Bankruptcy Articles
The price of Bankruptcy is going Up!
As of November 1, 2011 the fees for filing any bankruptcy under any chapter are going up. ...more
Historic Change in Minnesota Bankruptcy Law Allows You to Get Rid of Second Mortgage
On August 29th, 2011, the 8th Circuit BAP ruled that not only is wholly unsecured second mortgage homestead lien stripping allowed in chapter 13, but it’s allowed in a chapter 13 in which the debtor can’t get a discharge because of a prior chapter 7. ...more
Debt Be Not Proud
Described below is a recent article from the American Bar Association on the most outrageous debt collector practices that have recently taken place. This includes one firm that tried to set up a mock court room and convince debtors that a fake judge was actually ordering them to pay a debt. The Fair Debt Collection Practices Act prevents debt collectors from using false, illegal or harassing methods of debt collection including the ones listed in the article. Debt Collectors that violate the FDCPA can be liable to the aggrieved party for damages and legal fees. Call Dan Schleck at 763-404-8800 for a free consultation if you think you have a claim against an abusive debt collector under the FDCPA...more
Filing Chapter 13
Three main reasons why to file a chapter 13... - lawreviewbk.com article...more
What do I get to keep in a Minnesota Bankruptcy?
Attached is a list that comes right from the Bankruptcy Statute and lists common exemptions and amounts for each....more
Usury Law in Minnesota
Minnesota has enacted legislation that provides for a tight regulation of personal and consumer loans....more
You May Have The Right To Sue Your Debt Collectors For $1,000 Or More
The Fair Debt Collection Practices Act (FDCPA) prohibits debt collectors from using abusive, unfair, or deceptive practices to collect from you. ...more
2011 Bank Failure Outlook
The bank failure crisis in this country is overwhelming. Continue reading to see the map and further commentary....more
Will I lose my home if I file bankruptcy?
This is a very important question for many families considering bankruptcy. The answer to the question turns on two issues...more
Strategies For Responding To The New Credit Card Accountability Disclosure Act
Recent enactment of the Credit Card Accountability Responsibility and Disclosure (CARD) Act has had a significant impact on both credit card companies and consumers. ...more
Under Bankruptcy, Inherited IRAs Are Nolonger Exempt Retirement Accounts
New Bankruptcy rules by the Court states that an IRA inherited by a beneficiaryis a non-exempt asset of the bankruptcy estate. ...more
AG goes after debt settlement firms
The AGs work in this are is admirable and we at Minneapolis Bankruptcy Lawyer believe it will help all Minnesotans struggling with a large debt load....more
Bankruptcy does not solve all debt problems | When not to file bankruptcy
The idea of declaring bankruptcy, wiping out certain debts, no more hassles or nasty phone calls from menacing creditors--and then moving on more or less debt free has undeniable appeal to anyone faced with overwhelming debt....more
FTC Resources for Consumers
The Federal Trade Commission has many excellent resources for consumer information on everything from buying a home to dealing with debt collectors....more
5 Mistakes you should avoid or You Might not be Able to File Bankruptcy
These common mistakes can prevent you from getting the full benefit of filing bankruptcy. The filing of bankruptcy is governed by Title 11 of the United States Codes. ...more
7 Ways to Take Control of Debt
Learn some quick actions you can take so you can avoid bankruptcy....more
Filing bankruptcy to eliminate student load debt
s reported in the July 15th Minneapolis Star Tribune, the defendant—Mark Jesperson of Grand Marais, MN-- won in the bankruptcy and District courts based on claims of “undue hardshipâ€....more
Ruling on means test for individuals with roommates
The key issue was the impact a roommate has on the interpretation of the definition of a household and consequently the median income issue. ...more
This content is not meant to constitute advice of any kind, including without limitation, legal advice of any kind. If you require advice in relation to any legal matter you should consult an appropriately qualified lawyer.
