Welcome To The MN Bankruptcy Blog

Inside you will find over 500 helpful articles discussing the Chapter 7 & 13 Bankruptcy Process and other solutions for difficult financial situations.

 

      Amanda Scharber

      Amanda Scharber
      For me, one of the greatest joys of being a bankruptcy attorney is seeing the look on my client’s face after the initial consultation, when they typically realize their burden can be lifted.

      Recent Posts

      Is My Wedding Ring Protected in Bankruptcy in Minneapolis, Minnesota

      Posted by Amanda Scharber on November 18

      When you file bankruptcy you will list all of your assets, meaning everything you own. This includes your jewelry. 

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      How Are My Assets Valued in Bankruptcy in Minneapolis, Minnesota

      Posted by Amanda Scharber on November 12

      When you file bankruptcy, you will list all of your assets- this includes assets you currently have or are entitled to in the future (think inheritances or causes of action). 

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      What is a Payment Step Up in Chapter 13 Bankruptcy in Minneapolis, Minnesota

      Posted by Amanda Scharber on November 3

      If you are in a chapter 13 bankruptcy or preparing to file one, you may have heard the term “step up” used by your attorney or the trustee of your case. A step up is when your payments are stepping up in amount, for one reason or another. These are typically set dates where the payment will go up, due to some triggering event. 

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      Why Did My Home and Car Loan Stop Credit Reporting  After Bankruptcy in Minneapolis, Minnesota

      Posted by Amanda Scharber on October 26

      When you file bankruptcy, you will list all of your assets and debts, including assets that you are wanting to keep, like vehicles and mortgages. Although you list the assets and the creditors, you can keep paying on the debts, if you want to keep the property they are secured to.  

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      Big Purchases After Filing Bankruptcy in Minneapolis, Minnesota

      Posted by Amanda Scharber on October 20

      When you file bankruptcy, you may be worried about big purchases after the filing. Will it hinder your case? Will the asset be involved in the case? Do you need court permission to spend money? This blog will explore answers to these questions and more. 

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      Income and Bankruptcy in Minneapolis, Minnesota

      Posted by Amanda Scharber on October 15

      When you file bankruptcy your income will help in determining which chapter you qualify for. You and your attorney will look at both the means test and disposable income. 

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      Learn What To Expect From Your Free Bankruptcy Consultation

      Bank Accounts and Bankruptcy in Minneapolis, Minnesota

      Posted by Amanda Scharber on October 7

      If you are either in a filed bankruptcy or are thinking of filing, you may be wondering what impact bankruptcy will have on your bank accounts. The answer, it depends. It depends on several factors, where you bank at, if you owe that bank funds, and whether the account is negative.  

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      What are Secured and Unsecured Debts in Bankruptcy in Minneapolis, Minnesota

      Posted by Amanda Scharber on August 19

      When you speak with an attorney about filing bankruptcy, the attorney is going to ask you what types of debts you have and if you have secured or unsecured creditors. 

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      Reopening an Old Bankruptcy Case in Minneapolis, Minnesota

      Posted by Amanda Scharber on August 10

      When filing bankruptcy, you usually receive your discharge, and your case closes. But what happens if you find out your case is being reopened or you need to reopen it? 

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      What is A Chapter 13 Bankruptcy Objection and Why Did I Get One: Minneapolis, Minnesota

      Posted by Amanda Scharber on August 6

      When you file bankruptcy any party in interest to your case has the right to object. This blog will focus on objections in chapter 13 cases. 

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      Common Reasons Clients File Bankruptcy in Minneapolis, Minnesota

      Posted by Amanda Scharber on August 4

      Bankruptcy isn’t a one-size-fits-all type of law practice; while this list will provide common reasons, there can be various other reasons why you may choose to file. If you have questions about bankruptcy or are wondering if you would benefit from filing, contact an attorney to schedule a consultation. 

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      Stand out Bankruptcy Attorneys in Minneapolis, Minnesota

      Posted by Amanda Scharber on August 1

      Deciding whether you should file bankruptcy can be scary, stressful, and leave you feeling uncertain. When you file, you want an attorney who stands out and will be with you during the case. This blog will explore reasons why the attorneys at LifeBack Law stand out.  

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      Fun Budget Friendly Things to Do During Bankruptcy in Minneapolis, Minnesota

      Posted by Amanda Scharber on July 24

      Filing bankruptcy may have you thinking of your budget and what you spend on certain categories monthly or yearly. One of those categories may be your “fun” money or entertainment budget. It can be hard to find fun things to do, that are cheap or free. This blog explores ideas for free or cheap things you and your family can do, during bankruptcy.

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      Student Loans and Bankruptcy in Minneapolis, Minnesota

      Posted by Amanda Scharber on July 16

      Whether you are looking into filing bankruptcy or have done so, you may have heard filing bankruptcy will not discharge your student loans. While most student loans are not dischargeable in bankruptcy, there is a second step you can take during your case to determine whether your student loans are dischargeable in whole or in part. This step is called an adversary proceeding. 

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      Reasons LifeBack Law Stands Out Amongst Bankruptcy Firms in Minneapolis, Minnesota

      Posted by Amanda Scharber on July 6

       At LifeBack Law, we strive to communicate promptly and leave no client feeling unheard. We make sure the client is informed during their case, is responded to, and, more importantly, is listened to. 

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      Can I Sell My Home During or After Bankruptcy in Minneapolis, Minnesota

      Posted by Amanda Scharber on June 20

      If you own your home, you may have reached a point where you are considering selling. If you are in active bankruptcy or your case has closed, you may have questions about when you can sell, if the equity in your home belongs to the bankruptcy estate, and whether you need to do anything additional to sell. This blog will explore answers to these questions and more. 

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