The U.S. House of Representatives has been debating a bill that would change the bankruptcy laws for student loan debtors. The bill, known as the Student Borrower Bankruptcy Relief Act or H.R. 2648, would make it easier to discharge student loans in bankruptcy by...
Steinhilber Swanson LLP Blog
How divorce can impact businesses
Nearly half of all American marriages end in divorce. People in Wisconsin are well aware that the division of assets often is one of the most bothersome parts of the whole process. What some individuals may not understand is that getting divorced can have a big impact...
What farmers need to know about estate planning
Many farm owners in Wisconsin want to preserve their farm so they can pass it down to the next generation. However, if they don't keep their estate plan up-to-date, their immediate family might be facing a legal battle after they pass away. Here's some common estate...
Post-bankruptcy mortgage possibilities
Bankruptcy, though a stressful process, can provide some benefits to the individual who is filing for bankruptcy protection. While no one wants to file for bankruptcy protection, doing so does provide the chance for someone to start over financially although there are...
Why are millennials in Wisconsin more likely to sign prenups?
In past decades, prenuptial agreements (or "prenups") were stigmatized and treated like a bad omen. But in modern times, prenups have become more popular than ever. An increasing amount of millennials are signing prenups before they get married. With a prenup, people...
The importance of discovery in divorce
If your Wisconsin divorce case progresses far enough, you should be prepared for it to go through something called the discovery phase. This can be a very involved part of the case when there is plenty of information being exchanged. Here is what you should know. The...
How Can I Cope With My Debt?
Dealing with debt is a large source of stress for many people in Wisconsin. Debt can be a huge burden and it’s easy to let the stress overwhelm you. If you are having financial trouble, you are not alone. Many people find themselves in debt at one time or another in...
How parents can listen to their children after a divorce
Once a divorce in Wisconsin has been finalized, parents might think that the worst of the emotional strain is over. But this can change if their child suddenly announces that they want to live with their other parent. This can be challenging for the parent, but it's...
Why should business owners file for Chapter 13 bankruptcy?
When filing for bankruptcy, many business owners in Wisconsin choose to file for Chapter 7. However, Chapter 13 can be a great option for business owners who meet the qualifications. While businesses aren't eligible for Chapter 13 bankruptcy, their owner can file for...
New marriage requires estate planning revisions
Life’s goals often change over time, and even a happily married couple can wind up in a Wisconsin divorce court. Many older Oshkosh-area couples go through a so-called “gray divorce” near their retirement years. Yet others might get divorced at younger ages but still...