Eden Prairie is an affluent southwestern suburb of Minneapolis in Hennepin County. Consistently ranked among the best places to live in the United States, it is home to many corporate headquarters.
Minnesota state exemptions apply. Homestead: $450,000 (up to $1,150,000 for agricultural property). Vehicle: $5,000. Household goods: $11,500. Wildcard: $13,000 (can be applied to any property). Wages: 75% exempt. Retirement accounts: fully exempt. Minnesota does not allow federal exemptions.
Exemptions determine what property you can keep in bankruptcy. See the full exemptions guide.
These organizations may offer free or low-cost assistance. Contact them directly to verify current services and eligibility requirements.
Yes. Financial difficulty affects people at every income level. Job loss, medical emergencies, divorce, and business failures can affect anyone. Minnesota's generous exemptions are designed to give all residents -- including those with higher-value homes -- a genuine fresh start.
Yes. Medical debt is unsecured debt that is fully dischargeable in both Chapter 7 and Chapter 13 bankruptcy. Medical bills are one of the leading causes of bankruptcy filings nationwide.
Generally no. Bankruptcy filings are public records, but employers do not receive direct notification. The exception is Chapter 13 wage orders -- your employer may be notified to deduct plan payments from your paycheck. Federal law prohibits employers from firing you solely because of a bankruptcy filing.
Use the free 1328(f) screener to check whether a prior discharge affects your eligibility.
Free Discharge Screener