You understand that things have to change. You can’t keep living with the calls from creditors or the pressure of unpaid bills. You can’t keep subjecting your family to an unpleasant present and an uncertain future. You, and your Minneapolis bankruptcy attorney, have decided that filing for Chapter 7 protection is in your best interest, but you aren’t ready to let go of all of your property just to satisfy your debts.
You May Be Able to File for Chapter 7 and Keep Some of Your Property
Generally, there are two ways that you can keep some property in a Chapter 7 bankruptcy proceeding. You can:
Before you claim exemptions or reaffirm debts, it is important to talk to an experienced bankruptcy lawyer in St. Paul or Minneapolis to find out more about your options and how they impact your property holdings and your future.
Contact a Minneapolis St. Paul Bankruptcy Attorney to Learn More
If you want to learn more about keeping your property in a Chapter 7 proceeding, please contact Minneapolis bankruptcy lawyer Barry Rosenzweig for a FREE consultation at 952.388.2942 or 1.800.619.8991. We also invite you to learn more about bankruptcy proceedings by downloading a complimentary copy of our book, What You Need to Know About Filing Bankruptcy in Minnesota.