You are required to list all of your creditors, including individuals and companies to whom or to which you owe money. In bankruptcy cases, creditors even include friends and relatives to whom you owe a debt. Listing all creditors ensures that all of your debts are accounted for and treated fairly. Also, in a Chapter 13 bankruptcy case, the court will be able to distribute your monthly payments or any asset liquidation proceeds fairly.
To find out more information about bankruptcy in Minnesota, please read our FREE book: What You Need to Know About Filing Bankruptcy in Minnesota.
Contact our office to schedule an appointment to speak with us. You can reach us by using our online form. We can also be reached by phone at 952.388.2942 or toll free at 800.619.8991. Our attorneys can help you to decide whether bankruptcy is right for you and, if so, which type makes the most sense for your particular circumstances. Different types of bankruptcy have different eligibility requirements, and so it is very important that you consult with an attorney prior to planning any bankruptcy-related action.