Posted by Wesley Scott on June 21
Posted by Wesley Scott on June 19
Over the last three weeks I wrote about the ability of Chapter 7 debtors to access credit after receiving a bankruptcy discharge. Now, let’s look at the ability of Chapter 13 debtors to access credit - and because of the length of time Chapter 13 debtors are “in” their bankruptcy, I’ll deviate a little from the title of this blog and look at the ability to access credit during the time a Chapter 13 debtor is “in” her bankruptcy, as well as access to credit after the Chapter 13 discharge is entered.
To initiate the chapter 7 bankruptcy process you must file a petition. Along with this petition you must file the following:
Posted by Wesley Scott on June 17
Using a Bankruptcy Attorney to help you File a Chapter 13 Bankruptcy will be one of the best decisions you make, apart from your initial decision to get your life and finances back on track by filing bankruptcy. The bankruptcy code, court procedures and filing forms are saturated with legal jargon that will complicate the overall bankruptcy process if you don’t have the assistance from a legal professional.
Posted by Wesley Scott on June 16
Your stress will begin to diminish the day you decide to file Chapter 7 bankruptcy. Taking action against your debts will take some of the pressure off – but taking action to abolish your debt completely will have you sleeping peacefully at night.
Posted by Wesley Scott on June 10
Filing for bankruptcy can give you a chance to start over financially. Knowing the correct information about this process and its potential results is absolutely necessary when considering whether or not to file. Bankruptcy is a legal proceeding, which means it is surrounded by legal jargon. This can make sorting through the massive amounts of bankruptcy related information complicated.
Posted by Wesley Scott on June 9
Debt consolidation consists of combining all of your unsecured debt payments into one. This may involve taking out a loan, entering into a debt consolidation program or Filing Chapter 13 Bankruptcy. Now, what are unsecured debt payments?
Posted by Wesley Scott on June 8
If you live in or near Monticello, MN, and you are suffering from overwhelming debt, what is the first thing you need to do? That is what our guests really want to know. They ask me all the time- Wes, what is the first step I need to take? If you are like me, you like to do a little research before you set up an appointment to meet with someone right? Like what are the answers to some of my commonly asked questions?
Posted by Wesley Scott on June 7
The Minnesota Bankruptcy Process isn’t as scary, threatening or intimidating as many believe. In fact, if you have an attorney on your side, these fears will likely be non-existent. It also helps to know that you are not alone. Many people visit bankruptcy attorneys every year – to seek advice, comfort and often assistance through the bankruptcy process. Here is an example of a young couple’s financial struggle and journey to debt freedom, it represents a common set of circumstances we see fairly frequently.
If you’re desperately seeking the Best Bankruptcy Lawyers in Anoka, Minnesota, you have two options:
Option 1: drop everything—work, family, household chores—and dedicate your days to researching the hundreds of Bankruptcy Attorneys in Anoka. Call each office and set up potentially expensive consultation appointments with the most likely candidates. Then, take a chance on one of them and hope that they file your bankruptcy correctly and quickly.
Posted by Wesley Scott on June 1
Let’s be clear, there are numerous causes of bankruptcy. Many times, there is no single reason that pushes someone to push the reset button on their life. We have been practicing bankruptcy law in Minnesota since 1972, we have seen a thing or two about what causes people to need to push the reset button and get their lives back.
Posted by Wesley Scott on May 25
Let’s say you have $50,000 in credit card debt and your situation has gotten to the point where you can’t keep up with your payments. Something has to be done in order for you to take care of your family, get your life back in control and so on.
Is the cost of filing for bankruptcy keeping you from getting your life back? If you are struggling with debt and think you can’t afford to file bankruptcy in Duluth, Minnesota, the truth is, you can’t afford not to!
Posted by Wesley Scott on May 16
Tired of waiting for your Duluth, Minnesota bankruptcy? The typical bankruptcy process involves a tremendous amount of waiting: first, you have to wait for an appointment with an attorney…then wait in traffic…then wait in a lobby…then wait for your attorney to file your petition…and then wait for your discharge.
Posted by Wesley Scott on May 15
What’s worse, being at the doctor’s office or preparing to be at the doctor’s office? When you set up a doctor appointment, what is the first thing you need to check before you set up an appointment..... your home or work schedule right? First, you have to coordinate your schedules and “fit” it in. Second, you need to block out enough time to get to the doctors office and return from the appointment and leave yourself enough room so you are not rushed- right? And then third, you finally go to the appointment right? Geez- that is a lot of fuss for a 10 minute doctor appointment!