Chapter 7 Bankruptcy in Minnesota

File for Chapter 7 with Lamey Law Firm

If you are looking for debt relief, filing for Chapter 7 bankruptcy may help. Also known as debt liquidation, Chapter 7 will cancel nearly all your debt and is much faster than Chapter 13 bankruptcy.

If you are interested in filing for Chapter 7, Lamey Law Firm P.A. can help. Our chapter 7 bankruptcy attorneys in Oakdale have an established reputation for being caring and compassionate towards our clients' needs. Nothing brings us more satisfaction than when we can successfully guide a person towards debt relief. We have resolved thousands of bankruptcy cases with countless successful results, so you can feel confident in our abilities to assist you.

Why Trust Lamey Law Firm for Your Bankruptcy Needs?

• Our bankruptcy lawyers in Oakdale bring more than 30 years of experience to each case we handle
• We offer evening and weekend meeting times for your convenience
• We have been included on the Super Lawyers® and Super Lawyers® Rising Stars℠ list for our legal excellence
• We provide each client with a unique plan of action
• We always go above and beyond to serve your needs

Who Qualifies for Chapter 7 Bankruptcy?

In order to be eligible for Chapter 7, applicants must pass the "means test," which compares their monthly income to the median income in order to prove they do not have the income capacity to repay their debts.

If you are interested in filing for Chapter 7, we at Lamey Law Firm, P.A. can give you the step-by-step guidance you need. We can help you determine your eligibility and take care of the rest.

How Does the Means Test Work?

The "means test" limits those who cannot pay their debts from filing for Chapter 7 bankruptcy. The means test calculates your monthly disposable income by deducting specific expenses from your monthly income. The higher your disposable income, the more likely you will not be eligible for Chapter 7. At that point, you will be expected to repay your creditors. For more guidance on the means test in Minnesota, reach out to Lamey Law Firm P.A. Our Chap. 7 lawyers in Oakdale are ready to answer any of your questions.

Partner with Lamey Law Firm for a Fresh Financial Start

There are very few opportunities in life to start over, but bankruptcy makes it possible to hit the reset button on your financial situation. We will work with you directly in order to better understand your goals and needs. Together, we can work towards a brighter and better tomorrow for yourself and your family.