Debtor / Creditor Actions

Minneapolis, Minnesota Debtor / Creditor Attorneys

Due to the subprime mortgage debacle and wide availability of credit cards, more and more Americans find themselves in debt. Due to the change in bankruptcy laws that occurred in October of 2005, many may not be eligible to file under Chapter 7. As a result, debt collection, foreclosures, and credit reporting issues have affected more households than ever before. Regardless of whether you are a consumer facing mounting debt or a creditor tasked with collecting on bad loans, state and federal law places numerous obligations on you. At the law office of Burns & Hansen, P.A., our lawyers assert the rights and protections of both debtors and creditors in actions involving payments in arrears, loan defaults, foreclosures, and collections.

Avoid time consuming legal complications - contact the law office of Burns & Hansen, P.A. today. We will explain the options available to you and prepare or file any necessary documentation or petitions with the court needed to resolve your problem.

Advising and Representing Debtors and Creditors

The law office of Burns & Hansen, P.A. represents debtors and creditors in regard to the following:

  • Debt collections
  • Fair Debt Collection Practices Act
  • Credit report errors
  • Stays of relief
  • Repossessions
  • Foreclosures

Credit Card Debt and Loans - Protecting Yourself

In recent years, a number of companies have sprung up that claim they can help consolidate your debt and negotiate a manageable repayment plan with your creditors. As promising as these services sound, in reality many charge exorbitant fees that require you to make 6 months of payment before you even begin paying down the principle on your debt. Additionally, in some cases creditors may immediately call in the remaining debt on a loan or credit card after being contacted by one of these companies, concerned that you may be in the process of filing for bankruptcy.

If you're facing possible foreclosure, receiving phone calls from collection agencies, or behind on loan payments, our attorneys can help. Depending on the situation, we may be able to negotiate terms that avoid declaring bankruptcy while protecting your credit history.

Creditors and Collections

It's always important for creditors to remember that consumers have certain rights and protections. Creditors and collection agencies often get into trouble when they attempt "self help" without first understanding what they can and cannot do under the law. At Burns & Hansen, P.A., our lawyers work closely with creditors in order to ensure they follow proper procedures in order to avoid legal liability. We review collection practices, letters, and are prepared to represent bankruptcy trustees who must file a relief of stay.

Contact Burns & Hansen, P.A. Today

To schedule an appointment and discuss how our attorneys can help you, contact the law office of Burns & Hansen, P.A. today. We offer a free initial discussion in order to evaluate your case and discuss the legal options available to you.