The greatest benefit of hiring a bankruptcy attorney in Minneapolis is that you can partner with a legal expert who can help you navigate through a complicated Chapter 7 bankruptcy process. What services can a bankruptcy attorney provide?
Bankruptcy Planning and Procedure
A bankruptcy attorney may be able to help you find alternatives to bankruptcy. There may be other options that help you alleviate your debt and get back on track financially.
If you proceed with bankruptcy, then a lawyer can help you decide if a Chapter 7 bankruptcy is your best choice. Your situation may require a Chapter 13 bankruptcy instead. A JD Haas & Associates, PLLC bankruptcy lawyer can go over the details of your case to determine the right choice for you.
Preparing Your Case
There are several ways a bankruptcy lawyer can help you prepare your case:
● The Means Test
The means test calculation indicates whether you qualify for a Chapter 7 bankruptcy or whether you can afford to make payments in a Chapter 13 case. An attorney can take that information and help you decide if a Chapter 7 bankruptcy is right for you.
● Establish Total Property Value
You may not know the actual worth of everything in your home. Your attorney can help you assess the value so that you have a realistic expectation of what your assets are worth.
Minnesota law allows for certain exemptions in a Chapter 7 bankruptcy case. A JD Haas & Associates attorney can go over the exemptions that you qualify for in your case.
● Debt Discharge
Your attorney can help you determine which debts will be discharged and which you will retain.
● Successful Repayment Confirmation
By working with an attorney, you may have a greater chance of getting your repayment plan confirmed by a Minnesota court. How successful you are depends on the circumstances of your case. We will work on your behalf to get you a successful repayment confirmation according to your situation.
The Bankruptcy Proceedings
Your attorney can manage all the aspects of your case during the bankruptcy proceedings including:
● Complete all necessary paperwork
● File all documents according to schedule
● Help you qualify for a discharge
● Represent you in all meetings and court dates
● Make sure your testimony is accurate
● Engage and negotiate with all creditors on your behalf
● Modify your Chapter 7 repayment plan if necessary
Hire a Chapter 7 Bankruptcy Lawyer in Minnesota Today
If you or a loved one were recently injured in an accident, you may want to explore your legal options and file a case against the at-fault party. JD Haas & Associates, PLLC offers legal assistance for people who want to file for bankruptcy in Minnesota.
If you need answers to your questions, then call us at 952-345-1025 to schedule a free case review.