Minnesota Bankruptcy Process
Bankruptcy cases have a well defined and predictable process. Below is a step-by-step analysis of the Minneapolis bankruptcy process.
Before filing you will have to take a credit counseling course over the internet (or by phone). This course should not take more then 30-45 minutes. There is a small fee for the course that you pay directly to the provider. Once you complete the course a certificate of completion is generated and the provider gets it to me and I file it with the court.
There are many providers for this course, and you can choose whatever provider you prefer, but click here for a link to a bankruptcy credit counseling provider I have used for years. They get the course done at a reasonable price and at a minimum of hassle for the client:
Once a client finishes the credit counseling and gets me the information that is required I prepare the bankruptcy petition, statements, schedules and forms. You can see what all these forms look like by clicking here.
I meet with you and we review these documents. You sign the necessary pages and I file everything electronically with the court.
The Minnesota Bankruptcy Court, by the way, is a division of the United States Federal Courts. Years ago special efforts were made for the bankruptcy system to be the trailblazer with electronic filing. Now everything is filed electronically with the bankruptcy courts. State courts in Hennepin County, Ramsey County, Dakota County, Washington County and virtually all Minnesota counties still do not have electronic filing!
THE CHAPTER 7 PROCESS:
Minneapolis Chapter 7 cases usually take about 90 days from start to finish. There is one hearing you have to attend.
DO NOT WORRY ABOUT THIS HEARING. I WILL BE THERE WITH YOU AND YOU WILL BE WELL PREPARED.
I have attended thousands of these hearings with clients, and you should have no problem at all. You are not cross examined. There are no surprise questions.
Before your case is discharged you have to take a second bankruptcy course again over the internet or by phone. Again, there are many providers, and you can choose whatever provider you like, but click here for a link to a provider that does a very good job at a very good price.
After you complete the second course the provider sends me a certificate of completion and I file it with the bankruptcy court.
About 90 days after your case is filed you receive your discharge, which is a Minnesota Bankruptcy Court order from a Minnesota Bankruptcy Judge that legally wipes out your debt.
THE CHAPTER 13 PROCESS:
The Chapter 13 bankruptcy process is similar to the Chapter 7 bankruptcy process. Before your case is filed you have to take the counseling course mentioned above, and after case filing you have to take the second counseling course, also mentioned above.
There is a hearing for you about 30 days after the case is filed.
DO NOT WORRY ABOUT THIS HEARING. I WILL BE THERE WITH YOU AND YOU WILL BE WELL PREPARED.
I have attended thousands of these hearings with clients, and you should have no problem at all. You are not cross examined. There are no surprise questions.
There is a second hearing about a month after the first hearing. This second hearing you DO NOT attend. Your Chapter 13 case gets confirmed, or approved, at this second hearing.
From there you pay your Chapter 13 payment directly to the Chapter 13 Bankruptcy Trustee and the Chapter 13 Bankruptcy Trustee will make distributions to your creditors. Once your payments are completed you will receive your discharge, which is a Minnesota Bankruptcy Court order from a Minnesota Bankruptcy Judge that legally wipes out your remaining dischargeable debt.
I would be happy to discuss in greater detail everything you will need to know about the Chapter 7 or Chapter 13 bankruptcy process either over the phone or at a consultation.
For the quality of service, knowledge of the law, experience, and client attention no attorney will give you more bang for your buck.
I am recognized as a debt relief agency, and provide bankruptcy relief using the laws of the State of Minnesota and the United States Bankruptcy Code.
Together we can get you back in charge of your finances.
CALL ME OR EMAIL ME TODAY!
My phone numbers are 651-454-0007
and 952-261-7348.
My email is rjlundquist@ymail.com
Learn More about the Minneapolis Bankruptcy Process
- Initial Consultation : What you should expect when you first meet with me.
- Bankruptcy Alternatives : Learn more about your options.
- Bankruptcy Reform : Learn how the Bankruptcy Laws in Minnesota change.
- Chapter 13 Bankruptcy : Specifics about Minneapolis Chapter 13 bankruptcy.
- Chapter 7 Bankruptcy : Specifics about Minneapolis Chapter 7 bankruptcy.
