Two Minnesota Bankruptcy Handouts and a Word about Credit Reports
Required Proof of Identity
Heaven help you if you show up for the meeting of creditors ("341 Meeting) without a picture ID and something in writing that proves your social security number is yours. The preferred items to take care of this requirement are a driver's license and a social security card. There are other alternatives, however, all of which are set forth in the "Notice to Debtors and Attorneys" handout.
Bankruptcy Information Sheet
At the meeting of creditors, which Dave Kelly always just calls the "hearing," one of the questions will be "have you read the Bankruptcy Information Sheet?" The correct answer to this question is "yes." So be sure you actually have read this sheet.
This item might more properly be called the misinformation sheet, since the situation it describes could only take place in a case where none of the assets were exempt. Years ago I overheard Jack Prescott in the courthouse hallway telling his clients not to worry about it because "it's all lies."
Obtaining Your Credit Report
If you search on Google you will find several sites offering to provide a free credit report. When you get into the process you will often find that either it is not free, they want you to sign up for some kind of membership, or they want a lot of personal information which they are going to use to bury you in advertising. There's only one place Dave recommends for getting a free credit report, and that's AnnualCreditReport.com. This is a is a centralized service for consumers to request free annual credit reports. It was created by the three nationwide consumer credit reporting companies - Equifax, Experian and TransUnion. AnnualCreditReport.com provides consumers with the secure means to request and obtain a free credit report once every 12 months from each of the three nationwide consumer credit reporting companies in accordance with the Fair and Accurate Credit Transactions Act (FACT Act).
Kelly Law Office
11900 Wayzata Blvd. #116E
Minnetonka, Minnesota 55305
Phone: (952) 544-6356
Fax: (952) 525-7924
Across I-394 from Ridgedale. Serving the entire Minneapolis and St. Paul area, with easy access from the western suburbs including Minnetonka, St. Louis Park, Golden Valley, Hopkins, Eden Prairie, Maple Grove, St. Michael, Waconia, Medina and Plymouth. Also available by appointment only at 8421 Wayzata Blvd., second floor conference room, St. Louis Park, MN 55426