Archive for December, 2010

Limits on Creditor Collection Efforts

Wednesday, December 29th, 2010

Consumers often complain about the alleged lack of  protection against creditor collection efforts.  In reality creditors do not have unlimited rights in pursuing collection.  A debtor does have legal rights.  It is important for debtors to understand that there are legal limits on creditors.  A creditor must still act within the confines of the law in dealing with a debtor.  A consumer has  legal rights such as the right to defend against spurious claims, pursue a breach of promise by a creditor, challenge accounting errors, pursue fraud claims and defend against legally unacceptable behavior by collection agencies.   Consumers who have been legally wronged by a creditor may have a basis to pursue civil litigation.   Debtors may also be eligible for debt relief that could lead to a new beginning for them.  Consumers who feel the sting of harassing collection efforts can contact a Twin Cities law firm that has a bankruptcy service to set up a meeting with a Minneapolis bankruptcy attorney or St. Paul bankruptcy attorney who can provide debtor information.  A  Minnesota bankruptcy attorney can go over with a debtor the legal limits on creditors and can assist a consumer evaluate legal options that may be available to receive debt relief.  An experienced Twin Cities bankruptcy attorney can discuss bankruptcy alternatives with a consumer.   A qualified consumer can pursue bankruptcy if desired as a form of debt resolution.

We are a debt relief agency. We help people file for relief under the bankruptcy code.

Harrassing creditors

Monday, December 27th, 2010

Harassing contacts by creditors is a common problem for debtors experiencing severe financial problems. Despite common misconceptions there are laws that apply to how creditors treat debtors including  the FTC, Fair Debt Collections Practice Act.  Debtors often complain because  of receiving calls based on being behind on payments.  A collector may, if a debtor is  behind in payment on a debt, call that person.   Built into the Fair Debt Collections Practice Act are, however, some limitations. The Fair Debt Collection Practices Act requires that the debt collectors treat the debtor reasonably and not use unfair debt collection methods.   A debt collector should not be communicating with a consumer at times that are inconvenient times or locations. For example, a debt collector should not be contacting you very early in the morning or very late at night. Nor should a debt collector be contacting  a consumer at work when it is understood by the collector that his or her employer does not approve of the consumer receiving contacts from debt collectors.  Unfair treatment by a bill collector does not, however, automatically cancel a debtor’s duty to pay a bill.    Consumers often fear that the collector will be discussing them with that person’s neighbors, co-workers and friends.  A debt collector should not be discussing a consumer’s debt situation with that person’s neighbors, co-workers or friends. If the debtor has  retained an attorney, however, the debt collector should be dealing with that lawyer.  Consumer’s who are experiencing problems with harassing creditors should contact a Twin Cities law firm that offers debt relief help.  That Minnesota law office may provide a bankruptcy service for people who are desirous of pursuing a consumer bankruptcy.   The debtor can set up a meeting with a Minnesota lawyer who can go over debtor information that may be helpful in addressing the problem with harassing communications from creditors.  If the consumer is considering bankruptcy at a meeting with a bankruptcy lawyer there can be a dissuasion of debt resolution under a Chapter 7 or Chapter 13 bankruptcy.  Debtors who are interested in exploring bankruptcy can have a bankruptcy evaluation with the bankruptcy means test at a conference with a Minnesota bankruptcy attorneyLegal help can  provide relief from harassing creditors.

Bankruptcy Assessment In Minnesota

Sunday, December 26th, 2010


A person or couple who want to do a bankruptcy must be eligible to do so under prevailing bankruptcy law.  In looking at declaring a bankruptcy there should be a bankruptcy assessment which is a review of a person or couple’s financial situation.  The bankruptcy assessment is an evaluation of a person’s financial situation to determine if he or she are qualified to file bankruptcy. At the time of conducting the bankruptcy evaluation the twin cities bankruptcy attorney can also conduct a bankruptcy means test.   Debtor’s troubled by growing financial pressures can seek out potential debt relief through the legal help of a Minnesota bankruptcy attorney who can conduct a bankruptcy assessment.  A person or couple can set up a time to meet with a Minneapolis bankruptcy attorney or St. Paul bankruptcy attorney who will go over the relevant financial situation to help a person considering doing a bankruptcy. At that meeting with a bankruptcy lawyer some of the considerations will be debt a consumer  may owe on both secured and unsecured assets, what assets are  owned and what is owed on the asset, ability to meet current obligations, threat of repossession, garnishment and/or foreclosure.   A Twin Cities law firm who offers a bankruptcy service is a good place to start to look for a Minnesota lawyer who can do a bankruptcy evaluation and provide legal assistance with doing the bankruptcy  if the debtor is qualified to do so.

This blog is not intended to provide legal assistance and does not do so.

We are a debt relief agency. We help people file for relief under the bankruptcy code.

Factors To Consider Before Declaring Bankruptcy

Friday, December 24th, 2010

There are many factors to be considered in regard to a debtor’s situation before deciding to declare bankruptcy. Some of the salient factors regarding the debtor are all available income, ownership of a homestead, all non-homestead significant assets, dollar valuation for all the assets including the homestead, the secured debts, the unsecured debts, the total number of debts, the total in dollars of all debts, how far behind the debtor is on payments due on debts, the ability of debtor to meet monthly payment on debt, any co-debtors, major assets of the debtor, whether an asset is security for a debt, the desire of a debtor to discharge or pay back debt, whether the debtor faces any immediate threat such as foreclosure, repossession, garnishment or other legal action. All of the facts and documents reviewed must be considered in light of applicable bankruptcy law to determine whether a debtor qualifies for bankruptcy protection.  It is legally helpful to a debtor to meet with a bankruptcy lawyer when considering bankruptcy.  A Minnesota Bankruptcy attorney can provide valuable legal assistance to a debtor who feels a need to pursue bankruptcy.  Consumers who want a conference with a Minneapolis bankruptcy attorney or St. Paul bankruptcy attorney should contact a Twin Cities law firm that has a bankruptcy service.

This blog is not intended to provide legal advice and does not do so.

We are a debt-relief agency. We help people file for relief under the bankruptcy code.

Words Pay NO Debts

Sunday, December 19th, 2010

Consumers may be mislead by promises  that if they pay an organization all of their debts can be eliminated without having to take any legal steps or that by paying a fee they can learn a few simple tips or rid themselves of unwanted debt.  The reality is that as Shakespeare pointed out “Words pay no debts.”  Eliminating debt is not simple and thinking so may lead to inattention to taking the necessary steps to improve an increasingly difficult financial situation.  Debtors often have complicated financial situations involving missed mortgage payments, credit card obligations, unpaid motor vehicle loans, crushing medical bills and other unpaid financial obligations.  These financial problems in turn have created situations where the debtor faces civil litigation, garnishment, repossession and foreclosure. A person who fears losing a home in foreclosure should not be lured into wishful thinking that a few simple tricks will stave off serious financial consequences.  Ignoring financial problems can not only lead to financial disaster, but complicated litigation.  Consumers should make up their mind to face the reality of the situation, which may include exploring bankruptcy as an avenue to follow to achieve debt resolution.  A consumer facing serious financial problems should seek out accurate information on debt relief.  This can be done by contacting a Twin Cities law firm that offers a bankruptcy service.  A Minnesota law office can arrange for a meeting with a bankruptcy lawyer who can do a bankruptcy evaluation with the means test.  This review of the situation will help a debtor to determine potential course to take to cut down or even eliminate debt.  It is important for consumers to act in a timely manner to see an experienced Minneapolis bankruptcy attorney or St. Paul bankruptcy attorney to find out the potential for  bankruptcy alternatives.  Whether a person lives in outstate Minnesota, greater Minneapolis, greater St. Paul or Wisconsin they may be able to find debt relief through legal assistance provided by an experienced lawyer.  Residents of Wisconsin have an additional option for consumer debt relief and debt elimination. Under  Wisconsin law a resident can have similar benefits to a personal bankruptcy discharge without declaring bankruptcy.  Instead of buying empty promises of an easy way out of debt it is far better for a consumer to take affirmative legal steps to stop the debt spiral by getting legal help from an experienced debt relief attorney.

We are a debt relief agency.
We help people file for relief under the Bankruptcy Code.

The information contained herein on Chapter 7 and 13 does not constitute the giving of legal advice. The reader should not rely on this information. This information does not substitute for the advice of a licensed lawyer related to Chapter 7 and 13 bankruptcies

Fear Of Losing Property In Bankruptcy

Saturday, December 18th, 2010

Sometimes people who are feeling tremendous financial pressures refuse to consider bankruptcy because they fear a loss of property in bankruptcy.  This fear is based in part on the bankruptcy myth that once you declare bankruptcy you will automatically lose all of that you own.  This misconception ignores the fact that there are legal exemptions that apply in bankruptcy that may be helpful in keeping property.  Rather than give up exploring debt relief through bankruptcy a consumer should contact a Twin Cities law firm that offers a bankruptcy service and arrange for a conference with a Minnesota Bankruptcy attorney.  A Minneapolis bankruptcy attorney or St. Paul bankruptcy attorney can explain to a debtor  how exemptions work in bankruptcy. A Twin Cities bankruptcy attorney can do a bankruptcy evaluation with the means test to determine a debtor’s eligibility for filing bankruptcy as well as appraising  the proper use of exemptions.  A consumer may find that his or her worst fears of losing property were baseless and that a bankruptcy may provide a chance for a fresh start.

We are a debt relief agency, we help people file for relief under the bankruptcy code.

Factors Contributing To Bankruptcy

Friday, December 17th, 2010

A number of factors may contribute to the decision to do a bankruptcy. Doing a personal bankruptcy is an important step that should be carefully assessed by a debtor.  Generally consumers have a number of different financial pressures that lead to the decision to declare bankruptcy including:

The forgoing economic factors can so drag down a person that he or she feels the only potential for debt relief is through declaring bankruptcy. A debtor experiencing deep financial problems can contact a Twin Cities law firm to meet with a Minnesota bankruptcy attorney who can help a person explore bankruptcy alternativesFiling bankruptcy can not only provide debt resolution but give a debtor a chance for a new start.

Papers To Review For Bankruptcy

Thursday, December 16th, 2010

People who are contemplating  bankruptcy need to not only do a great deal of thinking about it, but review a number of documents.  Reviewing documents is an essential part of determining a person’s eligibility for filing bankruptcy.   It is a sound idea for a debtor to contact a Twin Cities law firm that has a bankruptcy service to set up an appointment to meet with a Minnesota bankruptcy attorney to do a bankruptcy evaluation with a means test. During the meeting with a bankruptcy lawyer there can be a discussion of avenues for debt relief and an opportunity to ask relevant bankruptcy questions.  At that meeting the Minneapolis bankruptcy attorney or St. Paul bankruptcy attorney can also review documents to determine a debtor’s qualification for bankruptcy.  The  papers to review for bankruptcy generally include documents referring to current and/or past due mortgage installment payments, home improvement loan related debt, home equity debt, car loan payments, contract for deed installments, personal loans, bad checks, credit card debt, medical bills, tax liabilities, student loans, other payments, collection notices or other similar financial obligations.
This blog is not intended to give legal advice.

We are a debt-relief agency. We help people file for relief under the bankruptcy code.

Home Improvement pitfalls

Wednesday, December 15th, 2010

Many times a consumer gets into deep financial trouble as a result of spending money on home improvement.  While it may be important to make improvement in a house it must be remembered that the cost of doing so can easily get  away from people and can lead to severe financial strain.  Sometimes people make the mistake of overspending on home improvement.  They take money that otherwise needs to be spent paying other bills and using it to pay for fixing up the house.  Money that is needed to pay on a mortgage, credit cards, medical bills, motor vehicle loan and other necessary expenses should never be diverted for fixing up a home.  If a consumer is going to hire a contractor he or she should do a thorough review of the person’s business conduct  to help minimize the risk that there will be no significant difficulties later with overcharging, poor work, that the work does not get done, or other problems.  A consumer should get a list of former clients from the contractor and contact these people to get references.  Among the questions that should be asked is what work was done by the contractor?, was the customer comfortable with the work that was done?, was work done to a high quality standard?, were there excessive unexpected costs?, was all work done on time?, was it difficult to contact the contractor?, what work would the former customer have liked to have been done differently?, what have other people said about the work that was done?, would the former customer hire the contractor again and how reasonable were the costs that were charged?  The forgoing are only some of the questions that should be asked.  If a consumer is already in debt than home improvement may not be the best course since it could lead to bankruptcy.  A consumer that needs debt relief should review bankruptcy alternatives with an experienced Minnesota attorney.  A Twin Cities law firm can be contacted to arrange for a meeting with a Minnesota bankruptcy attorney.  At the meeting with the bankruptcy lawyer the consumer can discuss his or her financial situation and gather helpful debtor information.  A Minneapolis bankruptcy attorney or St. Paul bankruptcy attorney can provide legal assistance to a consumer in choosing the right course to follow to potentially achieve debt resolution.

This blog is not intended to provide legal advice and does not do so.

We are a debt relief agency. We help people file for relief under the Bankruptcy Code.

Exploring Debt Resolution Avenues

Tuesday, December 14th, 2010

Today’s tough economic times can be extremely hard on consumers.  Creditors often fail to recognize that a debtor may be trying hard to pay bills and will do so, but needs a little flexibility to do so.  Unfortunately, many creditors are not willing to recognize this need for flexibility and/or be reasonable in working toward making workable payment arrangements.  Consumers need not despair because there may be debt relief.  It is often a worthwhile pursuit to explore debt resolution avenues.  There are  Minnesota law offices that offer a bankruptcy service that can help debtors review bankruptcy alternatives.  A Minneapolis bankruptcy attorney or St. Paul bankruptcy attorney can go over a consumers financial situation and help determine what the potential is for debt resolution.  who understood the legal difficulties encountered by debtors. These twin cities bankruptcy attorneys have assisted many debtors with financial legal difficulties and helped them assess available bankruptcy alternatives. When people are having problems making ends meet, it is important that they are well informed about all legal remedies for debt relief, including bankruptcy alternatives.  No  two situations are alike so  that every consumer’s situation requires a careful analysis of the facts and appropriate laws that come into play.  A Minnesota  attorney can  provide sound counsel to help alleviate a debtor’s financial problems, including:

If a consumer can not get debt resolution by one of the forgoing legal approaches then he or she can  also explore whether filing a Chapter 7 or Chapter 13 bankruptcy would be helpful.  In order to do so a consumer must however, be qualified under the law to do so.  A Minnesota bankruptcy lawyer can do a bankruptcy evaluation with the means test to help a debtor find out his or her eligibility for filing bankruptcy. Timely attention to dealing with debt related  legal problems may result in satisfactory debt resolution.

We are a debt-relief agency. We help people file for relief under the bankruptcy code.