Why Do Companies File for Chapter 11?

Debt and financial problems can affect businesses in a variety of ways. Many may find themselves saddled with unmanageable debt that they cannot repay. Business owners unable to pay their creditors may be forced to close their doors. In cases like these, it is often...

What is Forgiven in Chapter 7 Bankruptcy?

When you’re under mountains of debt, it can feel like you’re alone. But the reality is that debt affects individuals and families in Minnesota every day. Whether it’s a medical bill or a vehicle loan, sometimes the amount of money you owe can seem...

Is Chapter 13 Bankruptcy a Good Idea?

When you’re in debt, it can make you feel like the walls are closing in—struggling to pay your bills and keeping food on the table for your family. At Hoverson Law Offices, P.A., we know that many people find themselves in situations where they have trouble...

How to Stop Calls from Debt Collectors

If you are contending with debt, you may feel overwhelmed and anxious. Receiving calls from debt collectors can make your anxiety worse, especially if you don’t know what to do. In this post, we’ll learn how to stop calls from debt collectors. We will also...