At any stage in life, filing for bankruptcy takes some consideration and thought. We understand that it’s rarely an easy decision. However, the single most common thing my clients say after filing is that they should have done it sooner! The concerns for someone in retirement are going to be very different than for someone… Read more »
What Steps Do I Need to Follow to File Bankruptcy?
The most common form of bankruptcy relief is Chapter 7. Most consumers who find they are facing overwhelming debt find this is the best option for their needs since it allows them to get a completely fresh start if they qualify. These are the steps you need to take to file a Chapter 7 bankruptcy. Step One:… Read more »
Can I Get a Job After Filing Chapter 7 Bankruptcy in Minnesota?
You’ve been struggling to pay your bills for a while now. You’ve heard that Chapter 7 bankruptcy can give you a fresh start. But, you’re worried about how bankruptcy will affect your future employment. Will anyone hire you if you have a bankruptcy on your record? Usually it is better to have a bankruptcy on… Read more »
How Does Child Support Work in Minnesota Bankruptcy Cases?
Filing for bankruptcy is an important step when your debt is out of control. It’s a big decision–and the biggest benefit is that it will wipe much of your debt away, making it easier for you to arrange your finances. When you file for bankruptcy, however, does it eliminate child support debt? How does it… Read more »
What is a Bankruptcy Estate?
The moment you file a bankruptcy, there are a bunch of things that happen. The biggest thing is the formation of a bankruptcy estate. Now you’ve probably heard estate used in phrases like ‘real estate,’ ‘family estate,’ or ‘estate planning.’ Specific to bankruptcy, your estate is everything you have at the exact moment you file. … Read more »
Why Should I Opt Out of Arbitration?
What Is Arbitration for a Loan? Arbitration is a sort of parallel court system that allows people and companies to opt out of using the courts of the United States to resolve disputes. It is very popular for lending companies like credit card and car loan companies. These big companies like to use it because… Read more »
What Can Bankruptcy’s Automatic Stay Protect You Against?
If bills and debt become overwhelming, bankruptcy can become your only action in order to regain control of your finances. Once you file bankruptcy, the court issues an order to every creditor called an automatic stay. This prevents collection actions and civil lawsuits from being filed against you until the bankruptcy is completed or that… Read more »
What is the Income Limit for Chapter 7 Bankruptcy in Minnesota?
You’re afraid to answer the phone. You get calls from collection agencies every single day. And now, your creditors are even calling you at work. Filing for bankruptcy will end the calls and give you a fresh start. However, there are income limits for chapter 7 bankruptcy in Minnesota. For some households, figuring out their eligibility for chapter… Read more »
What Makes A Good Bankruptcy Attorney in Minnesota?
You have made the decision. Months or years of harassment from creditors has led you to declare bankruptcy. The truth is, no one wants to declare bankruptcy, it can be a headache. However, bankruptcy can be your first step to getting your life back. There is even better news, an experienced bankruptcy attorney can help… Read more »
5 Best Bankruptcy Attorneys in Minneapolis, Minnesota
The problem of being able to pay credit cards and debt collectors may have snuck up on you. It may have been getting harder and harder to make the money last paycheck to paycheck. Or, perhaps you were suddenly laid off and were not able to immediately replace your job. Whatever the reason, you cannot… Read more »
