Bankruptcy / Minnesota / Lino Lakes / Bankruptcy Attorney

8 Top Bankruptcy Lawyers Serving Lino Lakes

Written by Ben Tejes
Updated Apr 14th, 2022

You are looking for a bankruptcy attorney in Lino Lakes, Minnesota and probably want to find the best attorney for the most reasonable price.  

When filing bankruptcy in Lino Lakes, there here are 5 attributes that we look for in bankruptcy attorneys, which are 1) Rate 2) Reviews 3) Relevance 4) Reliability, and 5) Referral. We also care about bankruptcy attorneys who offer free consultations and payment plans. See the table below for bankruptcy lawyers servicing Lino Lakes. Please note the following information is an estimate. Update the zip code if you’d like to refresh the list.

Zip code
guidhas_phoneFirmEst. RateRatingReviewsRelevancyFree ConsultPayment PlansContact

Lino Lakes has a estimated population of 22119. What we found is that folks in bigger cities such as Minneapolis or Saint Paul like to often have bankruptcy lawyers who are close by. In smaller towns with a population under 20,000, some individuals actually like to hire bankruptcy lawyers far away because of potential angst about other individuals finding out about the bankruptcy hiring. 

This is why we built the zip code updater, so you can update the zip code to where you’d like to hire a bankruptcy attorney, which potentially might not be in Lino Lakes.

How is the Bankruptcy Attorney Rate/Fee Determined in Lino Lakes?

The bankruptcy attorney fee in Lino Lakes is often based on a number of factors. Here are some of the factors:

  1. Type of bankruptcy case
  2. The complexity of bankruptcy case
  3. Amount of bankruptcy lawyer interaction
  4. Bankruptcy attorney expertise
  5. Your location (i.e. Lino Lakes, Minnesota)

We had mentioned earlier the population of Lino Lakes is 22119. As such, larger cities may have higher attorney fees and smaller towns may have lower attorney fees. For example, Rochester may have a lower bankruptcy lawyer fee than Minneapolis.

For example, Lino Lakes has a median household income of 115368. So, the income and general cost of living in Lino Lakes may dictate the attorney fees.

Secondly, the complexity of the case may dictate the cost of the bankruptcy. This is often the case with Chapter 7 bankruptcy. Do you own a home? Are you married? In Lino Lakes, approximately 60.9% are married. If you are married and filing with your spouse, you may have additional complexity to the case, potentially in a higher attorney cost. Secondly, are you a home owner? Approximately 92.2% of individuals in Lino Lakes own a home. With positive equity, you often check Minnesota bankruptcy exemptions to determine whether you can keep the home. So, if your case in Lino Lakes is more complex, your attorney fee may be higher.

Okay, let’s dive into how the type of case may result in higher or lower bankruptcy lawyer fees in Lino Lakes.

Chapter 7 Bankruptcy

Chapter 7 bankruptcy is the most common bankruptcy in the United States. Of the 5,761 bankruptcies filed in Minnesota, my guess is the majority of those are Chapter 7 bankruptcies.

The Chapter 7 bankruptcy is often more simple. You can get a discharge (forgiveness) of debt in as little as 120 days. There’s often only one meeting and potentially less paperwork. Many people become nervous that they will lose belongings if filing Chapter 7 bankruptcy, but bankruptcy exemptions in Lino Lakes can help protect those assets.

As such the cost is often less. In Minnesota, the estimated Chapter 7 bankruptcy attorney fee is $1170 - $1450. You can use our free Lino Lakes Chapter 7 qualification and cost calculator to estimate qualification and cost.

Chapter 13 Bankruptcy

Chapter 13 bankruptcy is a payment plan bankruptcy, designed for those making regular income to pay back a part of their debts. The Chapter 13 bankruptcy is often 3 or 5 years, resulting in monthly payments in coordination with the Chapter 13 Trustee in Minnesota

As such, the Chapter 13 bankruptcy is quite a bit more complex, so the estimated Chapter 13 bankruptcy attorney fee range in Minnesota is $3,000. The fee may be the same across Lino Lakes because of what’s called a no-look fee, which is a set rate for the reasonable fee for the service provided.

The Chapter 13 bankruptcy fee is often included in the Chapter 13 plan. Before you file Chapter 13 bankruptcy, you may also want to consider Chapter 13 trustee fees, which is an estimated 9.00%%. You can use our free Minnesota Chapter 13 Lino Lakes Chapter 13 payment plan calculator to estimate your complete Chapter 13 plan payment, which includes the estimated bankruptcy attorney fees, the trustee fees, and the disposable income calculation.

How do Free Bankruptcy Lawyer Consultations Work in Lino Lakes?

Free bankruptcy consultations are designed to help you know whether bankruptcy is the best option for you. Because you are in financial hardship, many bankruptcy attorneys offer this service to alleviate the burden of another financial expense. 

You can ask questions related to bankruptcy, and you can also get an estimate of what the bankruptcy lawyer fee will be in Lino Lakes. You can also get multiple opinions via free bankruptcy consultations if you didn’t jive with the attorney or you would like to discuss both types and qualification with another attorney.

Do Most Bankruptcy Attorneys Offer Payment Plans in Lino Lakes?

Yes, many bankruptcy lawyers take a payment plan, and I would estimate that would be no different in Lino Lakes. A Chapter 13 bankruptcy is already a payment plan bankruptcy, so many Chapter 13 bankruptcy lawyers will take a payment upfront and then include the rest in the plan.

In a Chapter 7 bankruptcy, many lawyers will take payment plans, but the total attorney fee often has to be paid before filing. If an bankruptcy lawyer in Lino Lakes will only take all of the money upfront for a Chapter 7 bankruptcy and not provide payment plans, you may be able to find one that does take payment plans. 

Just to confirm, you may always want to check which type of bankruptcy you are filing. Some bankruptcy lawyers may offer payments plans or $0 Chapter 13 options, but those may be much more expensive in the long run than doing a payment plan upfront on a Chapter 7 bankruptcy.

How Do I Determine If The Bankruptcy Lawyer in Lino Lakes is Reliable?

One of the most important attributes we look for in a bankruptcy lawyer in Lino Lakes is whether they are reliable. The reason for this is that there are certain deadlines that have to take place, and you need someone who will meet those deadlines. 

Some of the ways that you can determine this is potentially through rating and reviews because that gives you insight into other clients’ experiences. There are biased review sources out there, so our favorite review sites are Google ratings and reviews and Yelp ratings and reviews. 

We like to sort from the lowest review descending so that you can really get a sense of whether this individual is reliable. See the image before of Ascend Bankruptcy Help’s Google reviews (source), with the lowest rating descending.


Conclusion

Filing bankruptcy in Lino Lakes is a big decision, so it’s important to have a reputable bankruptcy lawyer if you decide to hire one. 

The purpose of this article was to show you top bankruptcy attorneys in Lino Lakes while providing some insights on how to find a reputable bankruptcy lawyer. For example, you may consider looking at the rate, the reviews and ratings, the reliability, the relevancy, and any referrals to decide whether to hire a bankruptcy attorney. You can also contact us at any time for specific questions about bankruptcy attorneys in Lino Lakes.