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
- 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
- Child support
- Credit card debt incurred in the 90 days prior to filing bankruptcy
Are all exempt from a Chapter 7 bankruptcy discharge.
HOW LONG DOES CHAPTER 7 BANKRUPTCY TAKE?
- Generally, it will take between four and six months to complete a Chapter 7 bankruptcy in Minnesota.
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.
Visit our offices in: