A Chapter 7 or Chapter 13 Consumer Bankruptcy Can Relieve Your Anxiety
If you are under stress because of credit card debt, a pending foreclosure, taxes, a garnishment, job loss, or some other financial burden, contact Chmielewski Law Office toll free at 866-446-6529 to arrange for a free consultation. Filing for bankruptcy can help you restart your life in the following ways:
- Stop Bill Collectors Through Chapter 7 or Chapter 13
Bill collectors can wreck a person's mental well-being. Bankruptcy lawyers can protect you from harassment. Once you file for bankruptcy court protection under either Chapter 7 or Chapter 13, they cannot call you, send you mail, sue you, disconnect your utilities, garnish your wages, repossess your car or foreclose on your home. - Stop Lawsuits Through Our Bankruptcy Attorneys
Once you file Chapter 7 or Chapter 13 bankruptcy, creditors cannot receive a judgment or file a lawsuit against you. - Save Your Home Through Our Bankruptcy Lawyers
Keep your home! Every family needs a home and Chmielewski Law Office will help you stay in it through bankruptcy protection. - Save Your Car and Reduce Your Payment
In many cases, high car payments are a contributing factor to a person needing bankruptcy protection. Chmielewski Law Office can stave off the repo man and also help negotiate a lower monthly payment. - Stop Credit Card Interest
Many credit card companies often charge high interest to those who can afford it the least. Recently, some have even have a "universal default" clause which can automatically raise your interest rate if your credit card is current but you have a late payment with another lender!
What Exactly is Chapter 7 Bankruptcy in Minnesota or Wisconsin?
When a person goes through Chapter 7 bankruptcy (also called liquidation bankruptcy or straight bankruptcy) they emerge completely debt-free unless they have certain non-dischargeable consumer debts, which include specific civil lawsuit damages, student loans, federal and state tax arrearages and child support obligations. Chapter 7 bankruptcy is especially helpful for people who have high unsecured debts like medical bills, credit card debt and unsecured personal loans. A person or married couple filing Chapter 7 bankruptcy must sell non-exempt property, such that the proceeds of the bankruptcy estate go to that person's creditors. Debtors may enter into a reaffirmation agreement with specific creditors to hold on to certain important assets, such as car loans or mortgages. As a result of the mandatory sale of non-exempt property, many people who file Chapter 7 bankruptcy do not have many assets, if any, and complete the bankruptcy process in mere months. anyone who completes Chapters 7 or 13, cannot file again for eight yearsFor most people in debt, Chapter 7 bankruptcy is a convenient vehicle for making a fresh financial start in life.
Put A Minnesota and Wisconsin Bankruptcy Attorney To Work For You
Once Chmielewski Law Office receives everything, it usually takes about 3-4 months before everything is finished. In addition, we can usually make sure our bankruptcy clients only have to attend one hearing. Chmielewski Law Office will perform the following services in prosecuting a consumer bankruptcy for you:
- Meet with the debtor to review and analyze the debtor's real and personal property, debts, income, and expenses and advise the debtor on whether to file a bankruptcy petition.
- Explain the various bankruptcy and non-bankruptcy options.
- Advise the debtor of the requirements at the meeting of creditors and ensure that the debtor is adequately represented by an attorney.
- Prepare and file the debtor's petition, plan, schedules, statements, certificates, and other documents required to commence a case.
- Prepare, file, and serve any necessary amendments to the petition, schedules, and statements.
- Fully advise the debtor of the legal effect and consequences of proposed reaffirmation agreements and any defaults thereunder.
- Prepare, file, and serve responses to motions for dismissal; represent the debtor in connection with any audit request; and represent the debtor in bringing and defending any and all other matters or proceedings in the bankruptcy case.
Commence Your Minnesota or Wisconsin Bankruptcy Today!
While the new laws for bankruptcy have changed the processes for filing, it is still possible for people in Minnesota and Wisconsin who have fallen victim to the financial crisis or with debt credit issues to eliminate debts completely through consumer bankruptcy. Contact a Minnesota consumer bankruptcy attorney and Wisconsin consumer bankruptcy attorneyat Chmielewski Law Office. Call us today toll free at 866-446-6529 to arrange for a free consultation.
