal advice. Some or all bankruptcy laws may have changed.

Wisconsin Bankruptcy Attorneys are located in the following areas:

ABBOTSFORD, ABRAMS, ADELL, AFTON, ALBANY, ALLENTON, ALMA, ALMA CENTER, ALMENA, ALMOND, ALTOONA, AMBERG, AMERICAN FAMILY INS CO, AMERY, AMHERST, AMHERST JUNCTION, ANIWA, APPLETON, ARCADIA, ARGYLE, ARKANSAW, ARLINGTON, ASHLAND, ATHELSTANE, ATHENS, AUGUSTA, AVALON, BALDWIN, BALSAM LAKE, BANCROFT, BANK ONE, BANK ONE BANKCARD ASSOCIATES, BARABOO, BARRON, BARRONETT, BASSETT, BAY CITY, BAYFIELD, BEAR CREEK, BELDENVILLE, BELLEVILLE, BELMONT, BELOIT, BENET LAKE, BENOIT, BENTON, BERLIN, BIG BEND, BIG FALLS, BIRCHWOOD, BIRNAMWOOD, BLACK CREEK, BLACK EARTH, BLACK RIVER FALLS, BLAIR, BLANCHARDVILLE, BLOOMER, BONDUEL, BOWLER, BOYCEVILLE, BOYD, BRANDON, BRANTWOOD, BRILL, BRISTOL, BRODHEAD, BROKAW, BROOKFIELD, BROOKLYN, BROWNTOWN, BRUCE, BRULE, BURLINGTON, BUTLER, BUTTE DES MORTS, BUTTERNUT, CABLE, CADOTT, CALEDONIA, CAMBRIA, CAMBRIDGE, CAMERON, CAMP LAKE, CAMPBELLSPORT, CAROLINE, CASCADE, CATAWBA, CECIL, CEDAR GROVE, CENTURIA, CHETEK, CHILI, CHIPPEWA FALLS, CHIPPEWA FALLS, CHIPPEWA FLS , CLAM LAKE, CLAYTON, CLEAR LAKE, CLEVELAND, CLINTON, CLINTONVILLE, COCHRANE, COLBY, COLEMAN, COLFAX, COLGATE, COLLINS, COLOMA, COLUMBUS, COMBINED LOCKS, COMSTOCK, CONRATH, CORNELL, CORNUCOPIA, COTTAGE GROVE, COUDERAY, CRIVITZ, CROSS PLAINS, CUDAHY, CUMBERLAND, CURTISS, CUSHING, CUSTER, DALE, DALLAS, DANBURY, DANE, DARIEN, DARLINGTON, DE FOREST, DE PERE, DEER PARK, DEERFIELD, DELAFIELD, DELAVAN, DENMARK, DODGE, DORCHESTER, DOUSMAN, DOWNING, DOWNSVILLE, DOYLESTOWN, DRESSER, DRUMMOND, DUNBAR, DURAND, E ELLSWORTH, EAGLE, EAST TROY, EAU CLAIRE, EAU GALLE, EDEN, EDGAR, EDGERTON, ELAND, ELDERON, ELDORADO, ELECTRONIC DATA SYSTEMS, ELEVA, ELK MOUND, ELKHART LAKE, ELKHORN, ELLSWORTH, ELM GROVE, ELMWOOD, EMBARRASS, EMPLOYERS HEALTH INSURE COS, ETTRICK, EUREKA, EVANSVILLE, EXELAND, FAIRCHILD, FAIRWATER, FALL CREEK, FALL RIVER, FIFIELD, FIRSTAR BANK, FOND DU LAC, FONTANA, FOOTVILLE, FOUNTAIN CITY, FOXBORO, FRANCIS CREEK, FRANKLIN, FRANKSVILLE, FREDERIC, FREEDOM, FREMONT, FRIESLAND, GALESVILLE, GALLOWAY, GENERAL CASUALTY CO, GENESEE DEPOT, GENOA CITY, GERMANTOWN, GILE, GILMAN, GILMANTON, GLEN FLORA, GLENBEULAH, GLENWOOD CITY, GLIDDEN, GOODMAN, GORDON, GRAND VIEW, GRANTON, GRANTSBURG, GRATIOT, GREEN BAY, GREEN VALLEY, GREENBUSH, GREENDALE, GREENLEAF, GREENVILLE, GREENWOOD, GRESHAM, HAGER CITY, HALES CORNERS, HAMMOND, HANCOCK, HANNIBAL, HANOVER, HARTFORD, HARTLAND, HATLEY, HAUGEN, HAWKINS, HAWTHORNE, HAYWARD, HEAFFORD JCT, HERBSTER, HERRSCHNERS, HERTEL, HIGH BRIDGE, HILLPOINT, HINGHAM, HIXTON, HOLCOMBE, HONEY CREEK, HORTONVILLE, HOULTON, HUBERTUS, HUDSON, HUMBIRD, HURLEY, INDEPENDENCE, IOLA, IRMA, IRON BELT, IRON RIVER, J C PENNEY, J W JUNG SEED CO, JACKSON, JANESVILLE, JIM FALLS, JUDA, JUNCTION CITY, KANSASVILLE, KAUKAUNA, KELLNERSVILLE, KENNAN, KENOSHA, KEWASKUM, KIEL, KIMBERLY, KING, KNAPP, KOHLER, KRAKOW, LA POINTE, LA VALLE, LADYSMITH, LAKE DELTON, LAKE GENEVA, LAKE NEBAGAMON, LAKEWOOD, LANDS END, LANNON, LARSEN, LENA, LEOPOLIS, LIME RIDGE, LITTLE CHUTE, LITTLE SUAMICO, LODI, LOGANVILLE, LOYAL, LUBLIN, LUCK, LYONS, M AND I BANK, MADISON, MAIDEN ROCK, MALONE, MANAWA, MANITOWOC, MAPLE, MARATHON, MARENGO, MARIBEL, MARINETTE, MARION, MARSHALL, MASON, MATTOON, MAZOMANIE, MC FARLAND, MEDFORD, MELLEN, MELROSE, MENOMONEE FALLS, MENOMONEE FALLS, MENOMONEE FLS, MENOMONIE, MERCER, MERRILL, MERRILLAN, MERRIMAC, MERTON, MIDDLETON, MIKANA, MILES KIMBALL CO, MILLSTON, MILLTOWN, MILTON, MILWAUKEE, MINONG, MISHICOT, MONDOVI, MONROE, MONTICELLO, MONTREAL, MORRISONVILLE, MOSINEE, MOUNT CALVARY, MOUNT HOREB, MOUNTAIN, MUKWONAGO, MUSKEGO, NASHOTAH, NEENAH, NEILLSVILLE, NELSON, NELSONVILLE, NEW AUBURN, NEW BERLIN, NEW FRANKEN, NEW GLARUS, NEW LONDON, NEW MUNSTER, NEW RICHMOND, NEWBURG, NEWTON, NIAGARA, NICHOLS, NORTH FREEDOM, NORTH LAKE, NORTH PRAIRIE, OAK CREEK, OAKFIELD, OCONOMOWOC, OCONTO, OCONTO FALLS, ODANAH, OGDENSBURG, OGEMA, OJIBWA, OKAUCHEE, OMRO, ONEIDA, OOSTBURG, OREGON, ORFORDVILLE, OSCEOLA, OSHKOSH, OSSEO, OWEN, PARDEEVILLE, PARK FALLS, PELL LAKE, PEMBINE, PEPIN, PESHTIGO, PEWAUKEE, PHILLIPS, PICKETT, PIGEON FALLS, PINE RIVER, PLAIN, PLAINFIELD, PLEASANT PRAIRIE, PLOVER, PLUM CITY, PLYMOUTH, POPLAR, PORT WING, PORTAGE, PORTERFIELD, POUND, POWERS LAKE, POY SIPPI, POYNETTE, PRAIRIE DU SAC, PRAIRIE FARM, PRENTICE, PRESCOTT, PULASKI, RACINE, RADISSON, RANDOLPH, RANDOM LAKE, READFIELD, REDGRANITE, REEDSBURG, REEDSVILLE, RIB LAKE, RICE LAKE, RICHFIELD, RIDGELAND, RINGLE, RIO, RIPON, RIVER FALLS, ROBERTS, ROCHESTER, ROCK SPRINGS, ROSENDALE, ROSHOLT, ROTHSCHILD, SAINT CLOUD, SAINT CROIX FALLS, SAINT NAZIANZ, SALEM, SAND CREEK, SARONA, SAUK CITY, SAXEVILLE, SAXON, SCANDINAVIA, SCHOFIELD, SEYMOUR, SHARON, SHAWANO, SHEBOYGAN, SHEBOYGAN FALLS, SHELDON, SHELL LAKE, SHIOCTON, SHULLSBURG, SILVER LAKE, SIREN, SLINGER, SOBIESKI, SOLON SPRINGS, SOMERS, SOMERSET, SOUTH MILWAUKEE, SOUTH RANGE, SOUTH WAYNE, SPENCER, SPOONER, SPRING GREEN, SPRING VALLEY, SPRINGBROOK, SPRINGFIELD, STANLEY, STAR PRAIRIE, STETSONVILLE, STEVENS POINT, STOCKHOLM, STONE LAKE, STOUGHTON, STRATFORD, STRUM, STURTEVANT, SUAMICO, SUN PRAIRIE, SUPERIOR, SURING, SUSSEX, TAYLOR, THORP, TIGERTON, TILLEDA, TISCH MILLS, TOMAHAWK, TONY, TOWNSEND, TREGO, TREMPEALEAU, TREVOR, TURTLE LAKE, TWIN LAKES, TWO RIVERS, UNION GROVE, UNITY, UPSON, VALDERS, VAN DYNE, VERONA, WALDO, WALES, WALWORTH, WARRENS, WASCOTT, WASHBURN, WATERFORD, WAUKAU, WAUKESHA, WAUNAKEE, WAUPACA, WAUSAU, WAUSAUKEE, WAUTOMA, WEBSTER, WEST BEND, WESTBORO, WEYAUWEGA, WEYERHAEUSER, WHEELER, WHITEHALL, WHITELAW, WHITEWATER, WI DUD, WILD ROSE, WILLARD, WILLIAMS BAY, WILMOT, WILSON, WINDSOR, WINNEBAGO, WINNECONNE, WINTER, WITHEE, WITTENBERG, WOODFORD, WOODVILLE, WOODWORTH, WRIGHTSTOWN, WYOCENA, ZENDA

Get a Free Assessment today! You have nothing to lose