What Is Bankruptcy? Have you found yourself in a monetary situation that you can’t seem to get out of? Are you having problems paying your bills and lowering your debts? Filing bankruptcy may be the most effective option to solve your problems. It is very important to understand what bankruptcy is and what your options… Read more »
What Happens to Your Credit Score After Bankrupcy?
Minnesota Bankruptcy Attorneys That Can Help You A common concern that many have when they consider filing for bankruptcy is the effect it has on their credit score. Bankruptcy can stay on your credit history for as long as 10 years, but most of our clients have a better credit score than before bankruptcy after… Read more »
What Happens If Someone Dies During Bankruptcy?
How Death and Bankruptcy Work in Minnesota It is not a situation that happens every day, but the unpredictability of life has seen it happen before. A debtor begins the necessary steps to file bankruptcy, and then somewhere during the process, they pass away. Sudden and confusing, the heirs not only have to deal with… Read more »
Is It Better to File a Chapter 7 or 13 Bankruptcy in Minnesota?
Which Is The Better Option For Me? If you are considering bankruptcy, you may have been doing your reading on both Chapter 7 and Chapter 13 bankruptcy in order to determine which is the better choice. In truth, neither is better than the other innately. It is more accurate to say that one may be… Read more »
Bankruptcies Expected To Rise Due To Coronavirus Fears
Bankruptcy Filings To Increase During COVID-19 Pandemic Unfortunately for the world of business and homeownership, bankruptcies are not expected to decline during this tumultuous time. In fact, it looks as though they’re going to continue rising and remain consistently high for the rest of the foreseeable future. Does this indicate a full-on crisis in the credit market?… Read more »
Taking Care of your Debt with Chapter 13 Bankruptcy
Hearing the words “bankruptcy” can be scary, but it shouldn’t be! Making the decision to file is life-changing, and one that can make a huge difference in your future. The Bankruptcy Code has many chapters, all talking about different scenarios where it might be a good idea for someone to file for bankruptcy. For people… Read more »
How Do You Know When to File Personal vs. Business Bankruptcy?
Twin Cities Bankruptcy Lawyers Fighting For You People don’t like the idea of bankruptcy. It is something that many people fear having to claim, especially if they have a small business, own their own home, etc. Owning a small business and needing to file bankruptcy is a scary situation. In reality, filing bankruptcy usually fixes… Read more »
Can I Sell My House During Chapter 13 Bankruptcy?
Going into Chapter 13 bankruptcy is not something one does casually. While it is less extreme than some forms of bankruptcy, often allowing you to keep your home and to work out affordable payments with your creditors so that you can pay back part of what you owe, it is still an involved process that… Read more »
Can I Quit My Job During Chapter 13 Bankruptcy?
Your job is an important source of income, whether you’re in the middle of trying to pay down debt or are trying to file for bankruptcy. Sometimes, however, your job causes more problems than it solves. Can you quit your job while filing for bankruptcy? If you’re struggling to understand your next move, it can… 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 »
