Consumer Bankruptcy Attorney in St. Louis Park
No Fancy Law Office, Just Solid Legal Advice
Most people never believe that they will find themselves in the position of needing financial help. However, a divorce, sudden illness, job loss or other life altering event can quickly turn financial control into financial crisis. Bankruptcy protection can alleviate this financial strain and help you get your life back on track.
If you have questions about consumer bankruptcy laws or need assistance filing for bankruptcy in the Twin Cities area, contact the Minneapolis law firm of Goldfarb Law Office, P.A.
Goldfarb Law Office, P.A. has been helping people in Hennepin County, and the surrounding communities resolve legal problems since 1965. We are dedicated to helping clients through this difficult time in their lives.
Our consumer bankruptcy practice covers:
- Chapter 7 Bankruptcy: Chapter 7 of the United States Bankruptcy Code allows eligible individuals to obtain a fresh financial start. Chapter 7 bankruptcy is also known as liquidation bankruptcy because some of the debtor's property is sold and the proceeds used to pay creditors. Typically, any remaining eligible debts are forgiven. Please note, there are federal exemptions that allow debtors to keep their home, automobile and other important property.
- Chapter 13 Bankruptcy: Chapter 13 of the United States Bankruptcy Code allows individuals to regain control of their finances over time. Chapter 13 bankruptcy is also known as debt consolidation bankruptcy or debt reorganization. Essentially, eligible debts are consolidated into a 3-5 year repayment plan based on your income and basic obligations. One monthly payment is made to the bankruptcy trustee who then disburses payments to creditors. This process allows debtors to catch up on mortgage payments and other bills, as well as stop foreclosure on their home.
If you have questions about your options or need assistance seeking consumer bankruptcy protection, schedule a consultation with an experienced Minnesota lawyer. Contact Goldfarb Law Office, P.A.
Please view our bankruptcy resources for additional information.
We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.


