Bankruptcies decreased by about 10 percent, with approximately 27,000 bankruptcies filed in the state last year.  Chapter 7 bankruptcy was the most popular type of bankruptcy in Wisconsin, accounting for almost 80 percent of the state’s total bankruptcy petitions.

Chapter 7 bankruptcy allows unsecured debts like credit card debt to be eliminated, and provides liquidation exemptions for certain types of property.  In addition, by filing for Chapter 7 bankruptcy, one is able to improve their credit score.

To learn more about filing for Chapter 7 bankruptcy in Milwaukee, contact the Milwaukee Chapter 7 bankruptcy attorneys of DeLadurantey Law Office, LLC by calling 414-377-0518 today.

Steinberg currently owes $1.4 million in a lease for a property in Newport Beach.  The Chapter 7 bankruptcy filing lists total debts between $1 and $5 million, and only one asset of $475,000 in stock.

The sports agent said he accumulated debt while he was in rehab to recover from an alcohol addiction, and his business suffered as a result of these debts.  Steinberg says he has been sober since 2010.

Contact the Milwaukee Chapter 7 bankruptcy lawyers of DeLadurantey Law Office, LLC at 414-377-0518, if you are considering filing for bankruptcy and would like to learn more about your options.

One of the projects City Year planned involved 5 hours of work to beautify and repair Alexander Hamilton High School.  More than 50 students showed up at the school on their day off to help with the projects.

City Year of Milwaukee used a grant from Volunteer Wisconsin to purchase equipment and materials needed for their MLK Day service projects.  Volunteer Wisconsin helps organize service projects and groups throughout the state.

The Milwaukee bankruptcy lawyers of DeLadurantey Law Office, LLC would like to thank all who participated in service projects to better the community, Milwaukee, and the state of Wisconsin.  Read more about some of the MLK Day of Service events at the Milwaukee Journal Sentinel website.

Based on this information, approximately 1 in every 175 Americans filed for Chapter 7 or Chapter 13 bankruptcy in 2011.  17 percent fewer Chapter 7 bankruptcies and 25 percent fewer Chapter 13 bankruptcies were filed in the U.S. last year.

Chapter 7 bankruptcy and Chapter 13 bankruptcy are the most frequently filed types of bankruptcy.  Under Chapter 7 bankruptcy, individuals liquidate some of their assets to pay off their debts, and under Chapter 13 bankruptcy, filers create a repayment plan to repay creditors over a certain time period.

If you or someone you know has questions about filing for personal bankruptcy in Milwaukee, contact the Milwaukee personal bankruptcy lawyers of DeLadurantey Law Office, LLC by calling 414-377-0518 today.

Along with $117,000 in unpaid child support and nearly $28,000 in school costs for his daughter, the 35 year-old owes $1.2 million to casinos and $2 million on a house he bought his mother. Walker is on probation after pleading guilty to not paying $750,000 he owes to three different Las Vegas casinos.

During his 13 year career in the NBA, he is estimated to have earned $110 million.

If you or someone you love is struggling with the difficult realities of heavy levels of debt, contact the Milwaukee Chapter 7 bankruptcy attorneys of of the DeLadurantey Law Office, LLC by calling 414-377-0518.

For the past two years Saab has tried to revive its company with its last attempt thwarted by General Motors, which owned the company for twenty years. Saab was trying to transfer technology to Chinese investors who planned to save the firm, but GM refused since it still owns some of Saab’s technology licenses. Experts say, however, that Chinese investors would not have been able to save Saab.

Saab is expected to be liquidated with GM buying its patent rights to use on existing or new models.

If you are having financial trouble and considering filing for bankruptcy, contact the Milwaukee bankruptcy lawyers of the DeLadurantey Law Office, LLC at 414-377-0518.

Southeastern Wisconsin includes Milwaukee, Kenosha, Racine, Ozaukee, Washington, Walworth, and Waukesha counties.  November was only the second month of the year in which foreclosure filings in southeastern Wisconsin reached over 1,000 filings.  From January 2010 through November 2010, total monthly foreclosures were higher than 1,000 six times.

For the first 11 months of this year, foreclosure filings in southeastern Wisconsin totaled 9,763 — a 14 percent decrease from foreclosures filed in the same time period last year.

Experts say foreclosures increased in November because some cases that were delayed because of paperwork issues have moved on to being processed through the foreclosure system.

To learn more about how to defend your home from foreclosure, contact the Milwaukee foreclosure defense attorneys of DeLadurantey Law Office, LLC by calling 414-377-0518 today.

Since 2000, American Airlines has only ended the year with a profit once and since 2001, the airline has lost more than $11 billion.  According to the company, recent high fuel prices led officials to finally file for Chapter 11 bankruptcy.

Executives insist that their customers should not notice any changes to flights or service while they reorganize the business and pay off creditors.

The bankruptcy filing shows American Airlines to have around $4.1 billion in investments and cash that will allow them to continue operations.

Contact the Milwaukee bankruptcy attorneys of DeLadurantey Law Office by calling 414-377-0518, if you or someone you know has questions about filing for bankruptcy and would like to speak with an experienced and compassionate bankruptcy lawyer.

The bankruptcy filing shows that most of the singer’s debt is related to mortgage payments on a $1.2 million home.  Watkins, a four-time Grammy award winner, and the rest of TLC filed for Chapter 11 bankruptcy in 1995 at the height of their popularity.

Now, the singer earns about $1,200 a month in royalties for the band’s music.  Sources report that she is owed around $250,000 in child support from her ex-husband.

Furthermore, the bankruptcy filing reveals that the singer’s current monthly income is $11,700.  The filing also shows that Watkins spends around $8,821 every month.

If you or someone you know would like to learn more about managing debts through debt negotiation, contact the Milwaukee debt negotiation attorneys of DeLadurantey Law Office at 414-377-0518 to discuss your situation with one of our experienced bankruptcy lawyers.

Quinn was once the richest man in Ireland with a personal worth of around $6 million.  The businessman earned his money by selling gravel and sand from a farm his father owned.  This business turned into a billion-dollar mining manufacturing business.  In addition, the billionaire worked in real estate and insurance.

When the nation’s economy and property market began to suffer in 2008, unfortunately, some risky investments Quinn had made became worthless.

If you or someone you know needs to file for personal bankruptcy and would like the assistance of an experienced bankruptcy attorney, contact the Milwaukee personal bankruptcy lawyers of DeLadurantey Law Office, LLC at 414-377-0518 to learn more about how we can help you.