Top Minneapolis, MN Business Bankruptcy Lawyers Near You
Hands on Representation and a Direct Line to Experienced Bankruptcy Attorneys Located in the Twin Cities. Call Today to Review Your Needs.
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310 E 38th St, Minneapolis, MN 55406
Other Nearby Offices
Theisen Law has experience helping clients with their Business Bankruptcy needs in Minneapolis, Minnesota.
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33 South 6th St, Suite 3600, Minneapolis, MN 55402
80 S 8th St, Minneapolis, MN 55402
11900 Wayzata Blvd., Suite #116E, Hopkins, MN 55305
4700 Lexington Ave N, Suite B, Shoreview, MN 55126
90 S 7th St, Suite 2200, Minneapolis, MN 55402
60 6th Street South, Minneapolis, MN 55402
220 South 6th St, Suite 2200, Minneapolis, MN 55402-4504
11095 Viking Dr, Suite 420, Eden Prairie, MN 55344
80 S 8th St, Suite 2800, Minneapolis, MN 55402
80 South Eighth Street, Suite 3100, Minneapolis, MN 55402
901 S Marquette Ave, Suite 2100, Minneapolis, MN 55402
33 South Sixth St, Suite 4750, Minneapolis, MN 55402
33 South 6th St, Suite 3800, Minneapolis, MN 55402
2000 IDS Center, 80 South Eighth Street, Minneapolis, MN 55402-2119
60 South 6th St, Suite 3100, Minneapolis, MN 55402
150 S 5th St, Suite 3125, Minneapolis, MN 55402
60 South Sixth Street, Suite 2800, Minneapolis, MN 55402
5125 County Road 101, Suite 200, Minnetonka, MN 55345
2233 University Ave W, Suite 150, St. Paul, MN 55114
90 South Seventh Street, Suite 4950, Minneapolis, MN 55402
7101 York Ave S, Suite 255, Edina, MN 55435
3459 Washington Dr, Suite 206, Eagan, MN 55122
120 South Sixth Street, Suite 1515, Canadian Pacific Plaza, Minneapolis, MN 55402
2400 Hennepin Ave S., Minneapolis, MN 55405
Minneapolis Business Bankruptcy Information
Lead Counsel independently verifies Business Bankruptcy attorneys in Minneapolis and checks their standing with Minnesota bar associations.
Our Verification Process and Criteria
Ample Experience
Attorneys must meet stringent qualifications and prove they practice in the area of law they’re verified in.Good Standing
Be in good standing with their bar associations and maintain a clean disciplinary record.Annual Review
Submit to an annual review to retain their Lead Counsel Verified status.Client Commitment
Pledge to follow the highest quality client service and ethical standards.
What Is Bankruptcy Law?
The bankruptcy process allows people to either eliminate debts or create a plan to repay them over time. It offers you a fresh start if you are struggling financially while ensuring your creditors are treated fairly. Bankruptcy law governs the bankruptcy process. There are different types of bankruptcy, like Chapter 7 and Chapter 13, each with its own rules and processes. Bankruptcy lawyers guide you through these complex procedures to protect your rights and get the best possible outcome.
What Are Some Examples of Situations Where I Might Need a Bankruptcy Lawyer?
You might need a bankruptcy lawyer if:
- You’re feeling overwhelmed by debt and unable to keep up with payments
- Creditors are constantly harassing you
- You are facing foreclosure on your home or repossession of your car
- Your wages are being garnished, or you have received a notice of a lawsuit from a creditor
- Your small business is struggling financially, and you need to restructure or liquidate
How Can a Lawyer Help Me With Bankruptcy?
An experienced bankruptcy lawyer can give you the knowledge and backing you need to navigate the legal system and find the best possible results for you. Because laws regarding bankruptcy exemptions and the property you can keep vary from state to state, speaking with a lawyer near you with knowledge of Illinois’s laws is critical in understanding your situation and making the best decisions. A bankruptcy lawyer can help with:
- Legal advice and counsel
- Negotiating with creditors
- Filing legal motions and taking care of administrative duties
- Improving your chances of keeping your assets and getting everything settled favorably
What Could Happen if I Don’t Hire a Bankruptcy Lawyer?
Not hiring a bankruptcy lawyer can lead to costly errors and prolonged financial stress. If you don’t hire a bankruptcy lawyer, you might make mistakes in the bankruptcy process. These mistakes could lead to your case being dismissed. Without a lawyer’s guidance, you could miss out on important protections, such as stopping creditor harassment or preventing foreclosure. You might also choose the wrong type of bankruptcy, resulting in more financial trouble. Handling bankruptcy alone increases the risk of losing assets you could have kept and wanted to keep. Additionally, you may struggle to negotiate with creditors without a lawyer. This makes it harder to achieve a manageable debt repayment plan or discharge.
What Questions Should I Ask When Trying To Find a Bankruptcy Lawyer in Chicago?
These questions can help you decide if you feel confident that a lawyer has the qualifications, experience, and ability to manage your case well. Many lawyers offer free consultations that allow you to understand your options and get specific legal advice before hiring them. Top questions include:
- What is your experience in handling bankruptcy cases? Have you managed cases like mine? What was the outcome of these cases?
- Do you have experience resolving issues like this in Illinois?
- What is your approach to handling bankruptcy cases?
- What is your record in negotiating favorable debt repayment plans?
- How do you communicate with clients about the progress of their cases?
- How much input will I have about the case strategy?
- What are your fees and billing structure?
Tips for Hiring a Bankruptcy Lawyer
Finding a lawyer who is right for you and will represent your best interests is an important first step in protecting your rights. Find a lawyer who understands your case, knows your needs and goals, and has the experience to get the best outcome. Things to do:
- Ask for recommendations
- Research lawyers online
- Schedule consultations
- Review experience and expertise
- Talk about billing and fees
- Trust your instincts