Minneapolis Bankruptcy Lawyers: MN Bankruptcy Court Filings & More

Are you looking for options to eliminate your debt, stop a foreclosure, or prevent a judgment or wage garnishment? The Minneapolis bankruptcy lawyers of Twin Cities Law Firm can help get you back on the right track .

The easiest way to get free and quick information is by filling out our contact form or calling us to get feedback about your particular situation. We are here to help. Please call us at 612-466-0010 to schedule a Free Consultation to learn more about our services.

Most people are victims of circumstance. Some get in over their heads with variable interest rates on their credit cards or their homes. Some lose a job or get sick, fall behind in payments, and then are threatened with a foreclosure or a judgment. Others simply get behind in their bills and face garnishments.

Regardless of the reasons for your financial troubles, there is no shame in contemplating a Minnesota bankruptcy. Chapter 7 and Chapter 13 bankruptcies were established to give people a fresh start.

Our Minnesota Bankruptcy Lawyers Relieve the Stress

We are fully devoted to helping Minnesotans file for bankruptcy and leave their debts behind. Each bankruptcy attorney understands that his or her job is to relieve the stress of debt and the threat of foreclosure and to help you put your life back together. We have made every aspect of our services as client-centered as possible:

Very flexible payment plans are available and we accept credit cards from family, friends, and other third parties.
We are conveniently located in Minneapolis with free parking just outside our door.
We available to meet 7 days a week. Evening and weekend appointments are available.
Our attorneys will talk with you in plain language, never trying to confuse you with technical terms.

If you would like immediate assistance, please call us at 612-466-0010 to schedule a free consultation.

We understand that you may be nervous about even exploring the option of bankruptcy. That’s why we are available to walk you through the entire process. We do the heavy lifting, minimizing your time and effort whenever possible.

Again, we would be glad to answer your questions and discuss your circumstances to help you make an informed decision regarding whether bankruptcy is the right option for you. We can also explain workouts and other options to deal with debt without filing for bankruptcy.

Contact a Minnesota Bankruptcy Attorney

Of course, at any time, you can call us at 612-466-0010 with any questions. We are here to help.

Find articles on Minnesota bankruptcy law

Bankruptcy

Annuity Exemption
When a person buys an annuity the money they used becomes an exempt asset. When you receive the money from the annuity, its exempt status is often lost. However, the money in the annuity is protected and remains a source of income.
Chapter 7 Bankruptcy
Chapter 7 of the Bankruptcy code allows the debtor obtain relief from their debt through a liquidation of some of their assets. A trustee is designated to gather and sell the debtor’s nonexempt assets in order to pay holders of the claims (the creditor).
Debt Relief
Foreclosure in Minnesota
Chapter 11 Bankruptcy
Chapter 11 of the Bankruptcy Code allows for reorganization of a business. In this case the debtor usually proposes a plan of reorganization to keep its business alive and pay creditors over time. People in a business or individuals can also seek relief under this chapter.
Chapter 13 Bankruptcy
Chapter 13 of the Bankruptcy Code provides for the adjustment of debts of an individual with regular income. It allows the debtor to keep property and pay debts over time, usually 3 to 5 years.
Judgment Liens
In a judgment lien, through a court order a creditor is given the right to obtain the debtor’s property if they fail to satisfy their contractual obligation to pay back their debt. An example is if you are sued in court and the plaintiff is granted damages but your insurance doesn’t full cover the judgment, the plaintiff may be granted a judicial lien against your property to insure payment of the claim.
The Wage Exemption
When going through a state court or bankruptcy proceeding, determining how to hold on to as much of your money as possible is important in order to stay afloat after. For this reason it is important to understand the wage exemption so that a creditor will not garnish all or too much of your wages.