This page contains general information. Contact a WBG attorney for specific advice.
I just can’t pay my debts. What should I do? It turns out you have several choices, including some bad ones. Here are the good options:
- Do nothing. (Yes, sometimes doing absolutely nothing is the best solution.)
- Dispute the debts.
- Negotiate a payment plan or a lump sum payoff.
- Do a Wisconsin state court payment plan (a “Chapter 128“).
- Do a bankruptcy.
And it gets even more complicated because, if you qualify, you can choose from up to four different types of bankruptcy – Chapter 7, Chapter 11, Chapter 12, or Chapter 13. Further, even if you should do a bankruptcy it may make sense to postpone filing to maximize the benefit. Or there may be reasons for you to file as quickly as possible.
What should you do? Just as you would want a doctor to explore all of your options before doing an amputation, you want an attorney who will take the time to get to know you and your particular situation before recommending a bankruptcy. For your answer to the question “Should I file a bankruptcy?” contact one of our contact a Wisconsin Bankruptcy Guide attorney for a personal and confidential debt relief consultation.
More frequently asked questions.
This page contains general information. Contact a WBG attorney for specific advice.
Wisconsin Bankruptcy Guide is provided by law firms designated as Debt Relief Agencies by the federal government because we help people file for relief under the Bankruptcy Code. We also provide other types of debt relief options.
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