Anoka BANKRUPTCY ATTORNEY
Anoka County, MN
Anoka residents need not look further than their own hometown to find the legal counseling that will provide the fresh starts they desire. With extensive expertise in the Bankruptcy Code, our attorneys are equipped with the competencies that are crucial in handling Chapter 13 Bankruptcy, Chapter 7 Bankruptcy, and Debt Settlement. Finding a lawyer capable of directing your Bankruptcy Case to produce a financially free future has never been as refreshingly simple as booking a free 30-45 minute consultation here at Hoglund Law.
If credit card debt, medical bills, or other unsecured debts are the source of your financial trouble, Chapter 7 Bankruptcy could be the path towards your fresh start. If this plan is selected as the most beneficial route to you, filing will result in an automatic stay which bans creditors from collecting or ringing your phone ever again. While the benefits of Chapter 7 are immense, it is not the most desirable option for all, and eligibility requirements can be tricky. Furthermore, if your debts are student loans or child support payments, these debts are not dischargeable, and this path is likely not ideal for you.
To determine if Chapter 7 is capable of providing you with debt relief, it is imperative you consult with a trusted Bankruptcy Lawyer. Navigating the ins and outs of the Minnesota Bankruptcy laws to ensure you receive the best possible outcome is only possible with a qualified lawyer on your side.
Chapter 13 Bankruptcy allows you to pursue financial freedom by making payments to your creditors to a reduced debt through a three to a five-year payment plan. This type of filing is especially perfect for bankruptcy filers who want to safeguard their assets such as their home or car against seizure in Bankruptcy Court.
While Chapter 13 can minimize the disruption to your life, it is not absence of imperfections, and not everyone qualifies. It is essential to understand if this avenue to debt relief is the most advantageous option for you and crucial to begin the filing process if it is. To begin pursuing a course of action and partnering yourself with an ally that will secure you a financially stable future, contact Hoglund Law.
If you have outstanding personal debt and fail to qualify for bankruptcy, there is no need to worry because debt settlement is still a viable alternative. While this option does not discharge your debt, it almost always results in significantly lowering the total debt you owe. Often referred to as debt negotiation, having stellar legal representation draws creditors to the table for mediation.
Thirty years of experience has allowed our outstanding Bankruptcy Attorneys to understand creditors prefer to negotiate with you instead of you filing for bankruptcy which would result in them receiving no payment. Consequently, your representation will negotiate until a resolution is agreed upon that allows you to make feasible payments on your reduced debt. To obtain an attorney that is well versed in debt settlement and has deep expertise in negotiating, schedule a consultation right here at Hoglund Law.