Bankruptcy is often viewed as a last option for those with extreme debt and low income, but there’s more than one kind of bankruptcy available to individuals and businesses. Chapter 7 bankruptcy is the type of bankruptcy that fits the description that’s most often associated with being bankrupt due to the liquidation of the […]
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Entries from August 2018
Successfully Getting Credit During Repayment of Chapter 13 Bankruptcy in Mankato, MN
August 21st, 2018 · No Comments
Tags: Bankruptcy Advice · Bankruptcy Information · Bankruptcy Options · Chapter 13 Bankruptcy · Minnesota Bankruptcy
Limits on Handling Medical Debt with Bankruptcy in Worthington, MN
August 20th, 2018 · No Comments
With medical insurance getting more expensive each year and procedures becoming more technically-advanced with new equipment and medicines, individuals can easily accumulate overwhelming medical debt very quickly. While studies may debate whether severe medical debt is directly causing an increase in U.S. bankruptcies, the fact remains that it’s often a correlating problem most filers experience. […]
Tags: Bankruptcy · Bankruptcy Advice
How Filing for Bankruptcy in New Ulm, MN Improves the Economy for All
August 17th, 2018 · No Comments
If you’re struggling with meeting monthly payments on your credit cards, car, medical bills, and even your mortgage, you may be a candidate for bankruptcy. Bankruptcy is often negatively viewed as a social taboo, but the reality of bankruptcy is largely a positive one. Those who file for individual or business bankruptcy are offered a […]
Tags: Bankruptcy
Properties Excluded from an Estate when Filing for Bankruptcy in Owatonna, MN
August 13th, 2018 · No Comments
If you’re struggling to meet debt payments on a regular basis and have been for some time, you may find yourself in over your head financially. Fortunately, U.S. law offers a way back to the surface and an opportunity for a fresh start through the process of bankruptcy. Navigating this nuanced system alone is a […]
Tags: Bankruptcy · Bankruptcy Information
When the Automatic Stay Doesn’t Apply and Navigating Through It With a Bankruptcy Attorney in Marshall, MN
August 8th, 2018 · No Comments
When you file a petition for bankruptcy, your case will immediately see the effects of an automatic stay. Whether you qualify for Chapter 7 liquidation bankruptcy or choose to file for Chapter 13 bankruptcy, you can benefit from the court-ordered halt to creditor action that takes the form of an automatic stay. The power of […]