“Elaine has changed my life for the better and given me a new start, for which I am grateful for. Each day still brings new challenges and obstacles in my life, but knowing Lamey Law Firm is there to answer my questions, emails, and problems that come up, is very re-assuring and gives me new hope for the future. Thanks to all of them!”
R.W.
A Chapter 7 bankruptcy can be completed in about three months. Chapter 13 bankruptcies usually take five years to conclude. In either case, your creditors can no longer contact you directly once you've filed for bankruptcy.
There are a lot of variables concerning the amount of personal property you will be allowed to keep. However, most of our clients get to keep all of their possessions.
To be eligible for a Chapter 7, which can cancel all unsecured debts, you must make less than the median income for the state of Minneapolis. A Chapter 13 bankruptcy is the "wage earner" alternative to Chapter 13. For about 5 years, all of your disposable income will go to a trustee who will distribute the money amongst your creditors.
We understand that you may be hesitant to retain an attorney, especially if you are not sure whether it is worth it. At Lamey Law Firm P.A., the initial consultation is always free, which means you don't have to hire a bankruptcy attorney until you've first spent some time with one! We can go over your finances and discuss your potential options, all at no cost or obligation to you. Then you can decide for yourself whether or not you will benefit from our services.
