Nash Law Firm
Bankruptcy Chapter 7 Process
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Bankruptcy is complicated and intimidating.  At Nash & Lodge we strive to help you understand the bankruptcy process and to help you navigate through the many bankruptcy hurdles that may arise.  We will also review your situation to evaluate whether a bankruptcy is truly needed or whether other options exist that better meet your goals.  The following sets out the steps to a Chapter 7 bankruptcy process with Nash & Lodge.

First Step

Schedule Appointment

  • One of our lawyers will sit down with you to explain the process and get the information needed to determine what your options are.  Sometimes there are options other than a bankruptcy that will better address your situation.  Sometimes the type of bankruptcy or the timing of the bankruptcy is important.  
  • We need to gather information regarding your income, your assets, your liabilities.  
  • We will also look at your monthly budget to determine where your income is coming from and what your monthly expenses are.
  • We will seek information about past and future events that could impact your bankruptcy.

Have you given away assets?
Have you sold assets?
Are you expecting an inheritance?
Are you expecting to be sued?
Are you expecting to sue? 

  • We will advise you about your options and whether you can proceed with a bankruptcy. 

Do you qualify for a Chapter 7 bankruptcy?
Will a sale of property avoid the need for a bankruptcy?
Is it possible to renegotiate debt with creditors to avoid bankruptcy?
When is the best time to file bankruptcy? 


Bankruptcy Question Form
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Bankruptcy Question


NOTICE:

The foregoing is not intended to constitute legal advice for any specific circumstance, but is intended to reflect broadly applicable principles, under Minnesota law, relevant to a typical situation. Each set of facts and each contract is, or can be unique; the unique facts and specific language of the contract may require a different legal analysis and may result in a different outcome. Before proceeding in reliance upon this or any other general description of law, consult with an attorney competent in the field of practice relevant to your situation.

 

Copyright 2010 Nash Law Firm

This Bankruptcy Law Firm is a federally designated DEBT RELIEF AGENCY as defined in the 2005 amendments to the US Bankruptcy Code. This law firm provides legal advice regarding the pros and cons of filing bankruptcy and represents people and small businesses in filing for bankruptcy relief under the US Bankruptcy Code. Debt Relief Agency Notice

Nash Law Firm- 2705 Bunker Lake Blvd., Suite 107, Andover, MN 55304 - 763.862.6100