Bankruptcy Law

Bankruptcy Law Services in Beloit, WI — Monahan & Johnson Law Office

If you're facing financial hardship in Beloit, WI, or anywhere statewide, the Monahan & Johnson Law Office is here to help you regain control of your financial future. As one of the few law firms in Rock County 100% owned and staffed by women, we offer compassionate, judgment-free legal guidance. Our experienced bankruptcy attorneys are ready to help you understand your options and find the best path forward. Call us today at (608) 362-8086 to schedule a consultation and take the first step toward financial relief.

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Understanding Bankruptcy — What Are Your Options?

Bankruptcy can be a powerful tool for individuals, families, and businesses overwhelmed by debt. Monahan & Johnson Law Office provides support and guidance for all types of bankruptcy, including:

  • Chapter 7 Bankruptcy: If you're struggling with unsecured debts like credit cards, personal loans, or medical bills, Chapter 7 bankruptcy may offer a fresh start. 
  • Chapter 13 Bankruptcy: For those with a steady income but an unmanageable debt load, Chapter 13 allows you to create a repayment plan to pay off debts over time. 

Bankruptcy eligibility depends on your financial situation, the type of debt you're facing, and other factors. Our attorneys will assess your case to determine if you're eligible for Chapter 7, Chapter 13, or another type of bankruptcy. Here's what we'll review:

  • Your Debt Load: We need a plan that fits your financial situation and protects your most valuable assets.
  • Business Bankruptcy: Business owners facing financial hardship may have additional options for debt relief.
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Do You Qualify for Bankruptcy?

We'll review the type and amount of debt you're facing, including unsecured debts (like credit card debt) and secured debts (like mortgages or car loans).

  • Your Income and Expenses: We'll evaluate your income and essential expenses to determine whether you qualify for Chapter 7 or Chapter 13 and ensure you're on the right track toward relief.

The Bankruptcy Process — What to Expect

The bankruptcy filing process can be complex, but the Monahan & Johnson Law Office makes it as straightforward as possible. Here's what you can expect when you work with our team:

  1. Initial Consultation: We'll discuss your financial situation, explain your options, and determine the best type of bankruptcy for your needs.
  2. Document Preparation: Our attorneys will help you gather the necessary financial documents, such as bank statements, tax returns, and debt information.
  3. Filing the Petition: We'll file your bankruptcy petition with the court once everything is in order. This filing initiates an automatic stay, which stops creditors from contacting you or taking further collection action.
  4. Creditors Meeting: You'll attend a meeting with creditors where you'll answer questions about your finances. 
  5. Debt Discharge or Repayment: Depending on the type of bankruptcy you're filing, your debts will either be discharged or repaid according to a court-approved plan.
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Why Choose Monahan & Johnson Law Office for Bankruptcy Help?

At Monahan & Johnson Law Office, we're more than just legal representatives — your advocates for a brighter financial future. Here's why clients trust us to handle their bankruptcy cases:

  • Compassionate Guidance: We understand that bankruptcy can feel overwhelming. Our team offers non-judgmental support to help you regain control of your finances.
  • Experienced Attorneys: Our legal team has extensive experience navigating bankruptcy laws and ensuring our client's rights are fully protected.
  • Woman-Owned, Community-Focused: As one of Rock County's few fully women-owned and staffed law firms, we're deeply committed to serving our community with empathy and integrity.

Take Control of Your Financial Future

If you're feeling the weight of debt, it's time to explore your options. Monahan & Johnson Law Office is ready to help you find the right solution, whether Chapter 7, Chapter 13, or another form of debt relief—call (608) 362-8086 to schedule a confidential consultation with our bankruptcy attorneys.

Reliable services are just a phone call away – reach us at (608) 362-8086.

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