Minnesota’s Most Kind and Helpful Bankruptcy Law Firm is going through a few big changes in the New Year. 

One of the most important moments in a bankruptcy case is the discharge order. This is the court order that officially clears qualifying debts and gives you the legal protection you filed bankruptcy to receive. While many people hear the word “discharge,” they are not always sure what it actually means or what happens when it is entered.

If you own your home and are scared to file bankruptcy because you fear you may lose your home, you’re not alone! Many people are hesitant to consider bankruptcy because of the risks it may pose to their home and it is frequently one of the most common questions we are asked. Our homes are where we build our lives and it can be scary to consider the possibility of losing what you have worked so hard for! Fortunately, with a bankruptcy, there are ways to protect your home.

It can be extremely scary to fall behind on rent payments, but it’s important to know that you aren’t alone and you have options! If you are behind on rent to a current landlord or if you owe a previous landlord rent from a prior residence, bankruptcy may be able to help you!

Having debt can be a stressful, overwhelming event. It can make it feel like you’re drowning and like you’ll never be able to get in front of it. However, bankruptcy is a positive event that can help clear out that debt and help you get your life back. 

A bankruptcy petition is the formal legal document that initiates a bankruptcy case in federal bankruptcy court. By filing a petition, an individual or business formally requests relief under the U.S. Bankruptcy Code due to an inability to repay outstanding debts.

When looking for relief from creditors or overwhelming debt, you are at many times either presented with a debt consolidation program or filing for consumer bankruptcy.

One of the most important protections available to individuals who file for bankruptcy is the automatic stay. As the name suggests, it automatically goes into effect the moment a consumer bankruptcy case is filed, without the need for a court order.

The holidays are supposed to be a time of joy, but for many individuals and families in Minnesota, they bring a wave of financial stress that overshadows the season. If you’re feeling overwhelmed by debt, mounting bills, or relentless creditor calls, you’re not alone and you don’t need to carry that burden into the new year. At LifeBack Law Firm, we help clients get relief from their creditors every day, and the holiday season is often one of the smartest times to take action.

While preparing to file for bankruptcy, many people become stressed about listing the exact amounts they owe to each creditor. Worrying about finding the most recent statements, tracking down interest updates, or making sure every balance is accurate to the penny is very normal! However, here’s the good news: the specific amounts you list in your bankruptcy petition do not control the outcome of your case & they don’t have to be perfect. What matters is that you list every creditor you owe—not that the balances are flawless.

Filing for bankruptcy is a major financial decision, and preparing properly can make the process smoother and more effective. Whether you’re considering Chapter 7 or Chapter 13 in Minnesota, taking the right steps before you file can protect your assets, improve your outcomes, and prevent costly mistakes. Here are the key do’s and don’ts to keep in mind.

After all the fanfare that comes with preparing your case to file, then preparing for the 341 Hearing – the 60 days that come after can feel eerily calm. After weeks of preparation, it is very normal to feel strange when suddenly everything goes quiet. While it may seem like nothing is happening, this is an integral part of the Chapter 7 Bankruptcy process where many important case events take place!

Filing for bankruptcy can feel like a major setback, but for many Minnesotans, it’s actually a fresh financial start. One of the most common concerns we hear from clients is whether they’ll be able to rent an apartment after bankruptcy. The good news is that, in most cases, the answer is yes.

Many married couples in Minnesota are surprised to learn that bankruptcy does not have to be filed jointly. In fact, filing bankruptcy separately from your spouse can be a smart legal strategy in the right circumstances. Understanding when and why to file alone can help protect assets, reduce stress, and set your family up for a stronger financial future.

This time of year, our office usually spends a lot of time talking about serious topics; deadlines, paperwork, and the stress that often comes with financial uncertainty. However, just like the court system slows down a bit around the holidays, we think it’s important to pause, breathe, and enjoy the season!

If you’ve filed for bankruptcy and suddenly find yourself locked out of your mortgage or car loan online account, you are experiencing something completely normal. Nothing has gone wrong with your case. In fact, lenders routinely shut down online access during a bankruptcy, and their reasons have everything to do with federal law, not your personal situation.