If you live in Minneapolis, Minnesota and have recently filed bankruptcy or are thinking of filing, you may be wondering how bankruptcy will impact your credit.
Whether you have filed for bankruptcy already or are considering filing, you may be wondering what budget friendly recipes are out there to feed your family.
Before filing bankruptcy in Minneapolis, Minnesota, your bankruptcy attorney will review your entire case with you. They will go through assets, debts, income and expenses, and financial transfers.
Technically, every bankruptcy case is public information after it has been filed. This is because all case filings go to the United States Bankruptcy Court website and can be accessed through Pacer. Although the case is public information and anyone can find a bankruptcy case and the documents filed within the case, there are steps you have to take to access this information.
At LifeBack Law we file both chapter 7 and chapter 13 bankruptcy cases. A chapter 7 is referred to as a liquidation bankruptcy, where as a chapter 13 bankruptcy is a restructuring of your debt.
The timing of your bankruptcy discharge will depend on which chapter you file. With a chapter 7 bankruptcy you will receive your discharge roughly 90 days after filing. For a chapter 13 your discharge date will be three to five years after your case was filed.
Although, there are many great reasons to file bankruptcy, below are five of the biggest reasons a lot of clients decide to file.
The biggest reason is a chapter 7 or chapter 13 bankruptcy is going to discharge your unsecured debts (there are exceptions). Although this list is not exclusive, exceptions include, fines or penalties, student loans, taxes, and domestic support obligations.
If you are looking at filing bankruptcy in Minneapolis, Minnesota, you may be wondering what steps you have to take and what you need to file. Every case is different, therefore the below is a general guideline and idea.
Life happens, we do not set out to owe our creditors money we cannot payback. If you are in a situation where you owe your utility providers for a current service you use, you may be wondering, can I include my utility provider as a creditor in my bankruptcy?
The answer, is yes. Although, you can include your utility providers, read on to find out requirements for doing so.
Almost every client wants to know where their case will be filed and whether the county they live in is the location for filing. The county you live in does determine where your case is filed, but your case will not be filed in your local county courthouse.
If you are in a current chapter 13 or thinking of filing a chapter 13, you may be wondering what happens if your income changes during your pending bankruptcy. This is an excellent question, as a chapter 13 bankruptcy commits your disposable income during the 3-5 years of the case.
It is very common that two people will co-sign on each other’s debt. Whether this is a spouse, parent, child, or significant other. If one liable party on the loan decides to file bankruptcy, you may be wondering what will happen to the other party/the co-signor?
If you are filing bankruptcy you may be wondering, can my bankruptcy discharge possibly not go through? This is a common worry and I can see why. If you do all the work of filing a bankruptcy, you don’t want to last second not receive a discharge of your debts. I am here to tell you not to worry- read on to find out why.
Just because you file bankruptcy does not mean your spouse has to file with you. If your spouse does not file, you may be wondering, will they be impacted by my filing?
For most chapter 7 and chapter 13 cases, the words adversary proceeding will not come up. Most clients will complete their bankruptcy without having any. If you have an adversary proceeding or there is a chance that you may, you may be wondering what it is? An adversary proceeding is litigation within your bankruptcy case.
A bankruptcy filing will discharge your personal liability on most debt. This includes secured assets, for example, vehicles or mortgages. Although your personal liability on the loan is dischargeable, if you want to keep the secured property you have to keep making payments. Some creditors will also request you sign a reaffirmation agreement after your chapter 7 bankruptcy is filed. A reaffirmation agreement typically says that you will keep your terms of your debt the same as if you had not filed bankruptcy, including your personal liability on the loan.
If you live in Minneapolis, Minnesota and have recently filed bankruptcy or are thinking of filing,...
Filing bankruptcy in Minneapolis, Minnesota with LifeBack Law is a straight forward process. This...
Whether you have filed for bankruptcy already or are considering filing, you may be wondering what...
Before filing bankruptcy in Minneapolis, Minnesota, your bankruptcy attorney will review your...
Technically, every bankruptcy case is public information after it has been filed. This is because...
At LifeBack Law we file both chapter 7 and chapter 13 bankruptcy cases. A chapter 7 is referred to...
Although, there are many great reasons to file bankruptcy, below are five of the biggest reasons a...
If you are looking at filing bankruptcy in Minneapolis, Minnesota, you may be wondering what steps...
Life happens, we do not set out to owe our creditors money we cannot payback. If you are in a...
Almost every client wants to know where their case will be filed and whether the county they live...
If you are in a current chapter 13 or thinking of filing a chapter 13, you may be wondering what...
It is very common that two people will co-sign on each other’s debt. Whether this is a spouse,...
If you are filing bankruptcy you may be wondering, can my bankruptcy discharge possibly not go...
Just because you file bankruptcy does not mean your spouse has to file with you. If your spouse...
For most chapter 7 and chapter 13 cases, the words adversary proceeding will not come up. Most...
A bankruptcy filing will discharge your personal liability on most debt. This includes secured...
