The best debt relief option for most clients is through Chapter 7 or Chapter 13 of the U.S. Bankruptcy Code. Both solutions offer Twin Cities individuals and families the opportunity to get out from under crushing debt, either through a fresh start in Chapter 7 or through debt restructuring and partial repayment with Chapter 13. […]
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 […]
Easing debtor worries by protecting necessary assets In Chapter 7 bankruptcy, a debtor can surrender any nonexempt assets for liquidation, so that the assets can be sold to pay off creditors or pay the trustee their value to keep them. In Chapter 13, non-exempt assets can determine the minimum amount of the debtor’s repayment plan. […]
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 […]
A lawsuit titled Charvat v. Carnival et. al. claims that Norwegian Cruise Lines, Royal Caribbean Cruise Lines and Carnival Cruise Lines gave Resort Marketing Group permission to make recorded “robocalls” offering free cruises. These calls, made between July 2009 and March 2014, violated the TCPA (Telephone Consumer Protection Act). This law places restrictions on telemarketers. […]
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 […]
According to an article written by Allie Bidwell that appeared in U.S. News on 23 December 2013 titled, “Is the Private Student Loan Market as Bad as it Seems?”, the author analyzed data from the seven largest private student loan providers. What she found out may shock you. The outstanding balances from the seven largest […]
The Minnesota Office of Higher Education offers the Student Educational Loan Fund (SELF) program to help finance postsecondary education with low-interest loans. The aim of the program is to provide money to students to get a college education. The SELF Loan program is not based upon income levels. This program is offered to those who […]