Debt Relief Solutions
The Law Office of Howard Lazarus, P.C., advises individuals and small businesses seeking debt relief solutions in Minnesota. Whether you have decided to file bankruptcy or you are hoping to avoid it, attorney Howard Lazarus can assist you. Often, we find that Chapter 7 or 13 bankruptcy provides the best path toward a fresh financial future for our clients.
Attorney Howard Lazarus stands by bankruptcy as a truly effective method to achieve freedom from debt. Bankruptcy has deep historical roots. In fact, references to debt relief laws can be found in both the Bible and the Torah.
Rely on Our Legal, Financial and Business Knowledge
Due to our background in business management, accounting and the law, we can efficiently handle both personal and business bankruptcies. Often, our clients are individuals who are also small business owners. These bankruptcies require a thorough analysis of a business’s financial records, including bank accounts, daily invoices, profit and loss (P&L) statements, annual tax filings, business transactions and other relevant documents. We will also review the individual’s personal finances, including assets and debts, mature debts, and mortgages.
Chapter 13 and Chapter 7 · Eagan Lawyer
If you decide that bankruptcy is the best option, we will proceed with determining if you qualify for Chapter 7. This calculation is largely based on your income. Chapter 7 is typically preferred over Chapter 13 because it allows for the total discharge of most unsecured debts. In Chapter 13, you will have a carefully structured three- to five-year repayment plan that will allow you to pay back a portion of your debts. Upon completion of the plan, the remaining debts will be discharged.
Worried About Losing Your Possessions?
At the Law Office of Howard Lazarus, P.C., many of our clients who are considering bankruptcy are worried about losing their possessions. We are here to address your concerns and utilize the law to your advantage. Bankruptcy law allows for many exemptions, and we will do everything we can to obtain exemptions for your personal and business property.
Call the Law Office of Howard Lazarus, P.C., at 651-968-1240 or contact us online to arrange a free consultation with a highly experienced Minneapolis bankruptcy lawyer.