Filing a Chapter 13 Bankruptcy in Minnesota

If you live in the St. Cloud area and are facing insurmountable debts, consider filing a Chapter 13 bankruptcy. When your monthly bills get out of hand, the results can be catastrophic. Fees and interest charges add up month after month, and soon it can be difficult to pay down your balance at all, let alone keep up with regular living expenses. Bankruptcy is a tool you can use to take back control of your personal finances.

The bankruptcy attorneys at Solvent PLLC in St. Cloud are here to help guide you through the process of bankruptcy and ease the stresses of filing. Our attorneys have decades of experience in consumer bankruptcy to make this process as smooth as possible. Contact a Solvent bankruptcy attorney in St. Cloud today to find out if a Chapter 13 bankruptcy is right for you.

What is a Chapter 13 Bankruptcy?

Chapter 13 is one of the most commonly filed chapters of consumer bankruptcy. It involves the discharge of some debts but is centered around the restructuring of your debts into manageable payments. Your existing debts get pooled and reorganized into a repayment plan that will last up to five years, over which time you will pay back your creditors.

When you file in Chapter 13, you can retain ownership and control of certain assets such as homes and property. Since the repayment plan requires monthly payments on time and in full, a Chapter 13 filing is often better suited for consumers who have steady, reliable income. Your Solvent bankruptcy attorney can help you determine if you are eligible to file in Chapter 13.

Contact a St. Cloud Chapter 13 Bankruptcy Attorney

Why struggle against debts when you don’t have to? Start the process of turning your financial life around when you file for bankruptcy in Chapter 13. The attorneys at Solvent PLLC in St. Cloud are ready to help make the filing process as easy as possible and guide you through every step of the way. Call a Solvent lawyer today to get started.