Credit Card Debt Consolidation
Credit Card Debt Consolidation Plan. Did you know in many states, like Wisconsin, you can consolidate into one payment your credit card debt, medical bills and other bills? It’s true. In fact, regardless of your credit history, certain states offer non bankruptcy programs which consolidate your bad debt into one monthly payment. And the best part is you do not pay interest. The interest is wiped out! Read more
You Are Not Alone … Debt is Deep Within the American Fabric
First, let’s get one thing clear right now . . . YOU ARE NOT ALONE! O.W.D Law represents many people from all walks of life, all ages and all income, from teachers to construction workers to doctors to sales professionals to single parents to even other lawyers. You see, debt is like an illness; it affects people of every age and every income group. So don’t be ashamed, bad debt affects all people. Read more
Recognize the Truth About Creditors
You need to know the truth. Banks, credit card companies and the IRS are not your friends, they are your problem. You may wrongly think because you had a pleasant telephone conversation with your banker or credit card company, they want the best for you and your family. Read more
Asset Protection Planning … Then Wipe Out Your Debt
In just 60 seconds we’ll discuss bankruptcy below, but whether you file for bankruptcy or not when you come to O.W.D Law the first thing we’re going to do is discuss whether you have any property which could be in danger. Read more
Chapter 7 Bankruptcy
In a bankruptcy case under Chapter 7, a lawyer will file a petition on the client’s behalf asking the court to eliminate your debts. There is no monthly payment plan to creditors. If you are behind on the payments on a mortgage or car loan, a Chapter 7 case probably will not be the right choice for you. That is because Chapter 7 bankruptcies do not eliminate the right of mortgage holders or car loan creditors to take your property to cover your debt if you are behind on your debt at the time you file. Read more
Chapter 13 Bankruptcy
In a Chapter 13 case you file a “plan” showing how you will pay off some of your past-due and current debts for a period of three (3) years. It can be up to five (5) years if you need more time. Here are some examples of when a Chapter 13 can help you. Read more
Is Bankruptcy Right For You?
What is bankruptcy? Bankruptcy is a legal proceeding in which a person (or a husband and wife) who cannot pay his or her bills can get a new fresh financial start. The right to file for bankruptcy is authorized by federal law. Filing bankruptcy immediately stops all of your creditors from calling you, writing you and seeking to collect debts from you, at least until your debts are sorted out according to the law. O.W.D Law will put a STOP to phone calls and letters once you hire our firm. Read more
What Type of Bankruptcy Should You Consider?
There are several types of bankruptcy. But let’s talk only about the three (3) types which you should know about. Read more
Who Can File Bankruptcy?
Bankruptcy can be filed by an individual or by a married couple filing together. In some cases it’s advisable for one spouse to file and not the other. A good debt and credit attorney will know how to work in your best interests.
What Property Can You Keep?
A good debt and credit lawyer can protect all or most of your property from creditors even if you need to file for bankruptcy. It is important to keep in mind that when you file for bankruptcy can be VERY IMPORTANT. Timing is everything … an experienced debt and credit lawyer can tell you when to file. Read more