What is Power of Attorney?

What is Power of Attorney?
What is Power of Attorney?

A Power of Attorney is a document, which will provide you with the ability to appoint an individual or an organization to take control over your financial affairs, medical affairs or property, when you are not in a position to do it. However, you should also keep in mind that there are numerous forms of Power of Attorney. You will need to keep them in your mind and proceed.

General Power of Attorney

General Power of Attorney is the most common form of Power of Attorney. Along with that, you will be able to provide legal power to another person or an individual in order to act on behalf of you. IN other words, the person who is provided with the power will be able to take care of your business transactions, manage financial transactions, settle claims, buy lie insurance, make gifts, operate business interests and employ professional help.

You can consider general Power of Attorney as an effective tool available to consider, especially when you are out of the country. You will then be able to get the help of another person to take care of certain matters. You will often be able to find how an estate plan is linked with a general. Power of Attorney. Then you will be able to handle the financial matters with ease.

Special Power of Attorney

Along with the help of a special Power of Attorney, you will be able to specify the exact powers that you are handing over to another person. This kind of Power of Attorney would come into play when you are not in a position to take care of certain tasks, due to a health problem or any other reason. Along with this, you will be able to get another person to manage real estate, sell your property, take care of business transactions, collect debt and take care of numerous other common matters. These matters will be clearly specified in the Power of Attorney document.

Health care Power of Attorney

When you go for a health care Power of Attorney, you will be able to assign another person to take decisions about your medical conditions. This would come into play when you are mentally incompetent to take medical decisions, when you are unconscious or you are not in a position to make any decisions on your own. You should get the help of a person who can trust on it. Then you will be able to receive much-needed support on your life and move forward along with time.

Durable Power of Attorney

Assume that you become mentally incompetent because of an accident or any other illness. This is where a durable Power of Attorney will come into play. You will be able to get the durable Power of Attorney and make sure that you don’t have to face any negative consequences in the future. It is worthy to go for a durable Power of Attorney as it can help you when you need the most.

After getting the durable Power of Attorney, you need to make sure that you specify that it is not valid until a doctor provides a certification to prove the fact that you are mentally incompetent. In here, you are provided with the chance to specify a doctor to detect the mental incompetency that you have as well.

Important tips to keep in mind when you are selecting a Power of Attorney

Now you have a clear understanding about different forms of Power of Attorney. Along with that, you  need to learn few important tips, which you must keep in mind at the time of selecting a Power of Attorney.

Trust is one of the most important factors that you need to keep in mind when you are selecting a Power of Attorney. Whether the agent that you have selected is a family member, friend, lawyer or an organization, you need to make sure that you are selecting an entity according to your best interests. The person or organization you select for the Power of Attorney should be in a position to respect to your wishes at all times. On the other hand, you need to make sure that the powers you grant are never abused along with time. When you are going forward with a Power of Attorney, you need to make sure that you are holding documents related to all the transactions that are done on behalf of you. Then you need to make sure that you are receiving regular updates along with time. In case if you are not in a position to take a look at these updates on your own, you have the freedom to assign a third party to take a look at them as well.

How to File Bankruptcy in Minnesota?

How to File Bankruptcy in Minnesota?
How to File Bankruptcy in Minnesota?

If you are facing financial difficulties, you must be overwhelmed. In fact, you would be thinking to file bankruptcy. This can be a hard decision and can leave you confusing with dead ends. If you are considering to file a bankruptcy case or have already filed it, you have come to the right place. Although, you can file a bankruptcy case in Minnesota without a bankruptcy attorney MN, however, it is best to seek help from him.

MN bankruptcy attorneys can determine whether filing a bankruptcy case is right for you. If not, bankruptcy lawyers in St. Cloud, MN can help you to approach other debt-relief options as well. You might not know about the Chapter 13-debt repayment plants, Chapter 7- debt discharge plans and Chapter 13- reorganization for debt relief. But a bankruptcy lawyer MN can explain to you all the Minnesota laws concerning bankruptcy so that you could take the decision sanely.

Even if you want to stop the wage garnishment, a bankruptcy attorney MN could help you with debt settlement in the best way possible.

If you have made the decision to hire one of the bankruptcy lawyers St. Cloud, MN, he could help you in file a chapter 13 and chapter 7 bankruptcy case and can also represent you in the court legally.

How Do I Choose A Bankruptcy Lawyer MN?

Here are some things you should see in a lawyer before proceeding towards your case:

Comfort Level

You need to determine if you are comfortable with the lawyer or not in the first meeting. Are you comfortable enough to share all the personal information with his? Is he interested in solving your debt problems or just providing debt relief options that are pointless?


You are already running out of money, so you need to consider his fees as well. Ask him about the hourly rate so that you can estimate the total fees in advance.


Last but not the least, ask if he has worked on similar cases like you. The more experienced he is, the better for you.

Bankruptcy State/City Laws- Saint Cloud, Minnesota

Without wasting more time, let’s hop on to knowing what exactly is Chapter 7 and Chapter 13 bankruptcy cases.

Chapter 7 Bankruptcy

It is also known as the fresh start of bankruptcy. In this bankruptcy case, all the unsecured debts, such as utility bills, credit card bills, medical bills, student loan, and home loans are discharged. However, your bankruptcy attorney MN should provide a valid reason for discharging these debts.

However, you can only file a bankruptcy Chapter 7 case if you have no bankruptcy record for 6 to 8 years. Also, you have to pass the means test.

Chapter 13 Bankruptcy

It is known as the ‘repayment’ plan. A debtor has already paid some part of unsecured debts over a period of 3 to 5 years through debt yearly plan. So, your debt repayment is usually based on what you can afford to pay each month.

However, there are few specifications such as:

  • The debtor must have the ability to pay according to the bankruptcy plan.
  • The debt must not exceed.

Keep following to learn more about Minnesota civil laws and more.