Representing Minnesotans in Bankruptcy for More Than 35 Years
"This Is All We Do and We Do It Well."
Have you seen advertisements encouraging you to "File bankruptcy cheaply" by using free legal forms and limited help from a non-attorney advisor? Have you thought that you could read up a bit and just try to do it yourself? At Prescott & Pearson, P.A., we know from experience that it is very foolish indeed for private individuals to attempt to file bankruptcy without qualified legal representation throughout the entire process, including:
- The means test
- Gathering documentation of income, assets and debts and other verifications that are often required by the trustee
- Preparing to file bankruptcy
- Accurately characterizing and reporting exemptions
- Appearing before a court-appointed trustee at the 341 creditors' meeting
- Completing documented, legally required credit counseling and debtor education on schedule and to the satisfaction of the court
- Responding to any requests from the trustee for clarifications or corrections
Bankruptcy is a highly technical area of the law. Time and again, our attorneys have witnessed individuals without lawyers at 341 creditors' meetings lose property due to preventable mistakes made while representing themselves pro se.
Why Do You Need a Lawyer, a Dentist, a Car Mechanic or a Plumber?
When we need teeth pulled, we go to a dentist. When we need major car repairs done, we turn to reputable mechanics. When we have leaky pipes, we call qualified plumbers. Likewise, we encourage individuals who are preparing to file bankruptcy to entrust the job to a knowledgeable attorney with a solid reputation, ideally a lawyer whose sole focus is bankruptcy. Prescott & Pearson, P.A., has a strong legal team ready to guide you adeptly through bankruptcy to true debt relief with confidence.
What About Cheaper Alternatives?
If a non-attorney form preparer makes a serious mistake that causes you to lose property or have your bankruptcy petition dismissed, who will pay the price? Will a bargain-rate bankruptcy form preparer advise you correctly on the right timing for your bankruptcy in light of special circumstances such as a pending divorce or a small business failure? Who knows the trustees, the judges and the bankruptcy court system inside and out?
Do Reputation and Experience Matter?
Prescott & Pearson, P.A., has earned the reputation that our clients depend on, in more than 35 years of bankruptcy law practice in the Twin Cities. We take the time and care necessary to prepare properly for 341 creditors' meetings. This includes advising our clients on how to conduct themselves as well as making sure that every detail in each bankruptcy petition conforms to the law. Trustees are assured that our clients' petitions will be accurate and honest.
Contact a Minneapolis Bankruptcy Attorney
Call for a Free Consultation Today
- Minneapolis-St. Paul Area: 651-968-8096
- Minnesota Toll-Free: 888-366-0827
To learn more about Minnesota consumer bankruptcy, call or contact our bankruptcy lawyers today. We offer free initial consultations, quality services at competitive rates and effective representation statewide.