When your debts get out of control, you may face legal action from your creditors in the form of hassling creditor calls or threats of foreclosure on your home. These actions can put unnecessary additional stress on your life, and it can feel like there is no way out. Fortunately, with the help of an experienced bankruptcy attorney there are actions you can take to stop collections and foreclosure in Minnesota.
Get in touch with the bankruptcy attorneys at Solvent PLLC in Chaska, MN and Carver County to learn more about stopping the collections and foreclosure processes.
How to Stop Collections and Foreclosure
Creditors can be ruthless in their pursuit of repayment by hassling you at all hours and putting your home into foreclosure. One of the most effective ways to stop the process of collections and foreclosure is to file for bankruptcy. The moment you file, an automatic stay will go into effect, which immediately halts all actions against you including:
- Collection attempts
- Foreclosure efforts
- and more …
A bankruptcy lawyer can assess your finances and your unique situation to determine the chapter best suited for your needs. You will most likely file in either Chapter 7 or Chapter 13, which are the most common chapters of consumer bankruptcy. An automatic stay is an essential aspect of each of these chapters of bankruptcy and will give you the breathing room to organize your finances.
Contact a Minnesota Bankruptcy Attorney to Stop Collections and Foreclosure
If you have been put into collections or are facing the threat of foreclosure, contact a bankruptcy attorney today. The lawyers at Solvent PLLC in Chaska, MN and Carver County have years of experience in stopping collections and foreclosure. Let us help you get back control of your finances. Contact a Solvent bankruptcy attorney today for a consultation 651-374-8881.
