A Fresh Start
Times are tough. More and more people are experiencing financial hardship due to job loss, unexpected medical bills, increasing mortgage payments and increasing living expenses. Before you drain your 401(k) or other retirement account trying to pay unmanageable debt, speak with an attorney to determine if bankruptcy* can help you.
At Motin Law Office, P.A., we have been helping people near Elk River, Minnesota, find debt relief since 1994. We will evaluate your situation and advise you of your options. If you choose to pursue consumer bankruptcy, we will guide you through the process.
Everyone Deserves a Second Chance
If you have a large amount of debt, such as credit card bills, medical expenses, business debt, mortgages and income tax debt, Chapter 7 bankruptcy can benefit you by:
- Eliminating most unsecured debt
- Stopping creditor collection actions
- Temporarily halting foreclosures
- Providing you time to work out mortgage arrears
As soon as you file for bankruptcy, you are protected by law. At last, you will have a chance to breathe more freely and start fresh.
Strong Advocate
Our attorneys are experienced and aggressive when dealing with overzealous creditors or trustees. We are experienced in defending adversary actions by creditors and actions by trustees seeking turnover of assets, actions to dismiss, or objections to exemptions claimed by our clients. We will help you obtain discharge of your debts so you can retain your assets.
Bankruptcy and Divorce
Bankruptcy often is combined with divorce and it is often used to resolve sticky issues in the divorce. When this happens, our combined experience handling divorce and bankruptcy cases helps to coordinate the two, enabling you to plan your bankruptcy, meet eligibility requirements and structure your divorce settlement to maximize the retention of assets.
Trusted Financial Advice
If you are considering bankruptcy, it is critical that you protect your assets. Therefore, refrain from:
- Borrowing against or cashing in your 401(k), IRA or other retirement accounts
- Repaying relatives, business partners or other close associates
- Taking cash advances, borrowing money or increasing your debt
- Refinancing your house or taking equity out of your house to pay your debt
When you visit us, one of our lawyers will ask several questions about your finances, including the nature of your debt, your living expenses and your income over the past 6 months. Taking into consideration your assets and ultimate goals, he will advise you regarding whether or not bankruptcy is right for you.
If you chose to move forward, we will counsel you about how to retain as many of your assets as possible. Our firm will properly complete the appropriate paperwork and aggressively represent you in your bankruptcy case.
We Can Help
We help many people each week obtain relief from their creditors. Let us see if we can help you. Contact us online or call our office at 763-241-9400 to arrange an appointment.
Our office is on Main Street in Elk River, between Highway 10 and Highway 169. Our regular hours are Monday-Friday 8:00 a.m.-5:00 p.m. Evening and weekend appointments are available upon request.
*We are a debt relief agency. We help people file for bankruptcy relief under the bankruptcy code.
