Contact Us At : 507-550-1519
Contact Us At : 507-550-1519
A bankruptcy may clear your debts and give you a clean slate, but in doing so, it also puts a black mark on your credit. Your credit score will take a hit. Your next step after the bankruptcy discharge is to begin rebuilding your credit. Boosting your credit score can...
When creditors start breathing down your neck in an effort to collect your outstanding debts, you may feel understandable anxiety and irritation. Many people in Minnesota face similar circumstances, and if you have been dodging creditor communications because you do...
Many people in Minnesota struggle to stay atop of their finances, and if you are among them, you may be looking for a way to help dig yourself out of debt. Depending on the specifics of your situation, it may serve you well to think about whether filing for bankruptcy...
Your vehicle’s equity value may determine whether you may keep it after filing for bankruptcy. Minnesota’s statutes protect cars with an equity value of less than $5,000. As described by Experian.com, you could calculate your car’s equity. Start by finding its current...
If you are like many Americans, you may think of bankruptcy as an absolute last resort. You may feel that filing is a sign of personal failure, and you may worry that doing so will mean losing everything you have worked so hard for. However, if you are struggling with...
Individuals who decide to declare chapter 7 bankruptcy likely have many questions, including those related to means testing. The United States Department of Justice notes that means testing for Chapter 7 differs from that of Chapter 13, as not all forms apply to all...
Individuals with steady income and property may file for a Chapter 13 bankruptcy. As noted by the Minnesota Attorney General's website, Chapter 13 allows you to reorganize debts and enter into an arrangement to repay some of your unsecured creditors. Individuals who...
Pro Se bankruptcy is when you file your case without the assistance of an attorney. You have the legal right to file pro se. The US Courts explain that filing Pro Se is not something the court recommends because it opens your case up to errors and issues....
Severe drought and unprecedented weather conditions may cause family farmers to experience financial hardships. While some farmers decide to sell the family business and retire, others may find that bankruptcy provides the needed relief to continue operating. As noted...
With the high cost of homes, cars and everyday items nowadays, it is not unusual for Americans to use credit cards or personal lines of credit. If you rely too heavily on credit, though, you may be unable to make monthly minimum payments. Your credit score may also...