We are currently accepting business and
consumer clients in Rusk County, Chippewa County, Dunn County,
Pierce County, St. Croix County, Barron County, Polk County, Taylor
County, Clark County, Eau Claire County; and surrounding
counties throughout Northwestern Wisconsin.
Restructuring. In addition to Bankruptcy counseling, our office can help guide
businesses and consumers through restructuring alternatives. Eric
Wiechert brings a wealth of business insight and understands practical
issues that face debtors and creditors. Bankruptcy levels the landscape
between debtors and creditors. Most creditors understand that a
calculated and orderly reorganization monitored by experienced legal
practitioners and judges normally results in a better
resolution for all parties impacted.
Bankruptcy is never something to be taken lightly and each individual or
entity will have unique debt structures that need to be evaluated
carefully. We will help you evaluate all your options. Eric Wiechert Law Office offers business owners and individuals help
with debt management, which includes working with creditors, workouts,
petitions under Chapter 128, receivership, offers in compromise, and
Bankruptcy petition filing. Under the 2005 amendments to the Federal
Bankruptcy Code Eric Wiechert Law Office is considered a debt relief
agency.
Tax Counseling. Taxes impact nearly every facet of
business. A tax efficient structure has obvious benefits, but too much complexity can be perilous. Understanding tax considerations of transactions can
make a world of difference. Ask me about New Markets Tax Credits, and other development incentives from the
CDFI.
Don't go through an audit with Internal Revenue Service or the Department of Revenue alone. But if you do find yourself at the point where a tax authority is starting garnishment proceedings there are options.
New Businesses. Starting a business entails risk. I
can help you understand those risks and how to balance them. Extending
credit entails risk. Business owners understand that credit
policies are in place to balance sales growth and risk of nonpayment. I
can help review your credit policies and help you understand the risk /
reward equation with extending unsecured trade credit.
Getting your business started on the right foot with the right licenses and structure will help you to preserve its value as you build up your good will. Make sure the agreements you sign with your vendors, partners, and customers have terms that provide mutual benefits that lead to a lasting and fruitful business relationship.
Community Developments. When sales lag and condo
reserves are depleted rectifying problems can be extremely difficult,
especially when units remain vacant and fees aren't being collected.
Sometimes homeowner and condo associations are used as a bully pulpit. I
can help condos get their units certified for FHA purchases which may
streamline sales. Unit owners can and should participate in the
development of budgets and watch out for conflicts of interest.
