There Are Strict Laws In Place That Limit What A Creditor Can And Cannot Do When Seizing Your Vehicle
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, […]
How Can I Afford To File For Bankruptcy When I’m Already Short On Funds?
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 […]
Can Tax Debts Be Simply Eliminated Through Filing For Bankruptcy?
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
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: Will My Credit Be Ruined Forever If I File For Bankruptcy In Minnesota?
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. […]
Failing To Complete A Credit Counseling Course Can Ruin Your Bankruptcy Case
Did you know that failing to complete credit counseling course can ruin your case? In both Chapter 7 and Chapter 13 bankruptcy, credit counseling is required. One course must be completed within 180 days before your case is filed and another must be completed before the case can be discharged. As a rule of thumb, […]
Once Bankruptcy Is Filed, The Trustee Will Look Into The Past 90 Days Of Spending To See If You Attempted To Defraud The System
This the season for giving… and racking up debt. If you’re planning on filing bankruptcy after the holidays you’ll want to avoid these common mistakes, it could seriously jeopardize your bankruptcy. We all get into the holiday spirit of gift giving while failing to think of ourselves. Draining your checking account, without setting any funds […]
Tips For Maximizing Your Budget During The Holiday Season
Maximizing Your Budget Thanksgiving kicks off the start of the holiday season, which also happens to be the season in which we spend the most. You may feel like it’s difficult to avoid going into debt during this time, but here are some tips that will help you save money. Calculate a budget and stick […]
Receive Bankruptcy Protection Protection From Creditors
We offer immediate bankruptcy protection from creditors upon filing your bankruptcy petition. When we file a bankruptcy petition with the court, it creates a blanket court order called an “automatic stay” against creditor collection efforts. All collection efforts will cease. We stop harassing calls from collection agencies. We can stop repossession of your car and […]
Your Health Savings Account Can Be Affected In A Minnesota Bankruptcy Case
Did you know that your health savings account can be affected in a Minnesota bankruptcy case? A federal Bankruptcy Appellate Panel upheld Minnesota Bankruptcy Judge Kathleen Sandberg’s original ruling that health saving accounts (HSA’s) are property of a Chapter 7 bankruptcy estate. The case that brought this issue to the forefront is Leitch v. Christians. […]
