While it might feel like debt collectors have free reign over your life and your finances, there are limits on their behavior that are regulated by the United States federal government. Specifically, debt collectors are beholden to Fair Debt Collection Practices Act (FDCPA). The purpose of this act is to protect consumers from abusive debt […]
Filing for bankruptcy can alleviate your severe financial burden. Whether you are considering filing Chapter 7 or Chapter 13 bankruptcy, it is important to consult an experience financial planner and attorney who can protect your rights while guiding you through the bankruptcy process. If you knowingly omit required information from your filing or use the […]
Filing for bankruptcy immediately stops creditors from trying to collect debts from you. This protection from creditors can give you some much-needed relief while you work to sort out your financial situation. Unfortunately, if you have hit a financial rough patch you may have already lost some items to repossession prior to filing for bankruptcy, […]
Navigating the complexities of a personal financial crisis can be a stressful process that can leave you feeling overwhelmed as you try to regain financial stability. There are a few options to consider when creating a financial plan that will help get you out of debt. Although bankruptcy can help relieve the financial burden, the […]
When you file for bankruptcy, the United States Bankruptcy Court will appoint someone to oversee your case. This role is not filled by an employee of the Court. The person who is appointed is called a trustee. Trustees are usually attorneys and they are hired to acct in two main capacities: they act as representatives […]
Imagine enjoying pay day because you know it is enough to take care of your bills and debts. Imagine not stressing out about how to pay your bills with the money you have or will have. Picture a time when you don’t have to decide between food and electricity, and when you don’t have to […]
Plan to rebuild in a healthy financial state Credit scores define our financial viability in the United States. They can affect our jobs, living situations, and many aspects of life. Many of our Twin Cities clients see their credit scores slipping prior to filing for bankruptcy because they are unable to pay their bills or […]
Bankruptcy is a debt solution that helps thousands of people every year. It offers economic relief and stress relief by reducing an overwhelming financial burden. But not every type of debt is eligible to be discharged. Filing for bankruptcy in Minnesota can wipe out many eligible debts In 2016, more than 9,000 Minnesotans sought freedom […]
The Importance of Rebuilding Your Credit After Filing for Bankruptcy Filing for bankruptcy relief can be an important part of recovering from a financial crisis. It is true that after filing bankruptcy, your credit score will drop. It is also essential to rebuild your credit after filing bankruptcy. Contrary to popular belief, rebuilding your credit […]
Meeting with a bankruptcy attorney in Minneapolis or St. Paul for a free consultation to evaluate your options means discussing a lot of information. Pet owners often wonder how going through this process will affect their ability to own and care for their animals. Minnesotans of all kinds file for relief from their creditors every […]