Legal Question in Bankruptcy in Minnesota

File for Bankrupcy?

I recently lost my job and am existing on unemployment. It is not paying the bills. If I were to file for Chapter 7, would I be able to keep my car and basically declare bankrupcy on my credit cards? I am single and have only the one vehicle but the company I have my car loan through can't or won't do anything to lower my monthly payments even though for the past 3 years I have made payment on time. Would you suggest I look into chapter 7?


Asked on 1/28/09, 11:00 pm

2 Answers from Attorneys
Nathan Hansen Nathan M. Hansen, Attorney at Law

Re: File for Bankrupcy?

Chapter 7 is probably a good idea for you. You can probably keep the car. Contact me for a free consultation about this.

Nathan M. Hansen

Read more
Answered on 1/28/09, 11:32 pm
David Kelly-952-544-6356 Kelly Law Office

Re: File for Bankrupcy?

I would be glad to discuss your case. Just give me a call. Keeping the car is possible, but depends on a number of circumstances.

You can read up on that issue on my web site at http://www.mn-bankruptcy.com.

Read more
Answered on 1/29/09, 12:28 pm


Related Questions & Answers

More Bankruptcy Law questions and answers in Minnesota