Chapter 7 Bankruptcy Archives

What documents do you need to file for bankruptcy?

At the height of the Great Recession, many Minnesota residents filed for bankruptcy. Those numbers went down in recent years, but 2018 saw an increase from the previous year. According to data from the United States Bankruptcy Court District of Minnesota, 9,761 people filed for bankruptcy in 2018, which is a 1.54 percent increase from 2017. 

Debt relief and Chapter 7 bankruptcy

When people in Minnesota are struggling under the burden of unmanageable debt, they may not know what to do in order to obtain some relief. Such debt can result from unexpected illnesses, unemployment and overspending with credit cards and lines of credit. No matter how the debt ballooned, reaching solvency can involve either negotiating with creditors or filing for bankruptcy.

Prescott Pearson & Tande, PA
443 Old Highway 8 Northwest, Suite 208
New Brighton, MN 55112

Toll Free: 888-366-0827
Phone: 651-968-8096
Fax: 651-633-7562
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