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J. David Krekeler

J. David Krekeler

Krekeler Strother, S.C.
  • Bankruptcy, Collections, Consumer Law
  • Wisconsin
Claimed Lawyer ProfileQ&ASocial MediaResponsive Law

I’m a financial problem solver who can think through unique and customized solutions for farmers, small business owners, debtors and creditors. As a principal shareholder with Krekeler Strother, S.C., I work with a team of legal professionals that can deliver financial answers. We provide the information you need for Chapters 7, 11, 12, and 13 so you can make the best choice for your future and ease your mind. I enjoy presenting on debtor-creditor matters and try to find ways to make it fun.

Practice Areas
    Chapter 11 Bankruptcy, Chapter 13 Bankruptcy, Chapter 7 Bankruptcy, Debt Relief
    Consumer Law
    Class Action, Lemon Law
  • Free Consultation
    Please fill out the inquiry form at After we receive your information, a free assessment call evaluates potential next steps.
  • Credit Cards Accepted
    Accept Visa, Mastercard, American Express and Discover
Jurisdictions Admitted to Practice
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  • English: Spoken, Written
Professional Experience
Past Chairman
Wisconsin District Bankruptcy Bar
Past Chair and Committee Member
Solo & Small Firm Conference, WI State Bar
National Association of Consumer Bankruptcy Attorneys
Speaker at training events
Legal Action of Wisconsin Volunteer Lawyer Project
Board of Directors
Bankruptcy, Insolvency and Creditor's Rights Section, WI State Bar
- Current
University of Wisconsin - Madison
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University of Missouri - St. Louis
B.S. | Business Administration
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State Bar of Wisconsin
The Fellows of the Wisconsin Law Foundation is an honorary program, which recognizes members of the profession in Wisconsin who are known by their peers for high achievements in their profession and outstanding contributions for the advancement and improvement of the administration of justice in the State of Wisconsin.
Best Lawyers in America 2007-2019
Best Lawyers in America
Wisconsin Super Lawyer in Bankruptcy 2007-2019
Super Lawyers
One of Madison's Best Bankruptcy Lawyers
Madison Magazine
Nominated to Executive Register, 2013 & 2011
InBusiness Magazine
Professional Associations
Wisconsin State Bar  # 1011125
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Articles & Publications
Recent Decision Gives New Guidance on Harvester's Liens
Small Business Restructuring Act: Simplifying Chapter 11 Bankruptcies
Inside Track
Agricultural Clients: Help them Get Paid
State Bar of Wisconsin Rural Ag Blog
Wisconsin Leads Nation in Farm Bankruptcies
State Bar of Wisconsin Rural Ag Blog
A Business, a Way of Life: Representing Family Farms with Financial Problems
State Bar of Wisconsin Rural Ag Blog
New Tax Law May Help Distressed Farmers
State Bar of Wisconsin Rural Ag Blog
Board Certified, Business Bankruptcy Law
American Board of Certification
Websites & Blogs
Krekeler Strother, S.C. - Debtor-Creditor Law Firm in Madison, WI
Legal Answers
6 Questions Answered
Q. Nearing the end of my Ch13 plan and want to avoid overpaying. May I request to end wage garnishment one month early?
A: Yes, but the trustees here in Wisconsin likely will not want to stop the wage assignment. They prefer to refund any excess amount paid. This makes good sense from an administrative perspective. If they stop the wage assignment and you in fact still have a small balance, the trustee has to make an effort to reinstitute the assignment. It is far more efficient for them to issue a refund if in fact you overpay. Your attorney could bring a motion to have this done, but the cost would almost certianly be more than anyone would want to pay simply to get the money a few days or weeks sooner.
Q. How should my vehicle ownership be listed on Schedule A/B and as an exemption on Schedule C in Chapter 7 bankruptcy?
A: The value of the vehicle should be it’s true current value. Kelly Blue Book may or may not reflect that. Ask yourself “what would this vehicle bring if I sold it?” The “current value of the portion you own?” will be the whole value. Sometimes people own vehicles jointly with someone else, typically a son or daughter. Your equity in the car is important and is reflected on Schedule C. Exemptions only apply to equity, so the amount of equity you will claim as exempt is the amount of equity you have in the vehicle. Even if you believe you cannot afford an attorney you should not be acting pro se. There are resources available to help you in that regard. For example, I volunteer through the Volunteer Lawyers Project and Legal Action of Wisconsin. You can reach them at 744 Williamson Street, Suite 200, Madison, WI 53703; 855-947-2529 (new caller/intake); 608-256-3304 (local office line for current clients); 800-362-3904 (toll free); FAX: 608-256-0510. I cannot tell what part of the state you are located in, but we have such a system state-wide.
Q. People from foreign countries come to visit US and I need to take care of the tour.
A: Accidents happen, and there are always risks of liability. If someone staying in your home or traveling in your car is injured, there is always a risk that you will be sued. You mentioned registering a company to protect your assets. Limited liability companies and corporations offer exactly that, limited liability, but would likely not be very effective in this particular instance. It would be cumbersome to place all of your personal property and your home into some form of business entity. You would incur annual fees and have tax returns to prepare each year. The better choice is likely to have good insurance, including an umbrella policy. An umbrella policy is extra insurance which kicks in after your normal coverage has been exhausted. Thus, it offers additional protection in the unfortunate event of an accident. Umbrella policies are quite inexpensive. A $1 million dollar cover age amount would likely only cost $150 to $300 per year. This is less than the cost of creating and maintaining a business entity. You also mentioned bankruptcy. Bankruptcy would be a last resort, but would likely protect all of your assets and your future income. Wisconsin, like every other state, has exemption laws. These laws designate certain kinds and types of property which are protected from the claims of creditors, up to certain dollar limits. Wisconsin’s exceptions are fairly liberal and generous to debtors, so most people find that all of their assets are protected in the event they need to file bankruptcy. Under the facts you set forth, a bankruptcy should eliminate any liability that might arise.
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Contact & Map
2901 W. Beltline Hwy, Suite 301
Madison, WI 53713
Telephone: (608) 258-8555
Fax: (608) 258-8299