Chapter 13 Bankruptcy

Chapter 13 bankruptcy in Minnesota is sometimes referred to as the “wage earner’s plan” or “repayment plan” bankruptcy because this bankruptcy requires you to make payments on your debt.

The repayments are made over a three to five year period after the bankruptcy is filed. Instead of eliminating debt, as in a Chapter 7 Bankruptcy, Chapter 13 Bankruptcy uses your wages/income to repay some or all of your debt.

An experienced Minnesota bankruptcy lawyer can help you understand the advantages and disadvantages of a Chapter 13 Bankruptcy for your specific situation. Most people find the bankruptcy law to be confusing and complex.

To ensure you receive the maximum protection afforded by a Chapter 13 bankruptcy, you will want to hire an experienced bankruptcy lawyer in Minnesota.

We would appreciate it if you filled out these forms and brought them with you, to your Free Evaluation which will help us and you to better understand your financial situation.

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Book your free bankruptcy consultation now , or call us on 612.824.HELP today.

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