Lawyers in Minneapolis-St. Paul that focus on assisting you with Real Estate, Estate Planning, Business Matters and Bankruptcy. Call Us: MN (952) 920-1001 or AZ (480) 207-2203 |info@barrylaw.com
FAQ Foreclosure 2018-05-28T19:37:30+00:00

You need answers, and you need them now. Our FAQ section will help you better understand the challenges you face with common legal questions.

However, if you are ready for a legal consultation, free of charge and free from judgment, contact the lawyers in Minnesota at Rosenzweig Law Office. Together we can wipe the slate clean and help you start your new, debt free life. You do not have to go this alone. Call today (MN) 952.920.1001 (AZ) 480.207.2203.

Please Select the Category you are interested in. Click one of the green boxes below, it will quick link you there or scroll down.
Under each Question, please click the + and the answer will be revealed to you.

Foreclosure

TOP

ANSWER: Individuals may file for personal bankruptcy without their respective spouses filing. However, the spouse of a bankruptcy petitioner must provide certain information for use in the debtor’s bankruptcy paperwork. In addition, a debtor’s spouse may be affected by the petitioner’s bankruptcy even if the spouse is not actively participating in the proceedings. In Chapter 13 cases, much of the debtor’s income will be ordered to go toward monthly payments. In Chapter 7 cases, jointly owned property may not be completely exempt and therefore not completely protected. Also the non-filing spouse will still be liable for the jointly owed debts, even if the debt is discharged for the debtor.

ANSWER: Yes. Since 2005, bankruptcy petitioners are required by the Bankruptcy Code to attend a Credit Counseling course prior to filing and a Financial Management class within sixty days of their Section 341 Meeting of Creditors. The Section 341 Meeting of Creditors, or “341 hearing” for short, is a very brief (usually five to ten minutes) informational meeting that is scheduled for approximately thirty days from the date of filing. At this meeting that you attend with your attorney, the bankruptcy trustee will question the debtor about the bankruptcy petition that was filed to verify the accuracy of the information contained in it.

ANSWER: Chapter 7 bankruptcy in the most common form of bankruptcy use by individuals and allows for the wiping out of most unsecured debt. Unlike a Chapter 13 bankruptcy which involves a payment plan established by the bankruptcy court and you and allows for the ordering payoff of your debt. Chapter 7 bankruptcy allows you to keep certain property. The property that you are allows to keep is referred to as exemptions. This allows for what is commonly known as a “fresh start”.

ANSWER: Contact our office to schedule an appointment to speak with us. You can reach us by using our online form. We can also be reached by phone at MN (952) 920-1001 or AZ (480) 207-2203. Our attorneys can help you to decide whether bankruptcy is right for you and, if so, which type makes the most sense for your particular circumstances. Different types of bankruptcy have different eligibility requirements, and so it is very important that you consult with an attorney prior to planning any bankruptcy-related action.

ANSWER: Contact our office to schedule an appointment to speak with us. You can reach us by using our online form. We can also be reached by phone at MN (952) 920-1001 or AZ (480) 207-2203. Our attorneys can help you to decide whether bankruptcy is right for you and, if so, which type makes the most sense for your particular circumstances. Different types of bankruptcy have different eligibility requirements, and so it is very important that you consult with an attorney prior to planning any bankruptcy-related action.

“Charles was just a nice person…”

Margaret H.

“They delivered on their promise 100%, I couldn’t ask for more from another lawyer…”

Ross Poole

“I definitely would recommend Rosenzweig Law Office”

Rod Heldt

FAQ

good-looking-guyFrom arrests to real estate contracts and business issues, people find themselves facing legal matters all the time – and they’re often confused about what to do or where to turn. At Rosenzweig Law Office, we guide you along each step of the way to make the process easier and relieve some of your stress. We offer a wide variety of services, including wills and estate planning, real estate transactions, business planning, bankruptcy, federal and state tax resolution, and criminal defense, including DWI/DUI. We also can help you seek compensation if another party has caused you injury.