Sunday, 8 April 2012

Bankruptcy Alternative: Chapter 128 Helps Wisconsin Debtors Regroup, Repay

Bankruptcy should be a last resort for people facing more debt than they can possibly repay. But stuck somewhere between people who can't pay and those who can is another kind of debtor: the debtor who can pay if he or she can get payment terms adjusted. Oftentimes, debtors work directly and successfully with creditors to negotiate new payment terms, but for those unable to negotiate feasible terms, Wisconsin has another option. It's a debt amortization proceeding, commonly referred to as a Chapter 128.

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Anna Smith said...

In my point of view bankruptcy is not always the right option because it has serious consequences as well for many years .
Take help to visit

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