Everything You Need to Know About Bankruptcy Law

Are You in Need of a Bankruptcy Lawyer?


Your financial difficulties may be the result of a job loss, a cut-back in hours at work or a temporary lay off. You may have high medical bills or expenses from another child. Perhaps you have experienced a divorce or have too much credit card debt. You have probably thought that if you could only shed the debt somehow and start over you could get back on your feet.


Bankruptcy is not to be taken lightly, but it is your right guaranteed by Congress when other financial solutions have failed. Many other people just like you have filed for bankruptcy relief and have gone on to be financially successful.


At Katz and Wulff, a bankruptcy attorney can advise you on topics such as Chapter 13 bankruptcy, Chapter 7 bankruptcy, debt settlement, garnishments, foreclosures and other lawsuits.


Please feel free to browse the links to pages on this site, or call us to schedule an appointment. My staff and I look forward to meeting you and discussing your case.

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Bankruptcy & You

Bankruptcy is a legal proceeding to help people who cannot pay their bills get a fresh financial start, while making a fair and equitable disposition among creditors. The right to file for bankruptcy relief is provided by federal law and all bankruptcy cases are handled in federal court.  Filing bankruptcy prevents all of your creditors from collecting debts from you, at least until your debts are sorted out according to the law.

Bankruptcy Options

Although the great majority of our clients do file for bankruptcy relief, it is important for you to know that our job is not to sell you a service that you do not need, but rather to provide you with a full array of options so that you may make a fully informed and intelligent decision about your financial future.

Student Loans

There are several standard options available for repaying your student loan debt. The choice of which repayment option to select is probably the most important choice you will make in managing your student loan debt. Most people simply accept the repayment choice that they are given without question. This can be a mistake, as selecting the wrong option can greatly increase the cost of student loan borrowing. Many people do not even realize that there are alternatives available and end up choosing a more costly option.

Recent Articles

  • You're not alone. According to CNN's website, medical bills are the cause of more than 60 percent of U.S. bankruptcies. If you or a family member have ever been hospitalized or suffered from a long-term illness, you are aware of the high costs of healthcare....

  • Did you know that filing for bankruptcy can stop a lawsuit? In fact, thousands of bankruptcy cases are filed to stop collection lawsuits as well as prevent judgments from being entered....

  • There's just not enough money at the end of the month for all the bills you have to pay. Maybe it's due to a layoff or an illness. Whatever the reason, you fell behind on your mortgage and now the mortgage company wants to take your family's home. If you are facing foreclosure and cannot work out a deal or other alternative with the lender, bankruptcy may help....

Affiliations and Organizations

Mr. Wulff is a member of the National Association of Consumer Bankruptcy Attorneys (NACBA) and is a founding member of the Bankruptcy Association of Southern Illinois (BASIL).

National Association of Consumer Bankruptcy Attorneys

National Association of Consumer

Bankruptcy Attorneys

Madison County Bar Association

Madison County Bar Association

Illinois State Bar Association

Illinois State Bar Association

Bankruptcy Association of Southern Illinois

Bankruptcy Association of Southern Illinois

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Hi, I’m Attorney Karl Wulff and I want to personally thank you for visiting my website.


I know how troubled financial times can bring added pressure to you and even your family.  If you are finding yourself wondering what you will be able to do, I want to encourage you to reach out to me.


I have been a trusted resource for countless families in Southern Illinois and St. Louis metro for over 20 years, and I look forward to the opportunity to discuss your options and get you on the road to financial recovery.