Happy Holidays from Burr Law Office LLC

As a Milwaukee bankruptcy law office, we spend most of the year crunching numbers, defending and protecting our clients’ financial futures, and otherwise just “getting down to business.” We love what we do and are passionate about it too, but we, of all people, can certainly understand the hectic pace of life and the stress that accompanies everyday life financial matters. Even we need to remind ourselves once in a while that there are other things in life.

This time of year, we find it helpful to stop and reflect on the year past and the year to come. Since we live, eat, and breathe finances the rest of the year, it’s good for us to remember that there is so much more to life than just the stress of financial decisions. To be sure, if you’re facing financial hardship, it can certainly seem like that cloud of hardship hangs over your entire life, and we realize that feeling can be overwhelming.

But at this time of year, it’s great to pause and take note of everything else important in life. It’s a time of year to be together with friends and family, a time to share stories and laugh and turn your thoughts to those who are near and dear in your life.

When you are facing a difficult financial situation, it can be all too easy to let those concerns and worries occupy and control your thoughts. Maybe the issues seem to loom even larger at this time of year as you worry about buying presents, entertaining, traveling, or just taking care of some of the extra expense that comes along with the holiday season.

One of our favorite holidays at Burr Law Office LLC is New Year’s Day. A new year represents a fresh start – a clean slate. It’s a time to nip those bad habits in the bud, recommit to relationships with friends and family, or make a resolution to live a little healthier lifestyle. In a lot of ways, it’s representative of what we help our clients do with their financial situations – get a fresh start and have hope for a prosperous financial future.

So at this time of year, we encourage you to not let your financial hardships get in the way of what’s really important in life and what we celebrate this time of year. Even though your financial issues may be looming large in your mind, make sure to take the time to appreciate friends and family, and take the opportunity to take a step back from the stress you deal with the rest of the year.

And, if it helps you rest a little easier or put your mind at ease, make a plan to give Burr Law Office LLC a call after the holidays or in the new year. As expert bankruptcy attorneys in Milwaukee, it’s our job and our passion to help the good people of southeastern Wisconsin protect their financial futures. We’ve seen just about every financial situation, and we are always ready to give you expert advice and use the laws that exist to their full potential to put you in the best position for success possible.

So from all of us at Burr Law Office LLC, we sincerely wish you a healthy, happy, and safe holiday season. If getting a handle on your less-than-ideal financial situation is in your plans for the new year, we’ll be here ready and waiting to help, and you can contact us anytime to get more information.

“Cheat” Season in America is Officially Here

With Thanksgiving Day quickly approaching, many Wisconsinites consider the “holiday season” to be officially underway. There are so many great traditions that come along with the holidays, and each group of family or friends has their own unique twist on tradition. And whether you really get into the holiday spirit or not, most of us would admit that there is a different feeling in the air around the holidays. It’s a time to be with friends and family, give and receive gifts, eat delicious food, and maybe take some time off of work or go on a winter vacation. For those reasons and others, it’s been called “the most wonderful time of the year.”

Today we are going to discuss an American phenomenon that happens during the holiday season—“cheating.” No, we aren’t talking about cheating on a test or cheating at a game of cards; we are talking about the idea of letting ourselves bend some of our own rules during this holiday season.

Perhaps you or someone you know has been on a diet that has a “cheat day” or “cheat week” built in. The idea is that the dieter is allowed to divert from the strict regimen of his or her diet every once in a while. The thinking is that a little built-in break will make someone more likely to continue the long-term process by not getting too overwhelmed by the constraints of the diet. Sure, a “cheat day” might be a temporary setback in the progress of the diet, but it allows for the long-term goal to be accomplished. It’s like strategically losing a battle in order to win the war.

So it comes as no surprise that, during this time of delicious food and drink, people allow themselves to “cheat.” For some, maybe it’s just suspending the entire diet for a whole month and a half and allowing themselves to indulge in all of their favorite things. For others not specifically on a diet, it might mean they just don’t watch what they eat as much as they usually do. While we’re not qualified nor is it our place to comment on whether or not this is a good idea, I think we can all agree that it is a phenomenon this time of year in southeastern Wisconsin and all over America.

Where does this tie into debt and bankruptcy you may ask? There is another way people let themselves “cheat” during the holiday season that has nothing do with physical health or gaining or losing weight. People tend to let themselves “cheat” financially during this time of year. To be fair, there are expenses that come along with the holiday season that aren’t normally part of a regular budget. Gift giving, entertaining, and traveling tend to be at the top of the list, and these are all good things that would be a shame to miss out on because of a penny-pinching mindset. Unfortunately financial “cheating” can get out of control quickly. For many Americans, rather than making a careful plan about how to pay for some of the extra expenses the holiday season brings with it, they just tell themselves that, for a month and a half, it’s ok to ignore budgets and financial restrictions altogether. Retailers know this and are especially good at cashing in!

For Americans with a lot of disposable income, they may be able to absorb the blow of “cheat season” pretty easily. But most Americans don’t have a lot of disposable income, and “cheating” can have some consequences. Psychologists have actually calculated the most common day—Jan. 24th—that the holiday credit card bills come due, and they have labeled it “the most depressing day in America.” People may have had fun racking up the credit card bill over the holidays, allowing themselves and their family every little indulgence of the season, but didn’t give much thought to having to pay for it a month later.

Like with “cheating” on a diet, we’re also not here to comment on how little or much financial flexibility anyone should allow him or herself during the holiday season. But we’ve found that simply being aware of the phenomenon is half the battle. Understand that you will be tempted to “cheat” quite often this holiday season and make sure you have a plan. If you will allow yourself some flexibility, do it consciously and with a plan. If you need to pick and choose what’s most important to you, think about it ahead of time so that you can do it with purpose.

Finally, if you are feeling the financial burden from “cheat seasons” past or from any other financial setback, please make an appointment to speak with one of our expert Milwaukee bankruptcy attorneys. Whether you need to find out about the bankruptcy process or just have some questions about what your best options are, we are here to help!

The Road to Financial Recovery After Filing for Bankruptcy

Chapter 13 | Milwaukee Bankruptcy AttorneyAs experts in bankruptcy law in Wisconsin, we’ve seen a whole range of financial situations that cause individuals and families to file for bankruptcy. It’s certainly true that no two cases are exactly alike; however, there are very often common contributing factors involved in many of the bankruptcies we see.

As a premiere bankruptcy law firm in Milwaukee, we understand—perhaps more than anyone—the importance of bankruptcy law for protecting the lives and futures of families all over southeastern Wisconsin. Bankruptcy law exists so that people can have a fresh start and get back on the right track with their finances.

As we have mentioned many times in the past, we certainly understand there are many different unique situations that may lead a person or family to decide to file for bankruptcy, and it’s not our intention to paint with a broad brush. But in this post, we would like to talk a bit about some common tips for helping people get back on track after completing the bankruptcy process. While these tips aren’t applicable in all situations, we do find that following these few suggestions can be positive steps for many of our clients.

#1. Start Rebuilding Your Credit

If credit cards put you in a financial hard spot in the past, it’s likely you may be a bit wary of opening another account after a bankruptcy—not to mention the fact that you’ll also likely have a hard time being approved. But what many people don’t realize is that using credit cards is not the only way to build or re-build credit. If you are a renter, you can ask your landlord to report your on-time rent payment history to the credit bureaus. If you have a post-paid cell phone plan, paying your bill on time will also build your credit. And most people have utility bills as well. Pay them on time and in full and you’ll be on your way to building credit—all without having to do any borrowing.

#2. Start a Savings Account

This may seem counter-intuitive, especially if you are working hard just to make ends meet. You might think there is never any money left over for savings, but you may be surprised at how you can push yourself to get creative and make sure you have some money—even if it’s just a very little bit at first—to put away for savings. Research shows that having a savings account acts as a great “safety net” and can often prevent people from turning to things like payday loans or high-interest credit cards for emergencies.

#3. Reduce Your Bills

You might be saying to yourself, “I can’t reduce my bills—they are what they are.” While there are many bills you simply can’t avoid paying, it’s worthwhile to take a good, hard look at what you are paying out every month. Is there anything you can cut out and won’t miss all that much? And for bills that are a “must,” like utilities, find ways to try to decrease them by trying to conserve energy or running the heat just a bit lower. Make a point of using free wifi when available and reduce your cell phone data plan by a few dollars a month. Get creative!

#4. Set a Budget

Studies show many Americans don’t do any kind of household budgeting. Without a budget, it can be very difficult, if not impossible, to keep track of how your money is coming and going. You can’t get control of your money if you don’t know anything about it. Start small if the process seems intimidating. Set a budget for one category, such as food/grocery and see how you do with it. As you get comfortable with tracking your money, start tracking more and more of it until you know how just about all of it is being spent or managed. You’ll be surprised at how much you may be spending on things you don’t think twice about, and you also might be surprised that some items that you assumed were costing you a lot aren’t actually costing you as much as you assumed. Get educated about your money and start making it work for you.

While the above tips certainly won’t apply to everyone, give some of the suggestions a try if you think they may be applicable to you. If you’re facing financial hardship and need information about your options under the bankruptcy law, contact Burr Law Office LLC today and let us work with you to find a solution that truly protects you and your future.

The Truth About Bankruptcy

I’m sure there aren’t too many people in the Milwaukee area who would be surprised to hear that the vast majority of people in southeastern Wisconsin, and America in general, have faced financial hardship at one point or another throughout their lives. There are a whole host of reasons people face these hardships, and there is a huge variance in how long these hardships last. For some people, their hardships may only be temporary and for a very specific and limited cause, and it’s very easy for them to see “the light at the end of the tunnel.” For others, it may seem the financial hard times will never end…and they just can’t imagine getting to a better place in terms of their finances.

It’s also true that sometimes it’s a matter of perspective. I think we have all heard of an actor or athlete who made millions of dollars and ended up broke only a few years later. They may consider “financial hardship” as being no longer able to afford any sports car they desire. Conversely, someone used to living on a much smaller salary may only consider themselves to be facing “financial crisis” when they no longer have the bare minimum to pay their bills and feed their family. Needless to say “financial hardship” can sometimes be just as much a matter of external situations, perspective, and duration as it is about simple dollars-and-cents math.

Today’s post is titled “The Truth About Bankruptcy” for good reason. We want to take a look at some of the nuances of bankruptcy as well as some of the positives and negatives of using bankruptcy law to address a financial hardship. At Burr Law Office LLC, we’re committed to, first and foremost, doing what is in your best interest. While bankruptcy can be a great tool for some situations, we also want to work with you so that you will fully understand how it will affect you – and how you can best protect your future and your family’s future in your unique situation.

First of all, it’s important to understand that bankruptcy will affect your credit history. Depending on which type of bankruptcy you file, it may be either seven or ten years. While this may affect your ability to make some major life purchasing decisions, it may also not hinder certain other decisions (ones you may have assumed it would). When we work with you, we want you to have a complete understanding of the process and what it will mean for you going forward. Depending on upcoming purchases or life situations, alternative solutions may be considered. These considerations may also determine which type of bankruptcy to file.

Second, it’s also important to understand that bankruptcy can be a great tool to help you protect you and your family’s future. While the idea of having a bankruptcy on your credit history may sound unappealing, there are many cases where getting out of debt and starting over with a clean slate is definitely the best option. There are countless stories of people who have used bankruptcy to start over and have ended up coming out of the entire process in a much better situation. For some, they have even used the process and the experience to teach themselves about managing money and become very savvy – and even wealthy – as a result.

At Burr Law Office LLC, our bankruptcy attorneys always want to be upfront and honest when we deal with our clients. We’ll always tell you the truth about bankruptcy, and that means sometimes there will be difficult decisions to make. No matter what we do, we’ll always look out for your best interests and work to protect your financial future. For us, that means we will tell you what to expect when filing for bankruptcy, even if it may be something unpleasant. On the other hand, we’ll also be honest with you about letting you know when filing truly is your best option – and the best thing you can do to protect your future.

If you’re facing financial difficulty and need to know what your options are, call Burr Law office and set up an appointment with one of our skilled Milwaukee bankruptcy attorneys today. We’ll provide you with real, honest, no-nonsense information about your options. Our commitment to all of our clients is to always look out for their best interest. When you meet with us, you’ll understand why thousands of clients have trusted us to protect their financial future.

The 2016 Rio Summer Olympics are Over, So Why Are Some Athletes Filing for Bankruptcy?

The 2016 Rio Summer Olympics are now, just recently, over. Many predicted the summer games would be surrounded by controversy, scandal, crime, and a myriad of other problems. Though we don’t have all the facts from the recently concluded games, it’s probably safe to say things went better than most of the critics and media expected. Certainly, there were hiccups and small, unforeseen issues that came up; however, most of the events went off without a hitch. And that’s good news for fans of the games, and for the country of Brazil too.

There were plenty of great storylines from the Olympic games, too – whether it was the first-ever appearance of the refugee team comprised of people who fled their war-torn countries, or a “rags to riches” story about an athlete that grew up in poverty in the American south.

Once the Olympics are over, though, most of us just forget about most of the athletes and many of the sports. How many people regularly follow competitive diving? What about professional table tennis? Except for the participants in main-stream sports like soccer and basketball, these athletes only get their “fifteen minutes of fame” for two weeks every four years.

So what happens to these champions after the games are over and they go home? As a law firm that specializes in bankruptcy in southeastern Wisconsin, we’d like to take a brief look at the financial implications being “the greatest in the world” bring with it.

For hyper-focused athletes, you probably wouldn’t be surprised to find out training is their job – they eat, sleep, and breathe their sport. In the case of basketball stars and soccer players, that is usually ok from a financial standpoint. They can join a professional league and be paid to play their sport and to train. But what if your sport is judo or canoeing? Athletes must spend their time training, sometimes at great expense, but with little chance to cash in on their status as “greatest in the world.”

It’s true that winning a gold medal brings along with it prize money. Some countries reward their athletes quite handsomely for winning the top prize in their respective sports. Taiwan, for example, pays almost one million dollars for a gold medal at the Olympics. Most countries, however, pay much less. The U.S. Olympic Committee, for example, pays $25,000 in prize money for an Olympic gold.* Certainly, this isn’t chump change. However, if this is really your only chance to make money on your sport, you can see how a mere $25,000 every four years won’t go very far. Because this is considered “prize” money, Uncle Sam takes his fair share too, leaving a U.S. Olympic gold medal-winning athlete with more like $15,000 for his or her efforts.

So…it’s not hard to see that, for some athletes, their passion and dedication to their respective sports can leave them in a tough financial position. It’s not surprising then that many athletes in some of the lesser-known sports find themselves filing for bankruptcy. While we all like the “feel good” stories that air during the Olympics, the coverage doesn’t always emphasize just how tough on family life or financial life being an elite athlete can be.

It’s good for us all to remember even the “greatest athletes in the world” also face financial hardships. When dealing with financial issues, it’s important to understand people in many different walks of life face these issues, for many different reasons. The reasons for bankruptcy are as diverse as the people filing.

If you’re facing financial hardship and need advice about the best way to protect yourself, your family, and your future, contact the Milwaukee Bankruptcy attorneys at Burr Law Office LLC. We are always here to help and want to help put you in the best position possible to succeed in your finances.

*For more information on prize money by country, see this article. http://edition.cnn.com/2016/08/19/sport/olympic-rewards-by-country/

купить деревянные окна минск

Small Expenses That Have a Big Impact

It would be an understatement to say that there are many approaches to managing money. In fact, it seems that no two people manage money exactly the same way. Some people live fugally out of necessity, and some live frugally by choice. Others work hard at saving. And still, some seem to spend lavishly but never seem to run out of money. If there’s one thing that’s certain, it’s that a one-size-fits-all approach to managing money simply isn’t effective – everyone’s situation and everyone’s priorities are different.

But there is one phenomenon when it comes to money that we think is probably more common than not. Though it takes many different forms, most people in Milwaukee, southern Wisconsin, and America in general would probably admit they struggle with those little expenses that seem insignificant at the time but slowly add up to cost quite a bit of money. The biggest problem with these sneaky expenses is that most of us probably don’t think about them very often and before we know it, the money is spent.

As with just about everything in life, you can’t fix a problem if you don’t identify it first. And certainly not every one of these little expenditures is a “problem” – we’re not suggesting that. The key is to be aware of where your money is going and, most importantly, realizing that you are spending it. That being said, take a minute to think about your “small expenses” and whether or not they are adding up to make a big financial impact. That $3 cup of coffee a few times a week may seem insignificant, but it’s a big expense over time. Take this as an example:

One financial planner tells the story of a married couple of young, successful professionals. When they came to him for advice, they explained that, even though they were each making six-figure salaries, had no kids, and weren’t living in an extravagant house, they just never seemed to have any extra money around for retirement or savings or any special projects. After taking them through an exercise where he asked them to think about their “typical day,” he realized they were each making three stops per day for premium coffee—before work, during lunch, and after work. When he did some math, he showed them that they were spending almost $20,000 a year on coffee!

While a story that extreme probably isn’t very common, the phenomenon is all too common. Many of us probably couldn’t spend $20,000 a year on coffee and not notice it, but we probably could do without an extra trip to the vending machine each day, one fewer pair of shoes each month, or packing a lunch from home a couple times a week instead of going out every day. We’d like to encourage you to think if there is anything in your life that you wouldn’t miss terribly, and then calculate how much you spend on it in a week…or a month…or a year. You may be surprised.

Finally, we aren’t suggesting that anyone go without simple joys in life. Sometimes the expense is worth it. We are only suggesting that sometimes money can slip through all of our fingers without any of us ever really noticing it. The key is being in control and acknowledging the small expenses in your life so they don’t add up on you unknowingly. Perhaps the money you save will allow you to take an extra couple days of vacation or buy a car a couple model years newer.

As Milwaukee bankruptcy attorneys, we at Burr Law Office LLC certainly are not suggesting that small lifestyle changes will turn your finances around immediately. Financial planning, which includes considering bankruptcy, requires consideration of many different factors. At Burr Law Office LLC, we’re always ready to help you evaluate your situation and present you with options that you have under the law to protect your own financial well-being, your future, and the future of your family.

If you are facing tough financial decisions, please schedule a consultation with one of our Milwaukee bankruptcy lawyers today and see how we can help you. We are committed to helping good people make the best out of their tough situations, and we are experts at doing it.

It’s the Economy!

how the economy affects debt professionals and finances in MilwaukeeWhen working for the Bill Clinton campaign in 1992, political strategist James Carville came up with three key campaign talking points to keep staffers on message and hung them up for everyone to see in Clinton’s Little Rock, Arkansas campaign headquarters. They were:

  1. Change vs. more of the same
  2. The economy, stupid
  3. Don’t forget health care

Though these talking points were really only ever intended for campaign staffers and other insiders, they kind of leaked their way outside and became key themes the public started to associate with the Clinton campaign. Number two especially resonated with people, and soon Clinton supporters all over were saying, “It’s the economy, stupid!” The Clinton campaign and his supporters truly understood how important the issue of having a robust economy was to the majority of Americans. They decided if they could make the best case about ultimately taking care of the pocketbooks of the people of the U.S., they could win the election. In short, they understood money has the power to motivate people.

Even though quite a bit of time has passed since 1992, poll after poll still shows voters most often say the economy is the number one factor they consider when casting their votes. Needless to say, there are many different opinions about how to go about creating a strong economy, and it’s certainly not our place here to weigh in on policy, but since 2016 is a presidential election year, we know the state of the economy will certainly be discussed more and more as November approaches. In all reality, the candidate who convinces the American public he or she will do the best job handling the economy may very well be the winner of the White House and become our next president.

So now that we’ve established “It’s the economy” people care about, what do you think? When people stop and think about it, the state of the economy really does often times have a huge, direct impact on the lives of many Americans. For example, a poor economy may mean the loss of a job. The loss of a job has a huge, immediate effect on a family. Or maybe it’s not the loss of a job altogether, but it’s a stagnate salary or wages while cost of living prices continue to climb.

Conversely, when the economy is strong and people are making more money, they’re often spending more, saving more, and are better able to pay their bills. Perhaps the need to finance items or borrow on credit cards isn’t as strong as it is in times of financial hardship. To be sure, every person and every family is different; however, I think it is safe to say most Americans prefer the economy be strong and that all working Americans are able to make ends meet.

When we discuss bankruptcy and indebtedness, it’s important to remember the economy can often have a huge impact on the trends we see in our office as Milwaukee bankruptcy attorneys at Burr Law Office LLC. From this standpoint, we understand why so many people see the economy as the number one issue. No one likes going through financial hardships, and, when a weak economy makes getting out of a financial hole even harder, it’s no wonder people want to see it given top (or near top) priority by our elected officials.

Needless to say, there are a variety of different political issues that good-intentioned citizens can debate and disagree about. And, for some voters, there may be issues that are more important to them than the economy. But when we look at the profound impact the American economy has in the lives of individuals and families, it is quite easy to understand why this one issue seems to be pretty high on the priority list for most American voters.

So whether the economy is struggling or humming along, we understand that sometimes people need the help of experts and the help of bankruptcy laws to help them out during a troubling financial situation. At Burr Law Office LLC, we always work with the best interests of our Milwaukee area clients in mind, and we work to protect the future and the financial well being of you and your family. In all types of economic climates, we’re here to serve you. Give us a call today and find out how we can help you.

Important Factors in Making a Decision about Bankruptcy

For most people, the decision of whether or not to file for bankruptcy is not one to be taken lightly. After all, there are implications that go along with the decision. Today we’d like to take a look at a few things you should think about and discuss if you find yourself making the decision of whether to file for bankruptcy.

First of all, it’s important to reiterate that everyone’s situation is unique, and there are no “one-size-fits-all” approaches to handling financial matters. Similarly, not everyone is in the same place in life either, and all those factors need to be taken into account when making a big financial decision such as whether or not to file for bankruptcy. Because of the case-by-case nature of bankruptcy, it’s always best to consult a qualified bankruptcy attorney to discuss your options and to explain your specific situation. These attorneys are trained and are experienced and will be able to give you advice based on the information you have given them.

That being said, there are a few things most people can think about when deciding whether or not to file for bankruptcy – these are very common considerations which are likely to apply to many people, despite their different places in life and different situations.

First of all, if you do decide filing for bankruptcy is your best option, you’ll have to determine which type of personal bankruptcy to file. This decision is best made in consultation with your attorney, as each type makes sense in certain situations. Chapter 13 bankruptcy creates a repayment plan in which the filer uses a payment plan to pay off his or her debt in three to five years. This is often chosen if there was a temporary event that caused someone to get behind financially, such as a loss of a job, that has since been rectified. Chapter 13 allows you to keep your assets while requiring you to repay your missed payments via your payment plan.

Chapter 7 bankruptcy wipes away all debt, and this option is often chosen when debt is extremely high or when there is simply not enough income to come up with a payment plan. There are laws requiring being qualified for chapter 7, so this is not always an option for everyone.
Another thing to consider is whether you’ve had a major life even lately. Maybe completely out of your control, a major medical event, divorce, or loss of a job might have increased your debt significantly or reduced your income significantly. A qualified attorney can help you evaluate your situation and help you decide what your options are.

There is then the matter of considering how bankruptcy will affect your credit. Typically, a bankruptcy will stay on your credit report for about ten years. But, depending on what your current financial situation is, a bankruptcy can actually help improve your credit score in as little as a year or two. If you’ve missed payments and have bill collectors or other agencies reporting your missed payments, getting on a chapter 13 payment plan together and starting to rectify the debts and missed payments can actually help you to boost your credit score. If, however, you have plans to buy a house in the next few years, or if you know you will need an auto loan or need to take out a line of credit, you may want to re-consider bankruptcy unless it is absolutely necessary. It might be very hard to make any of these things happen with a recent bankruptcy on your credit report.

If you have any joint accounts, another thing to consider is how bankruptcy will affect these. While bankruptcy will dissolve your financial obligations, if you have a spouse or someone else on a joint account, that co-signer will now become solely responsible for the debt. This is common after a divorce. One way to avoid this from happening is to pay off the debt before filing or by placing the debt into only one person’s name.

Finally, it is important to know that filing for bankruptcy is a matter of public record. Anyone who is interested can look into this information. Many times, people don’t realize this or bother to look; however, you should be aware that it will be a matter of public record and available for anyone who would want to look into it. Depending on your public profile, this piece of information might help you make your decision.

At Burr Law Office LLC, as expert Milwaukee bankruptcy attorneys, we want to help you make the right decision for your unique situation by taking all the factors into account. If you are considering bankruptcy as an option, talk to us and get the benefit of our expertise and experience. Call today!

The Role of Emotions in the Bankruptcy Process

If you’re facing a difficult financial situation in your personal life, chances are your emotions may be running high. If you have a spouse or family, you might be feeling stressed out even talking about finances with them. Or perhaps you’re having feelings of guilt regarding your situation. We’ve written previously about guilt and bankruptcy, and why there is no need for it in the bankruptcy process, and it’s not our intention to cover that in this article again; however, we do recognize that the emotional component does play into your overall view of debt and bankruptcy – and how you go about trying to make a decision regarding the best way to help your situation.

First, and most importantly, we need to acknowledge that everyone handles challenges in life differently. Some people are able to handle adversity with an almost stoic attitude. For others, they may make it intensely personal and let it control their thoughts and actions. We certainly don’t intend to suggest that one approach is better than the other, but it is important to look at the roles, both good and bad, emotions can play in handling debt and bankruptcy. Understanding yourself and how you deal with adversity can be very helpful in evaluating financial situations both at the present time and moving forward.

First of all, let’s take a look at some cases in which too many emotions can be a negative in dealing with debt, bankruptcy, or other financial challenges. When dealing with finances, it’s all about numbers. Numbers are inhuman. They can’t be empathetic or take into account an individual’s situation. Numbers are numbers and they are what they are. Sometimes, people may try to convince themselves that they can get out of debt themselves if they just work hard enough or are disciplined enough about it. Other times, people may feel defeated and simply decide on complete inaction when dealing with their finances. In both cases, it can be extremely helpful to meet with a professional bankruptcy attorney who can help you objectively look at the situation. At Burr Law Office LLC, we’ve seen thousands of cases in and around Milwaukee and we will be able to give the right advice based on our experience and our ability to evaluate the numbers. In a sense, it’s our job to look at the raw numbers so that we can help you make the decision that will best protect you and your future.

Just as your emotions surrounding debt and financial issues can sometimes muddy the waters while you try to look for the best solution, they can be a good thing too. Even while working with professional bankruptcy attorneys like those at Burr Law Office LLC, your individual emotions and insights provide invaluable information to us. We need to know what is most important to you as we work to protect your future and the future of your family. If there was a situation that you want to share with us that will help us understand your unique circumstances it will give us good insight into how we should structure things or if there are certain, specific things we can do that will be to your advantage.


Finally, it can’t be stressed enough that it’s OK and normal for emotions to run high during difficult financial times. After all, even though money itself is inhuman, it affects so many things in our lives from where we live, how we live, how we provide for our families, and so much more. It is inevitable that these issues will tug at our emotions and cause stress. The biggest thing to remember, though, is to use emotional responses appropriately and not let them interfere with what’s ultimately in your best interest.

At Burr Law, we want to work with you to get you the best results possible for you, your future, and the future of your family. As experienced professionals, we will help you use the emotions surrounding your bankruptcy to your best advantage when appropriate and also help you focus on the objective data and raw numbers when that is appropriate. In all things, we work for you as your advocates, and with our talented and experienced team, we can provide you unparalleled insight.

So, if you are going through a financially difficult time and need to talk to seriously about your best options, please don’t hesitate to give us a call. You can always be sure we’ll give you the sound financial advice that you need.

testodex 100

Working With Your Bankruptcy Attorney

For many people, making the decision to file for bankruptcy is a decision that comes with a lot of thought and consideration and perhaps some professional counsel. Depending on the situation, it can be an emotional process with many nuances and facets that are unique to each individual case. As bankruptcy attorneys, we at Burr Law Office LLC understand this and keep this in mind in everything we do when we are working with our clients in Milwaukee.

Because of the fact everyone’s financial situation is unique, we are going to look at why going through the bankruptcy process is best when we are working together.

First of all, the knowledge of your own situation is invaluable. Even though we’re experts in bankruptcy law, we simply cannot have the same insight into your financial picture that you have. We can’t make decisions for you about what aspects of your financial life are most important to you. We can’t know how you’ve arrived at your current financial situation. All these factors are important to putting together the best plan for you going forward. When we know your history and what’s most important for you, we can work to structure a plan that is tailored to your specific wants and needs.

But even though you know your financial history and what is most important to you, there is another important aspect to filing for bankruptcy, and that is where we come in as your Milwaukee bankruptcy lawyers. As experts in bankruptcy law, we know how to use law to your maximum benefit. We know how to make sure you come out of the entire process in the way that will be most beneficial to you and your financial future. Remember, bankruptcy laws exist to protect you, your family, and your financial future and well-being. We always keep this in mind as we work with you.

So now that we’ve established that both you and your attorney play vital roles in the bankruptcy process, it’s important that we stress the value of communication. In order to make sure we achieve the most beneficial result, we need to be communicating throughout the entire process. We can’t have the combined benefit of your knowledge and ours if we aren’t communicating. It may seem like a trivial point, but it’s of critical importance in putting you in the best situation possible.

As bankruptcy attorneys, too often we hear stories of people who tried to handle their bankruptcy largely by themselves. For a variety of reasons, people may sometimes feel it is best to handle this process by themselves as much as possible. We do understand why some people feel this way; however, without the expert advice and guidance of experienced and qualified bankruptcy lawyers, there is a big risk of missing out on absolutely maximizing your benefit and putting yourself in the best position for your future and the future of your family.

Conversely, we also hear stories of the opposite problem. Some bankruptcy law firms don’t communicate or even care to learn about their clients’ financial history. Without this critical information, they can’t properly structure the case for maximum benefit to their clients. You should be wary of bankruptcy attorneys who don’t ask you questions and actively engage you in communication about your financial situation. Remember, your attorney needs your insight just as much as you need his or her expertise.

steroids for sale

At Burr Law Office LLC, we pride ourselves on our excellent communication with our clients as well as our expertise in bankruptcy law. We are always looking to maximize the benefit this process can provide to you. Sometimes this means finding creative solutions that take into account both your insight and our expertise. Without working together, this simply wouldn’t be possible. Though our approach may seem obvious, it’s surprising how many attorneys out there don’t share our philosophy. They lose sight of the ultimate goal of the bankruptcy process—to put the client in the best situation possible and to protect their future. We never see the bankruptcy cases we handle as merely paperwork to file and be done with. We understand that there are people behind the numbers, and there is a real life impact of going through the bankruptcy process.

If you are ready to file for bankruptcy, or if you need more information about the process and advice about making a decision about the best way to proceed regarding your financial future, please contact us today. In everything we do, we’ll always listen to you and your unique needs and work with you to come up with the best solution possible.