In Wisconsin, The Park Falls paper mill has had its fair share of financial troubles in the past, closing and filing for bankruptcy in 2006. It later reopened under new ownership, but to cut costs, began a series of lay offs that have impacted the community. When this happens, employees have rights, and attorneys can help them gain Social Security benefits and file for bankruptcy if necessary. If you were recently laid off or are worried about the possibility that the mill will close, here’s more information about how attorneys can help.

How Attorneys Can Help Laid-Off Employees

Social Security

A late-career layoff can hurt your ability to retire by cutting Social Security earnings or requiring you to start drawing your funds early. This can limit how much money you will receive after retirement, which could increase financial difficulties. With the help of an attorney, you determine whether you meet the requirements for a Social Security disability application, reduction-in-force (RIF) claims, or other resources that will help you stay financially secure.

Bankruptcy

Without a steady source of income, you may not have a way to pay bills such as your mortgage or car loan. This can lead to collections and stressful situations. If you don’t have significant savings or are paying off debts, filing for bankruptcy can help you clear some of what you owe and start anew. A lawyer will help you navigate the bankruptcy process, filing paperwork and gathering necessary documents to showcase your financial situation. This will give you the peace of mind to focus on other tasks, such as searching for new opportunities or spending time with your family.

If you are affected by the impending shutdown of the paper mill in Park Falls, WI, visit Lein Law Offices in Winter, WI. Since 1983, they’ve helped residents of the area navigate topics of personal injury law, real estate, estate planning, medical malpractice, criminal defense, and more. Their team will help you address both immediate and future financial concerns and get you the compensation you deserve. Visit their website to learn more about how they can help you with bankruptcy, or call (715) 634-4273 to reach their Winter office and (715) 634-4273 to reach Hayward.