Chapter 7 Bankruptcy Near Wabasha County, MN

Chapter 7 Bankruptcy Can Help You Discharge Debt and Get Back On Track Financially

The advocate for your rights, freedoms, and financial interests

If you are falling far behind on your bills and have a lot of unsecured debt, Chapter 7 bankruptcy may be a solution to stop creditors from pursuing collection actions and start fresh without debt. Chapter 7 bankruptcy is also known as “straight” or “liquidation” bankruptcy. It involves a court-appointed trustee collecting and liquidating the debtor’s non-exempt assets in order to pay off their creditors. There are some assets that may be exempt from liquidation depending on the circumstances- home equity, modest vehicles, work-related tools and equipment, and basic necessities like household appliances are often exempt. An experienced bankruptcy lawyer at Svoboda Law Office can assist you in filing Chapter 7 and represent you throughout this complicated and sometimes exhausting process. We advise and represent clients in the Wabasha County, MN area.

Get Professional Assistance Filing Chapter 7

When filing for Chapter 7 bankruptcy, you must be prepared to present the following information to the court:

 

  1. A list of your creditors as well as the amount and nature of their claims
  2. Detailed information about your income including the source(s) and frequency of pay
  3. A list of all of your assets
  4. A list of your monthly living expenses

Attorney Joyce will help you gather and organize this information and handle the paperwork involved with filing.

Consult With a Chapter 7 Bankruptcy Lawyer in Wabasha County, MN and the Surrounding Areas

To be eligible for Chapter 7, you will need to meet a maximum income requirement. Contact us for a free 30-minute consultation to discuss your situation and find out what options are available to you.

The advocate for your rights, freedoms, and financial interests

How can we help you?

Stop creditor harassment. Call today for your free 30-min consultation

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The advocate for your rights, freedoms, and financial interests

Svoboda Law Office

Address: 108 West Center Street, Suite 103,
Lake City, MN 55041

LEGAL DISCLAIMER:
The information contained on this website is presented for informational and marketing purposes only and is not to be understood as legal advice. You should consult an attorney for advice respecting your individual needs. Svoboda Law Office looks forward to speaking with you about your particular needs. Please note, however, that the mere act of contacting our firm does not create an attorney-client relationship. As a result, you should never send any confidential information to our office until a Representation Agreement has been signed by both you and Svoboda Law Office
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