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  1. In Wisconsin, a single person can qualify for Chapter 7 bankruptcy if they earn $55,334 or less. Someone with two people in their family can earn up to $73,061, and that adjusted income cap goes up to $88,431 for three-person households or $104.978 for families of four.
    www.pittmanandpittman.com/blog/2021/04/do-you …
    How Do I File for Chapter 7 Bankruptcy in Wisconsin? In the western part of Wisconsin, a Chapter 7 bankruptcy begins with the filing of a petition, a creditor mailing matrix, a statement of social security number, and a credit counseling certificate, as well as the payment of a filing fee.
    www.oflaherty-law.com/learn-about-law/how-to-file …
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    All filers pay a $338 filing fee in Chapter 7 unless the court grants a fee waiver and a $313 filing fee in Chapter 13 (amounts current as of August 2023). You'll also pay approximately $50 to $75 for credit counseling and debt management courses.
    As such, homesteads are one of the primary exemptions (assets that are untouchable by creditors) in many Chapter 7 bankruptcy cases in Wisconsin. The homestead is the most important exemption for Wisconsin filers who own property, but there are many other exemptions which may apply as well.
    The bankruptcy process falls under federal law, not Wisconsin state law, and works by unwinding the contracts between you and your creditors. That's what gives you a fresh start. But Wisconsin's laws come into play in a significant way because they determine the property you can keep in your bankruptcy case.
    But if you're one of the millions struggling financially due to a job loss, illness, or another event in Wisconsin, bankruptcy can help. Here, you'll find an explanation of Chapters 7 and 13, checklists to help you understand the process and stay organized, and Wisconsin's property exemption laws and filing information. Get debt relief now.
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