You may know someone who has successfully discharged their debts, or have seen some compelling reasons to think about filing for bankruptcy. It might therefore seem strange for us to suggest alternatives to Chapter 7 Bankruptcy. If you’re suffering with financial worries, and are struggling to pay for your groceries as well as your bills,… Read more »

If you’re thinking about filing for Chapter 7 Bankruptcy, then you might think that all of your debts can be discharged. Whilst most of them can be included in your petition, there are some debts not covered by Chapter 7 Bankruptcy. Here are the 10 debts not covered by Chapter 7 Bankruptcy in Minnesota. 1…. Read more »

WHAT IS A MOTION FOR RELIEF? A motion for relief is a creditor’s way to ask the court for permission to foreclose on a house or repossess a car. In most cases, only a mortgage lender or a car lender can bring a motion for relief.  The court usually hears the motion approximately one month… Read more »

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 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 »

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 »

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 »

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 »

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 »

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 »