Real Estate, Bankruptcy, Estate Planning, Business Planning & Tax Resolution.
All you you need to learn about solving legal problems in Minnesota.
You are ready to make the commitment to get your financial life back together. You are ready to file a Chapter 13 bankruptcy in Minnesota. You understand that getting a Chapter 13 bankruptcy discharge takes time and may not occur for years. However, do you know what to expect in the short term? What Happens and When in the Weeks Following a Chapter 13 Bankruptcy Filing Once you decide to file for Chapter 13 and you have completed the requisite counseling, the first thing you will do is file a bankruptcy petition in Bankruptcy Court. That begins the bankruptcy process and, after that, you can expect that approximately: 15 days after [...]
You work hard every day to make the money that you need for your family. Some days it seems like all you do is work. Yet, when you sit down at the end of the month to pay your bills there is still not enough money to cover all of your expenses. The stress can be overwhelming. You may feel like you have few, if any, options. You can’t work any harder than you do, and you don’t see any expenses that can be reasonably reduced. Yet, you may not be without choices. There may be a way for you to lower your debt, and thereby your monthly expenses so that you [...]
You have suffered enough financial stress. You work hard at your job, only to find that there is not enough money to pay your bills at the end of the month. You can’t keep living like this, but you aren’t sure how to get out of this mess. The creditors who continuously call you aren’t giving you any advice; they just want to be paid. Yet, you are not alone and you are not without options. You just need to know where to turn and how to get the help you need if you are having financial problems in Minnesota. Hennepin County Bankruptcy Lawyer Provides Free Advice for You Our Minneapolis St. Paul Chapter [...]
It doesn't seem fair that creditors in Minnesota can take away the little money you have. Clearly, you are in a bad way financially, yet a creditor has forced their way into your affairs, and is now taking the money that you need to survive. Many wonder if this type of legal action is allowed in Minnesota. Sadly, it is. Creditors Can Legally Take Money Directly From Your Checking Account Unfortunately, when creditors threaten wage garnishment they often follow through. In Minnesota it is legal and common for creditors to obtain a court judgment and seize up to 25% of your income. This means that you may be losing the money that you need [...]
Home foreclosure. These words strike fear in the hearts of families across our state. As you struggle to pay the bills, the thought of filing for bankruptcy or losing your home can make you feel like a failure. You feel like you have failed to provide for your family, to keep the home you love. But as experienced Minnesota bankruptcy lawyers, we don't see it that way. Bad things happen to good people. Hardworking, dedicated employees are laid off. A loving family, trying to do their best to stay afloat, find themselves buried in credit card debt, unable to make payments on the cards, or their home. While you have thought about bankruptcy, you [...]
Struggling with debt is one of the most stressful things that can happen to you. For many people, it affects their health, their family relationships and their future. There is an understandable tendency to sweep the financial problems under the rug, to keep living with the daily stress and not to address the problem for fear of what will happen. Our Minnesota bankruptcy lawyers understand that fear and don’t want you to suffer unnecessarily. You may have options available to you that have advantages you hadn’t previously considered. Possible Benefits of Chapter 7 Bankruptcy People who file Chapter 7 bankruptcy in Minnesota often benefit because: Creditor Calls Cease. Once the petition has been [...]
You know that it’s time to do something about the crushing debt that has seemingly taken over every aspect of your life. You’ve been thinking about talking to a Minnesota bankruptcy lawyer about your legal options. You are interested in the relief and fresh start that can be obtained through a Chapter 7 bankruptcy filing, but are you eligible for Chapter 7 relief? Learn how to find out! General Chapter 7 Bankruptcy Eligibility in Minnesota Generally, there are two ways for individuals to qualify for Chapter 7 bankruptcy protection. First, an individual whose monthly income is below the state median income usually qualifies for Chapter 7 protection. For much of 2011, the Federal [...]
One of the first questions often asked of a Minneapolis-St. Paul bankruptcy attorney is: what can I keep if I file for bankruptcy? It is an important question that depends on a number of factors, including what type of bankruptcy you file, what exemptions you choose to use, the value of your property, and other issues. A Minneapolis-St. Paul bankruptcy lawyer will help you make the decisions that are right for you and your family after considering your individual situation. Common Exemptions In Minnesota you have a choice between federal bankruptcy exemptions and state bankruptcy exemptions. You must pick one list or the other. You may not choose some from each list. Federal [...]