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Your Twin Cities Bankruptcy Law Firm

Jan
08
2019
Although bankruptcy can help relieve the financial burden, the possible stigma and damage to your credit score might make you hesitant. A debt management plan is another option to consider.
Dec
25
2018
While Chapter 7 filings provide faster relief, Chapter 13 filings give debtors a chance to pay their debt through a repayment agreement without liquidating their assets.
Dec
11
2018
Filing Chapter 13 bankruptcy allows a debtor to propose a three- to five-year repayment plan to the court and creditors that offers to pay off all or some of the debt from the debtor’s future income. A Chapter 13 payment plan can be a powerful tool to get a handle on debts that might otherwise overwhelm a family’s ability to deal with them individually outside of the bankruptcy process.