Best Consumer Protection Lawyers in Duluth, MN

Bankruptcy is an option provided by federal law when you need forgiveness of your bills or discharge of your debts. Most, if not all, personal property and belongings are retained.

If you're struggling with your debt, bankruptcy might allow you to keep your home, car, and assets while eliminating your debt. Bankruptcy can stop foreclosures, repossessions, and garnishments to give you an opportunity to catch up.

You will need to provide us with accurate information regarding your assets, income, and debts. If you fail to report correct information, your case could be dismissed, or you may not have all your debts removed. We will guide you through the process and will help you find a solution to your financial difficulties.

That is not a good idea and invites a creditor to challenge the bankruptcy. We strongly recommend speaking with a bankruptcy lawyer to go over your next steps in the process.

It depends, exemptions are fairly liberal. If you have an expensive house with a lot of equity, that can be protected along with your household goods, but you may not be able to protect cash, tax refunds, or toys like boats and 4 wheelers. If you don't have a house or have much equity in it, the possibility of keeping those items increases. The best thing to do is call an experienced bankruptcy attorney for advice.