Overview of Chapter 7 Bankruptcy in Minneapolis

This overview of Chapter 7 Bankruptcy in Minneapolis explains why this process is often called the “clean slate” or “fresh start” bankruptcy in Minnesota. Most unsecured debt—such as medical bills, credit card debt, and utility bills—is eliminated through this type of bankruptcy. However, there are exceptions to the kinds of debt that can be discharged, which is why working with a talented Chapter 7 bankruptcy attorney could be essential to fully understand your options.

What cannot be discharged in a Chapter 7 Bankruptcy?

• Student loans
• Taxes
• Child support
• Credit card debt incurred in the 90 days prior to filing bankruptcy

All are exempt from a Chapter 7 bankruptcy discharge.

How will Chapter 7 Bankruptcy Take?

Generally, it will take between four and six months to complete a Chapter 7 bankruptcy in Minnesota.

An experienced Minnesota bankruptcy lawyer will ensure all the steps of your bankruptcy filing are completed accurately and in a timely fashion.

With the advice and counsel of a Minnesota bankruptcy attorney, you are more likely to discharge your bankruptcy sooner.

Contact a Chapter 7 Bankruptcy Attorney Today

After reviewing this Overview of Chapter 7 Bankruptcy in Minneapolis, you may have more questions about your debt relief options. Speaking with a talented Chapter 7 bankruptcy attorney could help you better understand the process and how it applies to your situation. Contact us today for a free consultation.