Chapter 13 – Are You Eligible?Posted on April 13, 2015 by Michael Hoverson
Filing for Chapter 13 bankruptcy is an option that is available to businesses, as well as individuals, given that certain criteria are being met. Hoverson Law Offices, P.A. is a Minneapolis Chapter 13 bankruptcy firm that can analyze your personal financial situation and help you determine whether or not you are indeed eligible to file.
Keep in mind, bankruptcy procedures adhere to a very strict set of requirements to determine eligibility. This can be complex, and, for that reason, it is highly advantageous to call upon the expertise of a trusted Chapter 13 bankruptcy attorney to review your options and guide you towards the best solution for resolving your strenuous situation.
Chapter 13 bankruptcy is often labeled as being the least invasive of the procedures since you will have the ability to eliminate your debt upon completion of a manageable payment plan. It will help prevent foreclosure and repossession, which will alleviate a lot of the stress that has built up alongside your debt. You do not need to face the burden of a personal or business financial crisis alone and without the help and expertise offered by Minneapolis Chapter 13 bankruptcy attorney such as Hoverson Law Offices. We will review your situation, assess whether or not the best option for you is to file for Chapter 7 or Chapter 13 bankruptcy. We will then guide you through the rest of the process that we are now all too familiar with. We are committed to opening you up to a future where you are not controlled by your debts. We will put the power back into your hands!