Chapter 7 Bankruptcy Lawyer in Minnesota
No Fancy Law Office, Just Solid Legal Advice
If creditor harassment, wage garnishment or credit card debt has gotten out of hand, talk to a Minneapolis lawyer about your bankruptcy options. At Stephen M.Goldfarb Law Office, P.A., we have been helping clients for over 40 years. We are dedicated to running an approachable law office that allows clients to speak candidly about their financial problems.
Contact Stephen M.Goldfarb Law Office, P.A. in St. Louis Park, Minnesota, for an initial consultation about your bankruptcy case.
Our founding attorney, Stephen Goldfarb, knows that the most effective advice comes from a thorough understanding of a client's problem. That is precisely why he spends time with clients, getting to know their particular situation. Once he has a clear picture of their financial dilemma, he can fully explain the bankruptcy laws — paying careful attention to how the laws affect the client's situation. He always provides clients with the information they need to make prudent decisions.
Chapter 7 Bankruptcy Overview
One option for people with serious financial troubles is to file for bankruptcy protection under Chapter 7 of the United States Bankruptcy Code. Chapter 7 bankruptcy allows you to discharge certain eligible debts, including:
- Credit card debt
- Personal loans (unsecured loans)
- Medical bills
- Default fees or interest
- Other personal debt
Please note, some debts are not eligible for discharge through bankruptcy, including back taxes, child support obligations and school loans.
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, the remaining eligible debts are forgiven. Please note, there are federal exemptions that allow debtors to keep their home, automobile and furnishings. Attorney Goldfarb will fully explain these exemptions and the property you would be able to keep.
Not everyone is eligible for Chapter 7 bankruptcy and attorney Stephen Goldfarb will help you determine your eligibility using the applicable means test. People who are not eligible for Chapter 7 bankruptcy, however, are generally eligible for Chapter 13 bankruptcy.
Settle your debts. Contact the Hennepin County law office of Stephen M.Goldfarb Law Office, P.A. to start the process of obtaining debt relief.
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.
