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For the last year, thanks to the hard work of all of our staff, and you, our clients, no one who works at this office has gotten Covid while working here, and we have not spread a single case to any of our clients, while getting all of our client's legal needs taken care of. With the spread of vaccination the end is in sight, normal times where we can meet our clients in person in the office are just around the corner.

During the transition we will be having some in person, in office appointments for clients who have already been vaccinated, and for whom the CDC recommended period of time has passed since their last shot. Of course, for anyone who would prefer a phone or video appointment for safety, convenience, or any other reason those types of appointments are always available.

The weather is warming up and outdoor-in person appointments are now available. The updated CDC guidelines indicate that masks are not needed for vaccinated people outside if not in close quarters; although as a precaution we will continue to practice social distancing. If you have not had your vaccination, masks will continue to be a requirement.

Through the transition safety of all staff and clients will continue to be our top priority, we look forward to seeing you soon.

Please see our blog for more info on pandemic response.

The rules for filing for Chapter 13 bankruptcy

| Mar 21, 2019 | Bankruptcy

To be eligible to file for Chapter 13 bankruptcy, a Minnesota consumer must have less than $1,184,200 in secured debt and less than $394,725 in unsecured debt. A debtor must also establish that he or she has filed his or her state and federal tax returns for the past four years. Failure to do so could result in a person having a case delayed or dismissed. However, there is no income limit for those who are looking to file for Chapter 13 protection.

In a Chapter 13 bankruptcy, debts are repaid over a period of three or five years. The length of the period is determined by the debtor’s ability to pay, and this is based on how much disposable income that individual has and how his or her income level compares to the state median.

Payments are made based on a plan that a debtor creates that is approved by creditors and the court. Many remaining balances are discharged at the end of the repayment period. Individuals who are seeking a reorganization bankruptcy must take an approved credit counseling course as part of the bankruptcy process. While a case is ongoing, it may be possible to keep assets and even take on additional debt if the trustee and bankruptcy judge approve.

Individuals who have no other way to pay off their debts in a timely manner may benefit by filing for bankruptcy. Although there may be credit consequences to doing so, it may also allow a person to eliminate credit card, medical and other debt balances in full. During a bankruptcy case, creditors are generally unable to contact debtors directly. An attorney may describe other benefits of filing for Chapter 13 bankruptcy or how to do so properly.

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