The Department of Justice recently adjusted the median income figures, which are effective in bankruptcy cases filed after April 1, 2022. The median income is an important figure, as debtors below that figure are almost always assured a chapter 7 discharge. For...
When Legal Matters Become Personal
timtheisen
Limbo between separation and divorce
This article discussed “discernment,” the process of counseling for people at the “crossroads” of separation, who don’t necessarily want to work on their marriage, but also aren’t ready for divorce. But the article doesn’t mention the legal issues that arise...
First in, First out accounting – The poker chip analogy
One of the things that comes up in protecting money in a bank account from creditors, is the concept of first in first out. It's a concept that is seemingly difficult, yet also quite simple. The first money that goes in, is the first money that goes out. But you don't...
Shuttered schools offer student loan relief in settlement
The MN attorney general just announced that it will be issuing $38 million in relief for students who attended the MN School of Business and Globe University, which are for-profit schools that are no longer doing business. More information, including how to apply for...