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...
As a business you have many assets that will need to be maintained in order to stay profitable. When you start to borrow more than you’re earning you may be faced with a choice. Should you file for bankruptcy? Filing for bankruptcy doesn’t have to mean the...
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...
Looking to get a better handle on your finances? Tired of not being able to see where your money is going and why you don’t have any left each month? Sounds like you need to get organized. When your finances are organized you’ll be able to...