St. Paul Bankruptcy Lawyer
Debt can be overwhelming. It can cause you physical and emotional stress and impact all aspects of your life, from your career to your family situation. If you are struggling with overwhelming debt and looking for a way to stop the creditors, speaking to a bankruptcy lawyer can help you put the pieces back together and determine your best plan of action.
What is Bankruptcy?
Bankruptcy, in general, alleviates you of certain unsecured debts. This may include credit card bills, utility bills and medical expenses but will not include student loans or child care payments. As soon as you file for bankruptcy the creditors and debt collectors must stop and so will the foreclosure notices if this is a problem. You will need to make a court appearance with a lawyer and provide evidence of financial hardship in order to have your bankruptcy case approved. All of this can be done through a St. Paul bankruptcy lawyer. Bankruptcy comes in three main forms:
- Chapter 7 “liquidation” bankruptcy
- Chapter 13 “reorganization” bankruptcy
- Chapter 11 “business” bankruptcy
Understanding your Options
Bankruptcy is not for everyone, and it is important that you understand your other options as well. You may be better off consolidating your debts or taking out a loan to help with your debts. You may be better off relying on family members for assistance and restructuring your spending habits to help clear those unpaid bills. When you meet with our St. Paul-based bankruptcy lawyer, we will help outline your options and determine whether bankruptcy is right for you.
Questions Surrounding Bankruptcy
There are a number of questions surrounding bankruptcy. Will you lose your home and your car? Will your credit be affected? Will you be able to get a loan again? Will your personal finances be impacted by business bankruptcy? Can you keep some assets? The answers to these questions depend on your individual situation. Speaking to an attorney can give you a better idea of what to expect. Dudley and Smith, P.A. is a debt relief agency. We help people file for relief under the Bankruptcy Code.
St. Paul Bankruptcy Lawyer
Steven C. Opheim is a qualified business lawyer with Dudley and Smith, P.A. with over 25 years of experience helping clients across Minnesota and Wisconsin with consumer and business bankruptcy as well as commercial litigation. You can trust the diligence and professionalism brought forth by Steven C. Opheim. His highest priority is to serve his clients’ interests. To learn more about the process of filing for bankruptcy, contact St. Paul-based law firm Dudley and Smith, P.A. today at 651-291-1717.
Brian M. Glodosky has a wide-ranging practice area but has focused on bankruptcy matters throughout his career. He is committed to finding creative solutions to all kinds of bankruptcy needs. To learn more about your bankruptcy options, contact St. Paul-based law firm Dudley and Smith, P.A. today at 651-291-1717.
