Chapter 7 Bankruptcy
Chapter 7 bankruptcy in Minnesota is sometimes referred to as the “clean slate” or “fresh start” bankruptcy because most unsecured debt (such as medical bills, credit card debt and utility bills) is eliminated in this type of bankruptcy.
There are exceptions to the types of debt that can be eliminated in this bankruptcy. Student loans, taxes, child support and credit card debt incurred in the 90 days prior to filing bankruptcy are all exempt from a Chapter 7 bankruptcy discharge.
Generally, it will take between four and six months to complete a Chapter 7 bankruptcy.
An experienced Minnesota bankruptcy lawyer will ensure all the steps of a bankruptcy filing are completed accurately and in a timely fashion.
This means your bankruptcy is more likely to be discharged sooner with the advice and council of an experienced bankruptcy attorney in Minnesota.
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