Our Services

Chapter 7 and Chapter 13 Bankruptcy

Chapter 7

A Chapter 7 Bankruptcy will discharge or eliminate most kinds of unsecured debts, such as: credit cards, medical bills, utilities, pay day loans, and personal loans.

Certain debts are not dischargeable, such as: certain taxes, child support, and student loans (except under undue hardship). This is not a complete list of dischargeable and non dischargeable debts.

A Chapter 7 can also: stop garnishments, stop creditor harassment, keep your utilities connected or prevent them from getting disconnected, reinstate your driver’s license, and stop lawsuits, all while typically allowing you to keep all of your property.

Chapter 13

A Chapter 13 Bankruptcy is a consolidation or reorganization of debts. Through a Chapter 13, you can repay your debts over the course of a 3-5 year plan. A debtor must have a regular source of income, and be able to afford basic living expenses as well as the monthly Chapter 13 payment.

In most cases, unsecured debts can be significantly reduced and are paid without interest. Under certain circumstances, even a car loan can be greatly reduced. As long as the debtor completes the Chapter 13 plan, the remaining dischargeable debts will be eliminated.

A Chapter 13 Bankruptcy is a powerful tool for stopping foreclosure, vehicle repossession, creditor harassment, and student loan garnishments. It is also a great alternative for those who do not qualify for a Chapter 7 for various reasons including the means test or those with nonexempt property.

Fast Service

Bay Bankruptcy LLC  specializes in emergencies.  Need to stop an immediate utility disconnection?  Need to get your driver's license back and can not wait 6 months or more?  We have a proven process that ensures quick and efficient filing while maintaining accuracy.

Family Friendly!

We will do what we can to accommodate family members that need to join on your scheduled appointment date.

Reference Information

We are a debt relief agency. We help people file for bankruptcy relief under the bankruptcy code. Information below for reference only.

Chapter Index

General Bankruptcy Index / Reference List


  • Chapter 7 - Liquidation
  • Chapter 9 - Municipalities
  • Chapter 11 - Business
  • Chapter 12 - Farmers
  • Chapter 13 - Wage Earners
  • Chapter 15 - International Cases

Non Bankruptcy


Wisconsin Chapter 128 / Debt Negotiation


  • Excludes WE Energies
  • and many others

Divorce


If you and your spouse are considering a divorce and have a lot of debt, a bankruptcy filing before starting a legal divorce proceeeding is a very good strategy.

Filing the bankruptcy first and eliminating the dischargeable debts, can in most circumstances greatly simplify a divorce. This can make it easier to negotiate how any remaining debts should be divided, and protect you should your ex spouse ever decide to file bankruptcy sometime in the future.

Foreclosure


If only a few months behind, it may seem impossible to catch up with added attorney fees, late fees and miscellaneous fees. Even when you try and make a payment, they just send it back to you.

A Chapter 13 may facilitate keeping your home, or a Chapter 7 may elimiate a deficiency balance and buy a little more planning time.

What to Bring

The following is a basic list of helpful items to bring to your first appointment (not all are required).

Taxes

A copy of your two most recent income tax returns.

Monthly Income

Your two most recent paycheck stubs. If these are not representative, bring your normal check as well.

Vehicles

A copy of the registration for each vehicle you own, and the contract for purchase and any current loan information.

Debts

For each debt, please bring the most recent bill you have. If possible, generate a complete list of creditors and amount owed. We can pull a credit report, but sometimes creditors may not show up. By bringing your debts and judgments we can ensure that they are listed.

Mortgage Information

Your most recent statement from each mortgage you have showing the balance; your most recent property tax bill, showing the fair market value; and if your home is in Foreclosure, please bring the foreclosure documents as well.

Monthly Expenses

Be prepared to list how much you spend per month on average for mortgage/rent, vehicle payments, gas, food, utilities, medical, etc.

If expenses vary from month to month, just estimate your average monthly expense for each category.

About Us

Client focused, Bay Bankruptcy LLC is the right choice.

Bay Bankruptcy LLC

How we got started

After graduating from Marquette University in 2001 and working for some of the largest and top rated bankruptcy firms in Wisconsin, Attorney Amy Truran was inspired to open Bay(shore) Bankruptcy in 2009 by her clients desire to deal with an attorney who listened, and helped them formulate a plan that works for them and their family. Why not get a big firm attorney with small firm personal attention?

Attorney Truran also has experience on the creditor's side. Experience in foreclosure and creditor's rights has made her an even stronger debtor's attorney. Amy and her team focus all their efforts on Consumer Bankruptcy. Let Amy's 15 years bankruptcy experience work for you!

Today, the firm and its employees remain dedicated to clients and their families. Bay Bankruptcy is proud to be one of the few female owned and operated bankruptcy firms in the Milwaukee area.

Direct attorney contact ensures a personal focus to develop the right plan, budget and schedule for your family, even if urgent.

OUR Team

Atty Truran

Atty Amy Truran

Attorney

Actively involved in consumer bankruptcy within the Milwaukee area since graduating from Marquette Law in 2001, Atty Truran listens to both the clients immediate needs and future goals, then puts  together a plan that will help the client reach those goals as soon as possible.

Person

Megan Summers

Legal Assistant/Client Support

Working closely with Amy for more than 6 years, Megan works with clients to ensure that every step of the process is accurate and efficient.  She makes sure client's questions are answered, drafts petitions, and gathers important information from our clients.  Many clients enjoy her happy, positive attitude as well!

Person

Brittany Thornhill

Paralegal/Client Support

Ensuring  the process is as smooth as possible, Brittany works with clients to make sure the proper supporting documents are provided to their Trustee.  Brittany also works with Attorney Truran in handling motions and any litigated matters.  Her reassuring attention to detail will put you at ease.

Happy Clients Say...

We focus on customers and take pride in referrals from prior clients.

“Because of her low overhead and practive of working directly with her clients, I was able to talk with (Amy) every time I called or emailed her with a question, which was probably over 30 times during the several month personal bankruptcy process. This is critical to getting thru this confusing and stressful process with minimal anxiety.”

RS - Mequon

“My life was crashing down around me and I was afraid of the past and unsure about the future. Then I met Amy Truran of Bay(shore) Bankruptcy. It was so unlike any other meeting I have had. She was kind, attentive, friendly, confident, open and knowledgeable...

...Amy and Bay(shore) Bankruptcy are a class act and if you want it done right the first time, work with Amy Truran.”

A.S.

“My husband and I were forced to file bankruptcy due to bad financial decisions on both our parts before getting married to each other.

We found Amy to be personable, competetent in all areas of the bankruptcy, a professional of the highest calibre and best of all, non-judgmental about our decision to file BK.

We cannot recommend a better attorney than Amy Truran.”

A.A.