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Showing 2 bankruptcy lawyers in Inver Grove Heights, MN
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Schreiber Law Office, LLC
5878 Blackshire Path Suite 8, Inver Grove Heights, MN 55076
(651) 554-0121
minnesota-bankruptcy-law.com
Schreiber Law Office, LLC
5878 Blackshire Path Suite 8, Inver Grove Heights, MN 55076
(651) 554-0121
minnesota-bankruptcy-law.com
What Does a Bankruptcy Lawyer in Inver Grove Heights Cost?
Typical costs for a bankruptcy lawyer in Minnesota range from $1,200 to $3,500 for a Chapter 7 case and $3,000 to $6,000 for a Chapter 13 case. These fees do not include the court filing fee, which is $338 for Chapter 7 and $313 for Chapter 13 as of 2024. Costs vary based on case complexity and attorney experience. This is general information and not legal advice.
* Cost estimates are general ranges based on publicly available data and compiled using automated research tools. Actual fees vary by attorney and case complexity. This is not legal advice — consult directly with an attorney for fee specifics.
Frequently Asked Questions
What are the income limits for Chapter 7 bankruptcy in Minnesota?
To qualify for Chapter 7 in Minnesota, your household income must be below the state median for your family size. For a single person in 2024, the median income is about $66,000. If your income is higher, you may need to file Chapter 13 instead.
How long does a bankruptcy stay on my credit report in Minnesota?
A Chapter 7 bankruptcy stays on your credit report for 10 years from the filing date. A Chapter 13 bankruptcy stays for 7 years. These time limits are set by federal law and apply nationwide, including Minnesota.
Can I keep my car if I file for bankruptcy in Inver Grove Heights?
Yes, you can often keep your car if you use the Minnesota motor vehicle exemption. This exemption protects up to $5,000 of equity in one vehicle. If you owe more than the car is worth, you may be able to reaffirm the loan and keep making payments.