If you have a pet, rest assured—we’ll make sure they’re protected in your petition. Your purrrfect pal isn’t just part of your family, they’re part of the bigger picture of your life. At LifeBack, we love all our furry, scaled and feathered friends. Here is the inside scoop on how your pet fits into your bankruptcy case:
- A) Assets
When filing for bankruptcy, you’ll need to disclose your assets. This does not just apply to the big-ticket items like homes and cars; it also includes the things that make up your day-to-day life, such as clothing, tools, and collectibles. Disclosing your pet helps to draw an accurate picture of your household and ensures they are accounted for and protected throughout the bankruptcy process. - B) Expenses
While preparing your petition, you will meet with our staff and build a monthly budget. Anyone with a pet knows that while they bring joy, they also bring expected (and unexpected) costs. Food, grooming, toys, and vet visits all add up! By including these costs, we show the court a realistic view of your financial life.
Your bankruptcy petition is essentially a snapshot of your life—your household, your assets, and your financial responsibilities. Including your pets in that picture doesn’t put them at risk; in fact, it helps protect them. Whether you are filing Chapter 7 or Chapter 13, you can breathe easy knowing your cuddly companions are safe with LifeBack by your side.
CALL NOW FOR A FREE STRATEGY SESSION FROM AN MN BANKRUPTCY LAWYER AT LIFEBACK LAW FIRM
All in all, we see bankruptcy as getting a fresh start. So while you focus on rebuilding your financial future, you can relax knowing that your cuddly critter will be right there with you! At LifeBack, we put in the work to make sure your whole family (paws, claws, beaks, and all) gets their lives back. When the time is right, or when you are ready, reach out to Minnesota’s MOST Kind and Helpful bankruptcy law firm by going now to www.lifebacklaw.com. You will be so happy you did.
