Is Bankruptcy Right for You?
People have always had a lot of fear, anxiety and questions about bankruptcy. Likewise, there has always been a great deal of confusion regarding bankruptcy's rules and process. Unfortunately, the new bankruptcy laws enacted by Congress in 2005 have created more fear, more questions and more confusion than ever.
When you come to Prescott & Pearson, P.A., the bankruptcy picture becomes much clearer. At the free initial consultation, together we will take a look at the debts you owe, the assets you have, your monthly budget and other factors. After doing that, we'll be able to explain the available options, give you our opinion as to whether or not bankruptcy is right for you and let you decide what course of action to take. We would also be happy to answer any questions you have about bankruptcy itself.
No one will try to force you into anything. In fact, if we don't think bankruptcy is right for you we'll say so up front.
Use the links below to learn more about our bankruptcy practice.
Types of Bankruptcy
Need-to-Know Information
- The bankruptcy process and timeline
- Misconceptions about bankruptcy
- Preparing for bankruptcy
- Protecting your assets
- What not to do
Related Concerns
- Foreclosures
- Car repossession
- Bankruptcy and taxes
- Wage garnishment
- Creditor harassment
- Debt settlement
- Life after bankruptcy
Accessible and Responsive Client Service
If you decide that bankruptcy is right for you and would like our firm to help you file a petition, you will have one attorney serving as your main point of contact from the beginning of the process through its conclusion. If your attorney is in court, is attending a creditor meeting or is with another client — our support staff will be happy to help you in any way they can and your lawyer will get back to you as soon as they can.
Call for a Free Consultation Today
Minneapolis-St. Paul Area: 651-968-8096
Minnesota Toll-Free: 888-366-0827
To learn more about consumer or small business debt relief options, the Chapter 7 discharge or Chapter 13 repayment plans — call or contact us today to schedule a free consultation.
