Medical bills, credit card debt and/or business debt can be overwhelming, especially when aggressive creditors are unwilling to work with you. Do not despair. We can obtain a fresh start for you under the bankruptcy law by filing a Chapter 7 or Chapter 13 bankruptcy. We have been filing bankruptcies for over 30 years throughout Southern Minnesota, including debtors that live in the cities of Austin, Rochester and Albert Lea. We offer a free consultation to explain to you the bankruptcy law and whether it will work for you. Baudler, Maus, Forman & King, LLP is a debt relief agency and helps people file bankruptcy relief under the Bankruptcy Code.
If you file a bankruptcy, you can obtain a discharge of most, if not all, of your debt, and you will no longer be legally obligated to pay those debts. Some of your debts may be non-dischargeable under the law such as: most taxes and student loans; debts incurred to pay nondischargeable taxes; domestic support and property settlement obligations; most fines, penalties, forfeitures, and criminal restitution obligations; certain debts which are not properly listed in your bankruptcy papers; and debts for death or personal injury caused by operating a motor vehicle, vessel, or aircraft while intoxicated from alcohol or drugs. Additionally, if the debtor can prove that your debt arose from fraud, breach of fiduciary duty, or theft, or from a willful and malicious injury, the bankruptcy court may determine that the debt is not discharged.
You also will be able to keep most, if not all, of your property if you file a bankruptcy. If your home is subject to a mortgage, you can keep it as long as your stay current on your monthly mortgage payments. If your car, SUV or truck is subject to a loan, you can keep it as well, as long as you are current on your monthly loan payments.
But before filing bankruptcy, you must obtain a briefing that outlines the available opportunities for credit counseling and provides assistance in performing a budget analysis. The briefing may be provided individually or in a group (including briefing conducted by telephone or on the internet), and it must be provided by a non-profit budget and credit counseling agency approved by the United States Trustee or bankruptcy administrator. We can provide you with a list of the approved budget and credit counseling agencies at your free initial consultation.
We offer these services concerning bankruptcy law:
- Analysis of the financial situation, and rendering advice and assistance to you in determining whether to file a petition for bankruptcy
- Preparation and filing of a petition, exhibits, attachments, schedules, statement of financial affairs and other documents required by the court
- Representation of you at the first meeting of creditors
- Negotiations with creditors
- Other services reasonably necessary to represent you in a bankruptcy case
Please contact David Foreman by email at firstname.lastname@example.org or by telephone at 507-433-2393, to ask any questions or to make an appointment.