December 2018 Archives

The key differences between Chapter 7 and Chapter 13

If you are a Minnesota resident struggling under a heavy debt load, you may be thinking about filing bankruptcy so as to get most of your debts discharged and give yourself a new financial start. If so, you likely have many questions about which type of bankruptcy is right for you, Chapter 7 or Chapter 13.

Understanding the bankruptcy means test

As someone facing considerable debt, whether due to medical bills, credit card use or what have you, you may be working through your options and trying to determine whether bankruptcy may give you the fresh start you crave. Typically, should you decide to move forward with a consumer bankruptcy, you will do so through either a Chapter 7 bankruptcy or a Chapter 13 filing, and the bankruptcy means test can help you determine whether a Chapter 7 filing is potentially an option for you.

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

Toll Free: 888-366-0827
Phone: 651-968-8096
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