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Entries Tagged as 'Chapter 7 Bankruptcy'

Why Chapter 13 Is Less Common than Chapter 7 Bankruptcy in Mankato, MN

October 15th, 2019 · No Comments

If you’re considering filing for bankruptcy, you’re not alone. Over 700,000 individuals file for bankruptcy each year in the United States. While those numbers have decreased significantly since the 2008 market crash, they still show that anyone can struggle financially in the face of many different factors. Filing for bankruptcy is a process designed to […]

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Tags: Bankruptcy · Chapter 13 Bankruptcy · Chapter 7 Bankruptcy

How Minimum Wage Can Affect Bankruptcy in Fairmont, MN and Across the State

October 3rd, 2019 · No Comments

State economies are affected by a range of factors, both within the state itself and by national or global determinants. The condition of a state economy will have its own impact on the cost of living, availability of jobs, wages, and more. Minimum wage is directly affected by the state economy, which means it should […]

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Tags: Chapter 13 Bankruptcy · Chapter 7 Bankruptcy

Why Many Local Restaurants File for Chapter 7 Bankruptcy in Jackson, MN

September 24th, 2019 · No Comments

Running a business is a difficult endeavor, especially if it’s a young company. Maintaining a steady income and company growth means battling on several different fronts and working through many different expenses. Not only do the local economy and your business marketing endeavors affect your business standing, but also the national and even global economy […]

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Tags: Bankruptcy · Chapter 7 Bankruptcy

Resolving Medical Bills and Other Debt Relief in Mankato, MN, with Bankruptcy

September 4th, 2019 · No Comments

In the United States, the cost of healthcare is high, even with medical insurance. This expense is often a cause of much hardship for those who encounter medical costs of any kind, expected or otherwise. These expenses put pressure on household finances during an already stressful and often emotional time. If you are facing unmanageable […]

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Tags: Bankruptcy Attorneys · Chapter 7 Bankruptcy

Why Student Loans are Leading to Increased Rates of Chapter 7 Bankruptcy in Owatonna, MN

August 28th, 2019 · No Comments

In many countries across the world, a college degree is considered necessary to enter a majority of job markets, and a bachelor’s degree is often viewed as the minimum standard for education. In the U.S., over 65% of high school graduates attend college, university, or other forms of higher education. The experience and certifications higher […]

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Tags: Chapter 7 Bankruptcy

Authors, Artists, and Other Creatives Filing for Chapter 7 Bankruptcy in Redwood Falls, MN

July 15th, 2019 · No Comments

For the majority of creators and others working in the arts, finding a source of steady income is often a difficult part of the vocation. From visual and performance artists to authors and musicians, work is hard to come by, and these jobs are highly competitive.   Because of this hardship, it’s understandable that there […]

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Tags: Chapter 7 Bankruptcy

When Corporations, LLCs, and Other Businesses File for Chapter 7 Bankruptcy in Mankato, MN

July 10th, 2019 · No Comments

Running a business is a difficult venture, and even with support systems in place, the enterprise can go wrong. Whether it’s sudden or gradual, debts can overcome a business income and leave no other option than some form of debt relief. Debt relief options vary, but the most effective solution for the long term is […]

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Tags: Bankruptcy Information · Chapter 7 Bankruptcy

How Bankruptcy Debt Relief Can Stop Legal and Illegal Creditor Debt Collections in Jackson, MN

July 2nd, 2019 · No Comments

Whenever you take a loan, whether it’s in the form of a mortgage, car loan, credit card, or otherwise, you become a debtor, and the loan provider becomes a creditor. The relationship between you and your creditors is generally a perfectly amiable, professional one if you’re able to meet your monthly payment requirements. If you […]

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Tags: Bankruptcy Attorneys · Chapter 7 Bankruptcy

Exemptions for Chapter 7 Bankruptcy in Pipestone, MN

May 31st, 2019 · No Comments

If you are unable to meet your monthly debt payments and don’t know how to get yourself out of your current financial situation, bankruptcy might be a valuable option for government-addressed debt relief. Filing for bankruptcy is a process that’s frequently given a negative image, primarily because of the impact it has on your credit […]

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Tags: Chapter 7 Bankruptcy

Navigating through Bankruptcy Delays with the Help of a Bankruptcy Attorney in Marshall, MN

April 3rd, 2019 · No Comments

Bankruptcy can be a highly effective way to find the financial relief you need for long-term stability. It can also be one of the most emotionally difficult legal processes you ever go through. Because bankruptcy is such a legally-nuanced process, it can be one of the most trying court-administered procedures for individual consumers to face—especially […]

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Tags: Bankruptcy · Chapter 7 Bankruptcy