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The easy way to qualify financially for chapter 7 bankruptcy (i.e. without doing the means test) is by being under the median income. Other than a household of 3, all figures decreased slightly. The census bureau has determined that the median income for these...
I am honored to announce that I have been asked to join a distinguished panel of attorneys to discuss issues that arise when bankruptcy and divorce collide. (ChatGPT came up with the clever title “Untangling the Knot".) BankruptcyInstituteBrochure
Buca, an Italian restaurant chain founded in Minnesota, has filed Chapter 11 bankruptcy, mainly to get out of leases at stores that have been closed. Their four stores in Minnesota are expected to remain open. They are known for their “family style” portions. The...
Having been saddled with a $148 million default libel judgment for "allegedly" making false, defamatory statements about Georgia election workers, Rudy Giuliani sought bankruptcy protection last December. He had agreed to self-limit his personal budget to $43,000 per...
Shilo Sanders, the 24 year old son of Colorado Buffaloes coach Deion, filed bankruptcy last year, in large part due to having had a large default judgment entered against him by somebody who claimed Shilo had injured him in a 2015 assault. Shilo didn’t defend the...
In a victory for the families whose lives were upended by lies from this alternate-reality media personality, Alex Jones agreed to stop claiming bankruptcy protection, and his assets will be liquidated to play claims of this creditors. Jones still claims that the 1.5...
This post really doesn't have anything to do with the practice of consumer bankruptcy in Minnesota, but I just want to give a shout out because this was the first place to really turn me on to fish tacos. In fact, they have the award-winning “Original Fish Taco®” They...
After years of lobbying, the legislature finally updated Minnesota’s state exemptions, with an effective date of Aug 1 for most provisions. The full text of the bill can be found at this link (refer to lines 134-142). MN exemptions are useful outside of bankruptcy,...
In Minnesota, a spouse is liable for the medical and other necessary debts of their spouse, as long as they are living together at the time the debt is incurred, pursuant to Minn.Stat. § 519.05. This is regardless of whose name it is in. While hospitals will sometimes...
In a case arising out Minneapolis, the US Supreme Court declared last year that when a county seizes someone’s house due to non-payment of property taxes, then sells it at auction, any excess funds need to go back to the homeowner. This is because of the 5th...