Burr Law Office Blog

Can You File Bankruptcy on IRS Debt?

Unpaid taxes can add up to a huge financial burden, especially on top of all your other expenses. And with more and more people freelancing and the gig economy in full swing, it’s not uncommon for people to have IRS debt. If you’re feeling overwhelmed by your financial situation, you may be considering bankruptcy. Bankruptcy […]

Options and Consequences of Debt Relief

When you have significant debt it can do so much more than eat up your income. Constant worry about finances can affect your relationships and your physical and mental health. So when you see the words debt relief, it’s easy to concentrate on the “relief.” It’s important, though, to understand all your options and what […]

Things to Know About Chapter 13 Bankruptcy in Wisconsin

There are two main types of bankruptcy that individuals can pursue, Chapter 7 and Chapter 13. This post focuses on Chapter 13. Chapter 13 bankruptcy acts more like a reorganization than anything else. It’s often called the “Wage-Earner’s Bankruptcy,” because it is designed for someone who has a regular income, but has become overwhelmed by […]

Is It Better To Have A Foreclosure Or Bankruptcy?

When you’re feeling extreme financial pressure, especially when it involves being behind on your mortgage, you probably feel assaulted on all sides. It might be easiest to avoid dealing with the situation, but we all know that ignoring it won’t work for long. In this post, we’ll explore what foreclosure and bankruptcy actually mean; in […]

Preparing to File for Bankruptcy in Wisconsin

You might think that making the decision to file for bankruptcy is the only real preparation necessary. However, whether it is Chapter 7 or Chapter 13 bankruptcy you plan to pursue, careful preparations need to be made in order for the bankruptcy code to work to your advantage. It is vital to work with bankruptcy […]

What Happens to Your Credit Cards When You File for Bankruptcy?

When your financial situation is overwhelming, you may consider filing for bankruptcy. One of your worries might be what would happen to your credit cards should you pursue bankruptcy. That’s a legitimate concern; you may well lose access to your credit cards. Then the question becomes whether filing bankruptcy would bring more benefits than the […]