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Will my loan company let me keep my car after I file a Chapter 7 bankruptcy in Minnesota?

It depends on a few things. If you can show the loan company that you will have a positive budget after bankruptcy, you can sign a reaffirmation agreement with most loan companies in order to keep your car. This is an agreement with the loan company stating that you want to reaffirm t
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Can I keep my motorcycle if I file a Chapter 7 bankruptcy in Minnesota?

<p>It depends on the circumstances. There are a few things to keep in mind.</p><p>First, can you protect the motorcycle in the bankruptcy? In Minnesota, you can file bankruptcy under one of two types of bankruptcy exemptions: federal exemptions or Minnesota exemption
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Will I be able to rent an apartment after filing for bankruptcy?

Having a bankruptcy on your credit report will not, on its own, prevent you from being able to rent an apartment or house in the future. However, there are several factors connected to your bankruptcy that a potential landlord may review in considering whether or not to rent to you.As
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Bankruptcy or Divorce? Which should I do first?

When filing for bankruptcy most of your assets and debts become property of your bankruptcy estate. If you are in the middle of a bankruptcy, a family court judge may be forced to wait until the bankruptcy is completed in order to divide and distribute your assets as prompted by the d
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How Does Filing For Bankruptcy Affect My Job And Future Employment?

While in the process of deciding to file bankruptcy, you may look at all of the things that could be affected by it.  One of the things you may find yourself worrying about is how filing for bankruptcy will affect your current job or any future employment you may seek.  It’s good to n
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Beware of Credit Repair Scams

There are many credit repair companies that are essentially scams. They take your money and they do not improve your credit or they only temporarily improve it. They challenge items on your credit report getting them temporarily removed only to have them reappear a couple months later
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Tax Consequences in Bankruptcy

Many clients ask about the impact of filing bankruptcy when they file taxes the following year.  There is a common misconception that the discharged debts are treated as income and will result in a large tax owed to the IRS during the next tax season.  Fortunately, the IRS does not co
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Keeping your car and home if you file Bankruptcy

Many people worry that they will lose their homes or cars if they file bankruptcy. However, in most cases, this is not true and an individual who files bankruptcy will be able to keep his or her home and car. This is because state or federal exemptions can be used to protect a certain
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Stopping Lawsuits, Garnishments and Bank Levies

When a person doesn’t earn enough money to cover his or her expenses, life can be stressful enough.  Unfortunately, this financial stress can become overwhelming when one or more of an individual’s creditors threaten to take legal action to collect money from a debtor.For example, cre
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