When it comes to bankruptcy almost anyone can file. This includes large businesses, small businesses, and individuals. Depending on your situation the type of filing you qualify for will change. Large or Small Businesses Large businesses typically lean towards a Chapter 11 filing. This filing allows them to...
When faced with a potential bankruptcy a lot of people ask whether they should hire an attorney or not. The question is a simple one yet you’ll hear many different sides and theories. The ultimate decision is yours. The answer lies it what you are expecting to get out...
If you are currently filing for bankruptcy here in Minnesota you’re probably wondering what you can and can’t do. You’re wondering just how much freedom you might have. The unfortunate truth is, not much. The process is typically formal and requires you to be on...
Filing for bankruptcy can be an emotional event. Not only are you going to be paying off the debt you’ve owed for so long, but the court will be digging deeper to find things you may have forgotten about. This means you’ll need to be prepared...
When filing for bankruptcy in Minnesota it’s important to have a plan. When you have a plan you know exactly what you’re going to do before, during, and after the process. Knowing what to do before filing for bankruptcy is important to ensuring a smooth...
Bankruptcy isn’t a popular term in the everyday world. Nobody cheers about filing for bankruptcy. Nobody wants to run out and tell everyone they know after a successful filing. That doesn’t mean you have to feel ashamed for filing or like an outcast deemed no longer worthy of friends. Debt happens. Whether...
Have you recently filed for bankruptcy? Are you worried the negative impact it will have on your credit score will be impossible to escape? The truth of the matter is that the effect filing for bankruptcy will have on your credit score can be significant if...
Have you come to the point in your financial life where you aren’t sure where to turn or how to proceed? Are you thinking that filing for bankruptcy may be your only choice? There are many people who file for bankruptcy everyday and if this is...
Some may see bankruptcy as an unnecessary evil while others may see it as a lifesaver. Whichever side you’re on, bankruptcy can make a real difference for you and your family. It can help you gather your bearings when dealing with something as overwhelming as...
There are many reasons why someone might file for bankruptcy. Whether you are suffering from unresolved medical bills, an unexpected job loss, tax debts, or even divorce debt can happen to anyone at anytime. There are many ways to handle debt consolidation, and bankruptcy is the...