Minnesota Bankruptcy Lawyer

Filing for Bankruptcy

If you are struggling to get out from under overwhelming debt, Chapter 7 or Chapter 13 bankruptcy may be your path to a fresh financial start. Ask yourself if any of these apply to your situation:

• Do you owe more than you can pay?
• Are you being hounded by creditors who are harassing you and threatening legal action?
• Are you having trouble making even the minimum payments of your credit card debts and other debts?
• Do you feel overwhelmed with the increasing bills piling up?
• Is debt negatively impacting other aspects of your life including your work and family situation?
• Are you at risk of losing your home to foreclosure or your car to repossession?
• Are you experiencing job loss, serious medical injuries or other major financial setbacks?
• Are you feeling increasingly overwhelmed, anxious, depressed or ashamed with your current financial situation?

If so, then bankruptcy might be the answer for you. The first step you should take when filing for bankruptcy is to contact a Minnesota bankruptcy lawyer to help you out. You will need to fill out court papers that will ask you a number of questions pertaining to your current financial situation. This will include:

• Your income and expenses
• Your property and possessions
• The names and address of the creditors

Once the documents have been collected and signed, the next step is to file these documents as well as evidence of your hardship to the federal court. The court will then issue an order to put an end to the creditors and you will be one step closer to absolving your debts. Following this, you will be scheduled for a bankruptcy trustee meeting, which both you and your bankruptcy attorney will need to attend. During the meeting, you can expect the details of your case to be confirmed by the court. Once everything is in order, your bankruptcy claim will be approved and the court will discharge you of your debt. For a Chapter 7 bankruptcy, this can take up to 60 days; for a Chapter 13 bankruptcy, the court and your bankruptcy attorney will determine a suitable payment plan for the next three to five years. The bankruptcy claim will remain on your credit report for seven to ten years but you will still be able to proceed normally through life. You can continue to work, to attend school, to make payments and to save for whatever the future holds.

Bankruptcy Attorney in Minnesota

For more information on the bankruptcy procedure or how to file for bankruptcy, contact Heimerl & Lammers. We can provide you with a free consultation and help you determine if bankruptcy is the correct option for you. With many years of experience, personal and confidential service, and our experienced bankruptcy lawyers on staff, you can be assured that your financial future is in the right hands.

Contact a Minnesota bankruptcy attorney who can provide you with informed assistance in filing for bankruptcy.