Posts Tagged ‘bankruptcy myth’

Getting Reliable Bankruptcy Information

Thursday, January 13th, 2011


People experiencing debt pressures sometimes rely on faulty information in assessing what can be done to make the problematic situation better.  There are a lot of bankruptcy myths if believed can destroy the initiative to make positive changes in the financial situation.  Rather than rely on unreliable gossip, misinformation or myth a debtor should turn to a Minnesota lawyer who is experienced at providing legal assistance to consumers who have financial difficulties.   A consumer who needs bankruptcy information can contact a Twin Cities law firm that handles bankruptcy.  A Minnesota bankruptcy attorney can provide legal help to a consumer who feels severe financial pressures and wants to explore potential debt relief by giving accurate debtor information and if the person is eligible providing legal help in filing for bankruptcy.  A Twin Cities bankruptcy attorney can help a person who is overwhelmed with debt related pressures including harassing creditors, judgments, repossession, garnishment and foreclosure.  A knowledgeable Minneapolis bankruptcy attorney or St. Paul bankruptcy attorney can do a bankruptcy evaluation that includes the means test for a person that will help them better determine eligibility for debt relief.  Rather than let worry over financial matters cause continued anxiety and pressure a debtor can get straight answers and explore debt relief avenues with an experienced  bankruptcy attorney that will allow for a new beginning.

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

Fear Of New Bankruptcy Law

Saturday, January 1st, 2011

There is a mistaken notion among some consumers that the so called new bankruptcy law eliminates personal bankruptcy.  This is not the case.  Consumer’s should not fear  the new bankruptcy law.  While the bankruptcy reform act, which many refer to as the new bankruptcy law, made numerous changes to the bankruptcy code, the truth is that most people will still be able to qualify for either a chapter 7 bankruptcy or a chapter 13 bankruptcy.  In assessing whether an individual or a husband and wife can qualify for bankruptcy, it is important to understand the qualifications and requirements that apply to each type of bankruptcy and how those qualifications and requirements apply to each person’s financial situation.  Listening to the myths about the bankruptcy law changes instead of meeting with a knowledgeable and experienced bankruptcy lawyer to discuss debt problems can be harmful.  Another common misconception is that it is extremely difficult to file bankruptcy.   This is not accurate.  While it is true the bankruptcy code can be complicated and that it may be difficult to understand how the bankruptcy code applies to a particular individual’s situation, the reality is that it is not extremely difficult to file bankruptcy.  Filing bankruptcy, however, does require a commitment on the part of the consumer to provide complete and accurate information so that the documents necessary to file for bankruptcy can be properly and accurately prepared.  The  bankruptcy process can be made easier by the assistance of an experienced Minneapolis bankruptcy lawyer or St. Paul bankruptcy attorney who understands what  is needed for each type of bankruptcy.  It can be very useful for a consumer experiencing deep financial problems to contact a Twin Cities law firm who can arrange for him or her to meet with a Minnesota bankruptcy attorney.  A meeting with an experienced Minnesota lawyer may be the first step to debt resolution.

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