You might be worried about what friends and relatives will think of you if you file for bankruptcy protection. You can relax. Your friends and relatives want what is best for you. For example, one of my clients was borrowing heavily from his parents in order to keep up with his credit card debt. His [...]
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 [...]
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 [...]
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. [...]
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, [...]
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 [...]
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 [...]
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 [...]
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. [...]
If you are contemplating debt settlement In Minnesota with a creditor or a third party, rather than filing for bankruptcy, you may want to think again. For those who have the funds available to settle those debts, you may incur steep financial consequences. As an example, if a debtor has $40,000 in credit card debt [...]
3800 American Boulevard West
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