Chapter 128 Debt Relief
Chapter 128 is a little known form of debt relief that is exclusively available to Wisconsin residents. While it has many similarities to bankruptcy, you are not required to file for bankruptcy to take advantage of Chapter 128. If you are burdened with a significant amount of debt and are seeking debt relief, this may be an ideal option for you. Contact the Milwaukee Chapter 128 attorneys of the DeLadurantey Law Office, LLC today at 414-377-0518 to discuss your legal options.
What is Chapter 128?
Chapter 128 is a Wisconsin statute that allows residents to minimize their debt without having to file for bankruptcy. Having this option has become especially important since 2005, when the U.S. government made it more difficult for people to file for bankruptcy. Depending on your financial situation, Chapter 128 may be the ideal option for settling your outstanding debts. Some of the key features of Chapter 128 include the following:
- Opportunity to pay back unsecured debts in monthly installments
- 36-month window for paying off debts
- Interest cannot accrue on unsecured debts after you file
- Stops all wage garnishments and utility disconnections
- Stops phone calls from creditors
- Protective order requires creditors to accept Chapter 128 conditions
If you are struggling with a large amount of debt and cannot or do not wish to file for bankruptcy, Chapter 128 could be a preferable alternative. At the DeLadurantey Law Office, LLC, we are committed to helping you pay back your debts so that you can regain financial stability.
Contact Us
If you are interested in taking the first step to secure your financial future, our attorneys have the knowledge and experience to assist you. To learn more about the filing process and your debt relief options, contact the Milwaukee Chapter 128 lawyers of the DeLadurantey Law Office, LLC by calling 414-377-0518.