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How An Attorney Can Help You With Debt Collectors
Debtors hate when collectors are constantly calling their phones. In the same manner, creditors hate when those who are in debt avoid picking up the phone. It is important to understand how an attorney can help you with debt collectors if you are constantly being contacted due to money you owe.
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Income and Assets That Are Protected Under The Law
The typical assets of many consumers are protected without filing bankruptcy. Income and assets that are protected under the law are “exempt” or protected from creditors.
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Income and Assets That Are Protected Under The Law
For instance, social security, disability, pension and veteran’s benefits cannot be taken by creditors. Generally, 75% of all wages are protected under the law and cannot be garnished. In Minnesota, $360,000 in equity in a consumer’s homestead cannot be taken by a creditor.
https://www.phillipslawmn.com/....income-and-assets-th
At Phillipslawmn.com, we understand the emotional toll of a criminal charge. Our experienced collection defense attorneys in MN are here to provide the support and protection you need.