Eagan Bankruptcy Attorney
Dakota County, MN
Looking for an Eagan Bankruptcy Attorney? Eagan residents have trusted Hoglund Law for 29 years to deliver exceptional legal advice and debt relief assistance. Our highly qualified and experienced Bankruptcy Attorneys have the crucial expertise in the Bankruptcy Code that will assist you throughout the bankruptcy filing process. Taking the first step towards a fresh financial future is made simple at Hoglund Law by scheduling a free consultation directly with one of our Bankruptcy Lawyers with no upfront fees. Our attorneys can provide you with anything from Credit Counseling to understanding Bankruptcy Basics to handling your Bankruptcy Case.
Filing for Chapter 7 Bankruptcy results in discharging unsecured and credit card debt that has been harming your financial stability. Hoglund Law makes taking the first step towards discharging debt as easy as possible with a free consultation with one of our Bankruptcy Lawyers right here in Eagan.
Chapter 7 Bankruptcy is not the right Bankruptcy filing for everyone and not all debts can be eliminated through this route. For example, child support and student loan debts can not be discharged with Chapter 7. For these reasons, it is crucial to consult with a qualified attorney to aid you in selecting the most advantageous course of action.
Chapter 13 Bankruptcy filers repay creditors through a three to five-year payment plan while maintaining protection of non-exempt assets. This type of Bankruptcy filing allows you to reorganize your debts while safeguarding assets such as your home or car. At Hoglund Law, our trusted attorneys assist in negotiating with creditors to ensure the payment plan is feasible and leaves you financially free upon completion.
The payments to your creditor will be to an amount lower than what it would be if you chose a debt settlement plan. After completing the three to five-year payment plan, certain debts will be completely eliminated, including credit card debt and medical bills. Determining eligibility and selecting the most beneficial type of filing can be overwhelming and complex. Consequently, it is imperative to schedule a consultation with a Hoglund Law attorney to discern if Chapter 13 is right for you.
If you do not qualify for bankruptcy, debt settlement is a beneficial option when assisted by an attorney with deep expertise and experience. Debt settlement is the process by which Bankruptcy Lawyers directly legally negotiate with your creditors to reduce the debt you owe.
With experience in one hand and your best interest in the other, our Bankruptcy Attorneys are prepared to mediate until a favorable resolution is produced. Knowing that debt settlement is preferred to bankruptcy in the minds of creditors, our attorneys are skilled in crafting resolutions that leave both parties satisfied.
Additionally, when the new negotiated debt is paid off, your credit report may not be impacted as much as bankruptcy would have damaged it. In the case that debt settlement is handled by a Hoglund Bankruptcy Attorney, this course of action can be the perfect fit for some clients.