Amazines Free Article Archive - Monday, April 22, 2019
Read about the most recent changes and happenings at
Log into your account or register as a new author. Start submitting your articles right now!
Search our database for articles.
Subscribe to receive articles emailed straight to your email account. You may choose multiple categories.
View our newest articles submitted by our authors.
View our most top rated articles rated by our visitors.
* Please note that this is NOT the ARTICLE manager
Add a new EZINE, or manage your EZINE submission.
Add fresh, free web content to your site such as newest articles, web tools, and quotes with a single piece of code!
Home What's New? Submit/Manage Articles Latest Posts Top Rated Article Search
Subscriptions Manage Ezines
 Article Archive
 Advertising (133290)
 Advice (160812)
 Affiliate Programs (34733)
 Art and Culture (73675)
 Automotive (145638)
 Blogs (75018)
 Boating (9841)
 Books (17130)
 Buddhism (4124)
 Business (1328252)
 Business News (426309)
 Business Opportunities (366255)
 Camping (10952)
 Career (72759)
 Christianity (15839)
 Collecting (11636)
 Communication (115053)
 Computers (241935)
 Construction (38991)
 Consumer (49675)
 Cooking (17061)
 Copywriting (6567)
 Crafts (18206)
 Cuisine (7538)
 Current Affairs (20379)
 Dating (45775)
 EBooks (19684)
 E-Commerce (48193)
 Education (185181)
 Electronics (83490)
 Email (6389)
 Entertainment (159817)
 Environment (28932)
 Ezine (3038)
 Ezine Publishing (5443)
 Ezine Sites (1553)
 Family & Parenting (110895)
 Fashion & Cosmetics (196382)
 Female Entrepreneurs (11842)
 Feng Shui (130)
 Finance & Investment (310256)
 Fitness (105902)
 Food & Beverages (62846)
 Free Web Resources (7937)
 Gambling (30213)
 Gardening (25076)
 Government (10512)
 Health (629236)
 Hinduism (2206)
 Hobbies (44030)
 Home Business (91543)
 Home Improvement (251316)
 Home Repair (46116)
 Humor (4814)
 Import - Export (5449)
 Insurance (45116)
 Interior Design (29544)
 International Property (3485)
 Internet (190964)
 Internet Marketing (146300)
 Investment (22824)
 Islam (1168)
 Judaism (1357)
 Law (80458)
 Link Popularity (4592)
 Manufacturing (20839)
 Marketing (98753)
 MLM (14136)
 Motivation (18211)
 Music (26998)
 New to the Internet (9476)
 Non-Profit Organizations (4048)
 Online Shopping (129607)
 Organizing (7801)
 Party Ideas (11856)
 Pets (38083)
 Poetry (2234)
 Press Release (12670)
 Public Speaking (5620)
 Publishing (7522)
 Quotes (2407)
 Real Estate (126609)
 Recreation & Leisure (95239)
 Relationships (87446)
 Research (16156)
 Sales (80313)
 Science & Technology (110154)
 Search Engines (23445)
 Self Improvement (153089)
 Seniors (6227)
 Sexuality (35942)
 Small Business (49282)
 Software (82953)
 Spiritual (23461)
 Sports (116071)
 Tax (7658)
 Telecommuting (34064)
 Travel & Tourism (307146)
 UK Property Investment (3118)
 Video Games (13422)
 Web Traffic (11724)
 Website Design (56802)
 Website Promotion (36556)
 World News (1000+)
 Writing (35761)
Author Spotlight

California Tea House is a family-owned tea store. The company began by selling tea at local farmer's...more

My Name is Anish Sah, I am an Internet Marketing and SEO Expert, Social Media Guru and young Entrepr...more

I have been involved in nutrition and weight management for over 12 years and I like to share my kn...more

I am an essay writer with vast experience in data analysis, PowerPoint writing and research paper ed...more

To provide Visa services from India Working At Aptech Visa global immigration Pvt Ltd. Company is g...more

How to Handle Bankruptcy In Minnesota by Fabiola Groshan

How to Handle Bankruptcy In Minnesota by
Article Posted: 12/16/2008
Article Views: 1163
Articles Written: 9448
Word Count: 574
Article Votes: 11
AddThis Social Bookmark Button

How to Handle Bankruptcy In Minnesota

It’s a disaster if someone is insolvent and unable to pay their dues. Declaring bankruptcy is a disaster and understandably causes a bout of depression. But if due to circumstances, someone reaches a situation in which they have to declare themselves bankrupt, it must be done with all due care and diligence. The Minnesota Bankruptcy law gives people the facility to declare bankruptcy in two ways: Chapter 7 bankruptcy, and Chapter 13 Bankruptcy. In fact these bankruptcy options are available almost all over America, informs one Minneapolis Bankruptcy Lawyer.

Declaring a chapter 7 bankruptcy is often the fastest and the easiest way to get the deed done and over with. However, according to Minnesota Bankruptcy law, Chapter 7 bankruptcy can be declared only if the income of your household is below the Median income for Minnesota. If you feel you’re having trouble understanding the laws, it’s better to hire a Minneapolis bankruptcy lawyer who can guide you with the bankruptcy process.

In chapter 7 bankruptcy, the bankruptcy court attaches trustees who take control of your assets and negotiate with the creditors. The creditors may also move the court to halt the bankruptcy proceedings, but if everything is in order, then you will be able to proceed easily. Even after you declare bankruptcy Minnesota bankruptcy laws do allow you to keep some assets with yourself. This can include essentials like your home, vehicle, life insurance, etc. There’s an upper cap to every asset that you can keep, and a Minneapolis bankruptcy lawyer can study your assets and tell you how much you’ll be able to keep after filing for bankruptcy.

If the bankruptcy court feels that you’re in a position to pay off your debt, and have a higher income, they can prevent you from filing chapter 7 Minnesota bankruptcy. In this case you may file for chapter 13 bankruptcy. Under this system you’re allowed to pay off your debt over a period of three or five years. So your debts are delayed or re-organised instead of being wiped out. According to the Minneapolis bankruptcy lawyer we consulted, this bankruptcy option is available to all individuals and sole proprietors.

Under chapter 13 bankruptcy, you’re not free of debt, and you will have to pay the creditors after you’ve paid for necessities like food, shelter, etc. The trustee appointed by the court will review your income and prepare a payment plan for you. You’ll then have to stick to the plan, and make sure all payments are made. In case you do not make the payments, your assets may be taken over by your creditors as per the Minnesota bankruptcy law, the Minneapolis bankruptcy lawyer told us.

If you’re able to pay the planned amount as per schedule, the rest of your debts are written off, and you’re free from credit again. So this type of bankruptcy plan can help you hold on to some of your precious assets while you struggle to get your life back on track, or wait out the bad period. Remember to consult a qualified Minneapolis bankruptcy lawyer if you wish to make your Minnesota bankruptcy experience easier. After all, when you have so much trouble already on your, it is wise to leave the bankruptcy hassles to an expert who will give you sound and experienced advice.

For more resources about Minnesota DWI lawyer or even about Minneapolis DWI Lawyer please review this page

Related Articles - Minnesota Bankruptcy, Minneapolis Bankruptcy Lawyer,

Email this Article to a Friend!

Receive Articles like this one direct to your email box!
Subscribe for free today!

 Rate This Article  
Completely useless, should be removed from directory.
Minimal useful information.
Decent and informative.
Great article, very informative and helpful.
A 'Must Read'.


Do you Agree or Disagree? Have a Comment? POST IT!

 Reader Opinions 
Submit your comments and they will be posted here.
Make this comment or to the Author only:
*Your email will NOT be posted. This is for administrative purposes only.
Comments: *Your Comments WILL be posted to the AUTHOR ONLY if you select PRIVATE and to this PUBLIC PAGE if you select PUBLIC, so write accordingly.
Please enter the code in the image:

 Author Login 
Register for Author Account


Advertiser Login


   Limited Time $60 Offer!
   90  Days-1.5 Million Views  


Great Paranormal Romance

World News


Steve Bye is currently a fiction writer, who published his first novel, ‘Looking Forward Through The...more

Author of four books and two screenplays; frequent magazine contributor. I have four other books "in...more

At LeadGenerators, we specialise in content-led Online Marketing Strategies for our clients in the t...more

Warm greetings to you!! Hello there, my name is Treena (Smiley) Murphy I am a part time blogge...more

Susan Friesen, founder of the award-winning web development and digital marketing firm eVision Media...more

About Us Luminhome Lighting provide one-stop services in lighting design and manufacture of LED lum...more

Kiranpreet (Kiran) Kaur, D.D.S., who received her Doctor of Dental Surgery degree from the prestigio...more

Rev Bresciani is the author of two Christian books. One book is an important and concisely written b...more

Paul Azorin Chief Technology Officer at BairesDev Pablo Azorín is the Founder and Chief Techno...more

Stevert Mckenzie, Travel Enthusiast. ...more

HomeLinksAbout UsContact UsTerms of UsePrivacy PolicyFAQResources
Copyright © 2019, All rights reserved.
Some pages may contain portions of text relating to certain topics obtained from under the GNU FDL license