Divorce and Bankruptcy: Divorce is painful and can leave us in financial ruins. We are often clouded with emotion and are unable to make sound financial decisions that will protect us. Make sure to hire someone who is thinking practically and not emotionally. If filing for bankruptcy is necessary, than proper means must be taken [...]
Child support is NOT dischargeable in any type of bankruptcy. The welfare of minor children is of primary importance throughout the state and federal court system. Priority debts are nondischargeable in bankruptcy. This means that if you owe any outstanding child support debt, it will not get wiped out by your bankruptcy discharge. As a [...]
Ignoring or Hiding From Debt Won't Make It Go Away, it will only make them worse. Nobody-ever-forgets-a-debt. Especially not creditors. If you are facing legal action do not procrastinate. Often, even when people are in danger of foreclosure or car repossession, or are being sued, or are having their wages garnished – even then, they do [...]
Debt is an 800 lb gorilla on our backs. It can consume our thoughts and have us living in a paranoid state whenever the phone rings or the mail comes. They are all little reminders of the impending doom we feel from debt. Are your accounts being turned over to debt collectors? Are you worried [...]
Debt doesn’t just consume one person at a time, in the event there is a co-debtor, (and several of your debts include co-debtors). Also known as co-signors, the people who sign with you on a debt are often family members and the closest friends you have. By signing a legal document guaranteeing that your debt [...]
Enormous Debt : More than ever, young adults are being saddled with an enormous amount of debt right after they earn their college degree. They spend the rest of their twenties giving a sizable portion back to the University who just won a bowl game and is hardly hurting for cash. Meanwhile, you're a twenty [...]
Chapter 7 Bankruptcy : Did you know that you can file for bankruptcy more than once? Sometimes, we find ourselves in the hole again through circumstances beyond our control. There are options if you should find yourself in need of debt relief. There are two common types of bankruptcy, Chapter 7 and Chapter 13. You [...]
Benefits Of Bankruptcy Many people are afraid of bankruptcy. The very word sends shivers down their spine. It’s the financial world’s scarlet “a”. That’s a general misconception held by many. Filing for bankruptcy is often times a beneficial experience when one is saddled with insurmountable death. People worry about it showing up on their credit [...]
...A commonly asked question. Commonly asked because many are truly unaware of the differences between the two. Chapter 7. Chapter 7 case begins with the debtor filing a petition with the bankruptcy court serving the area where the individual lives or where the business debtor is organized or has its principal place of business or [...]
WHAT HAPPENS AFTER I FILE FOR BANKRUPTCY? Filing bankruptcy can be a daunting and emotionally draining experience. Going it alone will only make the task even more monumental. It doesn't have to be so bleak though. Sometimes in life we need a reboot, if you will. Many of great financiers, moguls, and millionaires alike have [...]
What Rights Do I Have When Facing Vehicle Repossession? Getting behind on your credit card payment can be a hassle but when you go into arrears on your car payment, your life can be drastically interrupted. Whenever you enter into a lease/credit agreement with a finance company, they have the right to recover their property, [...]
It costs money to hire an attorney and pay a court filing fee. How can you file for bankruptcy when you are already short on funds? Some of the best bankruptcy attorneys offer a free half hour consultation so that you can learn your options. If bankruptcy is not the best option for you, the attorney [...]
There are many ads on the TV and radio that claim tax debts can simply be eliminated through filing for bankruptcy. Unfortunately, this is not always true. Income tax debts are able to be discharged in Chapter 7 bankruptcy if all of the following is true: All tax returns for the tax debt you're seeking [...]
Bankruptcy can be a way of obtaining college transcripts that are withheld for nonpayment of tuition or loans. The filing of a bankruptcy petition creates an “automatic stay” that prevents any effort by a creditor to collect on a debt. The great majority of courts that have ruled on the issue have held that the [...]
Bankruptcy Myths "My credit will be ruined forever if I file for bankruptcy." While bankruptcy does stay on your credit report from seven to 10 years (depending on which type of personal bankruptcy you file), often times your credit is even better (with time) because you've taken control of your finances and have attainable goals. [...]
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Suite 1500 Bloomington,
Bloomington, MN 55431
United States (US)
Phone: (952) 222-4882
Email: greg@waldlawfirm.com
WE ARE A DEBT RELIEF AGENCY. WE HELP PEOPLE FILE FOR BANKRUPTCY RELIEF UNDER THE BANKRUPTCY CODE!
This Attorney Gregory Wald is rated as “Excellent” by the AVVO attorney rating company. The Better Business Bureau gives him an “A” rating, with no complaints. You can expect prompt answers to you questions and fast, efficient service. Put your future in the hands of an experienced bankruptcy attorney. READ More