Experienced Minnesota Bankruptcy Attorneys
The knowledgeable bankruptcy attorneys at the law firm of Milavetz, Gallop & Milavetz can provide answers to your bankruptcy questions. Since 1963, our firm has been assisting individuals in need of debt relief.
We are lawyers offering you debt relief.
If you are facing foreclosure, have lost your job, feel overwhelmed with numerous medical bills, going through a divorce … we can help. Before you take any steps forward, you should speak to a Minnesota bankruptcy attorney who can advise you on the best course of action to resolve your debt.
We provide consumer & commercial bankruptcy services with personal attention at many Twin Cities locations and one St. Cloud office. Our services include:
- Chapter 7 bankruptcy filing
- Chapter 13 bankruptcy filing
- Chapter 13 conversion to Chapter 7
- Emergency filings
- Foreclosure prevention
- Obtaining Social Security disability
- And more…
Milavetz, Gallop & Milavetz, P.A. attorneys appear in Minnesota Lawyer for groundbreaking 1st Amendment challenge to the Bankruptcy Act of 2005 (BAPCPA). Read the full story here, or the Supreme Court’s decision here.
What is Bankruptcy?
Bankruptcy is an important legal proceeding provided for in the United States Constitution, which allows the bankrupt to reorganize and discharge debts. Bankruptcy is designed to provide relief and protection to the debtor, and to fairly distribute the debtor’s assets amongst their creditors. Bankruptcies are categorized into different chapters depending on the situation, for example:
• A Chapter 7 Bankruptcy may allow a person who cannot pay their debts, to have a fresh start and discharge their indebtedness. Bankruptcy laws have income guidelines for debtors who wish to file a Chapter 7 Bankruptcy.
• A Chapter 13 Bankruptcy may allow a person to payoff their debts, including taxes, mortgage arrearages and student loans over time. Filing a Chapter 13 frees a debtor from paying interest on unsecured debts such as credit cards or medical bills, although a reasonable rate of interest may be paid on such debts as taxes or car loans. The Chapter 13 payment is determined by income and monthly expenses. Even if a debtor’s income is too high to qualify for a Chapter 7 Bankruptcy, they may be eligible to file for a Chapter 13 Bankruptcy.
Our attorneys will honestly counsel you on the different forms of bankruptcy to determine which is best for you. We will also advise you on what old debts you may wish to repay and what new debts you may wish to incur.
For over 47 years the law firm of Milavetz, Gallop & Milavetz has been serving clients from our offices in Minnesota, including Minneapolis, St. Paul, Edina, Coon Rapids, Brooklyn Center, Roseville, St. Cloud and the entire Twin Cities metro area.
If you feel that a bankruptcy proceeding may benefit you or your business, you should consult a skilled bankruptcy lawyer to help determine your best course of action. Milavetz, Gallop & Milavetz can provide you with advice regarding your bankruptcy questions. Milavetz Gallop and Milavetz P.A. appreciates veterans! In certain circumstances we allow discounts for veterans.
Call one of our attorneys today at (952) 920-7777.
To learn more about Milavetz, Gallop & Milavetz and all of our offerings,
please visit us at MilavetzLaw.com.
