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Preparing for Bankruptcy

Making the Most of Bankruptcy's
Opportunity for a Fresh Start

If it seems like you're constantly struggling to make ends meet — missing payments, paying less than the amount due or being forced to choose making the mortgage payment this month or heating your home — maybe it's time to stop and consider another option.

With the right attorney preparing you for and filing your bankruptcy petition, you could make it through the bankruptcy process and still have your home, your retirement savings, the college funds for your kids, your car and probably all of your personal property too.

At Prescott & Pearson, P.A., you'll find the answers you need to decide whether bankruptcy is right for you — and the experienced legal representation you'll need to make the most of bankruptcy's opportunity for meaningful debt relief. Our attorneys have handled nearly 70,000 bankruptcy cases in Minnesota. This is all we do, in fact, and it's something we've been doing well for more than 35 years.

To learn more about preparing for bankruptcy or schedule a free consultation, call or contact our Twin Cities area law offices today.

Preparing for Bankruptcy Starts Today

Even if you still don't know if bankruptcy is right for you, you can start preparing for the possibility that you might need to file for bankruptcy protection in the future by avoiding common mistakes such as trying to transfer assets to another person or making major credit purchases shortly before you file.

The next step is the free initial consultation.

What happens at the initial consultation? We will sit down with you and go over the list of creditors, your pay stubs, bank statements, tax returns and other information that we'll have asked you to bring in advance. This will help us determine whether you're eligible for bankruptcy and provide a framework for what we'll do if you decide that's what you want. Your lawyer will also be happy to answer any questions you may have.

"This Is All We Do and We Do It Well."

Minneapolis-St. Paul: 651-968-8096 / Statewide Toll-Free: 888-366-0827

For answers to any other questions about bankruptcy in general, or about your specific situation and concerns — don't hesitate to call or contact our lawyers in the Twin Cities area for a free consultation.

Upcoming Seminars

  • May 20 th 2010
    Realtor Speaker Series:
    Short Sale/Foreclosure Discussion and Bankruptcy Q&A
  • April 6 th, 2010
    Minnesota State Bar CLE
    Consumer Bankruptcy Basics; Client Interview and Pre-Petition Advice
  • October 6 th, 2009
    Minnesota State Bar Association CLE and the Bankruptcy Section of the MSBA
    2009 Bankruptcy Institute: Bankruptcy 101; Bailout of the Financially Distressed Individual Debtor
  • August 19 th, 2009
    February 26, 2009 and June 16, 2008: Minnesota State Bar Association CLE Consumer Bankruptcy Basics; Client Interview and Pre-Petition Advice
  • December 18 th, 2007
    Minnesota State Bar Association CLE
    Bankruptcy Series: Reaffirmations
  • October 6 th, 2006
    Minnesota State Bar Associations CLE and the Bankruptcy Section of the MSBA
    2006 Bankruptcy Institute: Chapter 7 issues under the New Act
  • May 8 th, 2006
    Minnesota State Bar Association CLE
    Bankruptcy Reform 2006: Means Testing: Debtor's Perspective
  • June 20 th, 2005
    Minnesota State Bar Association CLE
    Bankruptcy Reform 2005; Professionalism in Consumer Bankruptcy Practice, Means Testing: Debtor's Perspective, Changes in Exemptions
  • September 12 th, 2005
    Minnesota State Bar Association CLE and the Bankruptcy Section of the MSBA
    2005 Bankruptcy Institute: Chapter 7 Bankruptcy Reform and the Everyday Practitioner
  • September 23 rd, 2004
    Minnesota State Bar Association CLE and the Bankruptcy Section of the MSBA
    2004 Bankruptcy Institute: Getting Paid in Bankruptcy Cases
  • March 9 th, 2004
    Minnesota State Bar Association CLE
    Bankruptcy Basics: Initial Interview and Pre-Petition Advice

Contact Us

Prescott & Pearson, P.A.
443 Old Highway 8 Northwest
Suite 208
New Brighton, MN 55112
Phone: 651-968-8096
Toll Free: 888-366-0827
Fax: 651-633-7562
E-Mail Us / Get Driving Directions

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