Minnesota Bankruptcy Statistics 2015 We talk a lot about why people file for Chapter 7 Bankruptcy or Chapter 13 Bankruptcy, how the process works, and what to expect. Now over the next few weeks we’re going to give you some 2015 facts and figures regarding bankruptcy in Minnesota, and how bankruptcy in Minnesota compares to… Read more »
What is Bankruptcy Fraud?
Bankruptcy fraud is a crime that usually comes down to hiding assets from the bankruptcy court, filing false or incomplete bankruptcy forms, filing multiple times or conspiring with or bribing the court appointed bankruptcy trustee. Is bankruptcy fraud serious? This is a serious offense punishable by up to 5 years in prison and fine of up… Read more »
What do I get to keep if I file bankruptcy?
What do I get to keep if I file bankruptcy in Minnesota? It’s probably one of the things you worry about most about when thinking about filing for bankruptcy. What you can keep if you file bankruptcy in Minnesota depends on: Whether you file Chapter 7 Bankruptcy or Chapter 13 Bankruptcy In Minnesota, there are… Read more »
The Pros and Cons of Filing for Bankruptcy
If you’re thinking about filing for Chapter 7 Bankruptcy, or Chapter 13 Bankruptcy, then you might be wondering about the pros and cons of filing for bankruptcy. Here’s our guide. Pros of filing for bankruptcy 1. You get out of debt right away Normally once you decide to file for bankruptcy in Minnesota, you stop… Read more »
Do I Qualify for Chapter 7 Bankruptcy?
If you are worried that your debts aren’t big enough to file for Chapter 7 Bankruptcy, or your income is too high, here is what you need to know. 1. What is the minimum debt needed to file? There is no minimum amount you need to owe to file bankruptcy. However, at our office we… Read more »
How Many People File For Bankruptcy Each Year?
We are used to seeing bankruptcy mentioned more and more in the media, and perhaps it has less of a stigma attached to it now than just a few years ago. You might even know someone who has successfully filed for bankruptcy. However, do you know how many people file for bankruptcy each year? The… Read more »
10 Tips For Finding The Right Bankruptcy Lawyer In Minnesota
If you’ve decided that you want to know more about filing for bankruptcy, then you’ll want to know how to find the right Bankruptcy Lawyer in Minnesota, and how they can help you with your financial situation. Here’s our guide to finding the right one for you. 1. Local You’ll want to find the right… Read more »
10 Things To Ask A Bankruptcy Attorney
If you’re meeting with several bankruptcy attorneys with a view to filing for Chapter 7 Bankruptcy or Chapter 13 Bankruptcy, then you’ll want to make sure that you have plenty of questions to ask a bankruptcy attorney. Here are some questions we are often asked. 1. Should I be filing for bankruptcy? We know that whilst… Read more »
10 Things To Remember Before Your Initial Meeting With A Bankruptcy Attorney
If you’ve decided that filing for bankruptcy in Minnesota is right for you, then you’ll have a number of questions, and things you want to know before you can choose a bankruptcy attorney. This is why your initial meeting with a bankruptcy attorney is so important. There are many to choose from, and so you’ll… Read more »
Why Do Celebrities File For bankruptcy?
It is usually relatively big news when celebrities file for bankruptcy. Many sports stars, business people, and entertainment stars have all filed for bankruptcy at some time. Willie Nelson, Courtney Love, Michael Jackson, Mike Tyson, and Pamela Anderson, and now 50 Cent are just some of the celebrities who have filed for bankruptcy. Why do celebrities… Read more »