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From your description, it sounds like you would benefit from a chapter 7
As an individual, there are two types of bankruptcy available. A Chapter 7 and a Chapter 13
. There are distinct differences in between a Chapter 7 and a Chapter 13 bankruptcy.
A Chapter 7 bankruptcy could discharge (erase) all of your unsecured debt such as credit cards, medical bills, judgments and personal loans. It would be an opportunity for a fresh financial start. A Chapter 7 requires that you surrender assets, if any, that exceed your exemption. However if you do not have any nonexempt assets, you will lose only your debts. The attorneys fees run about $1000-$1500
A Chapter 13 bankruptcy is a repayment plan
for an individual. It may require that you repay some of your unsecured credit card debt over a 3 -5 year period. However, you may retain assets that exceed your exemption. The attorneys fees run about $3000-$5000
Here are the exemptions for Minnesota:
I think this is what you wanted to know. Please let me know if I have answered your question