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At this juncture, we can continue working from home, and serving our clients via phone, email, and fax. Mail is forwarded home. We keep limited hours at the office but can pick up documents there. We anticipate gradually reopening within the next month. All meetings...
Governor Tim Walz just issued an executive order halting any garnishment of bank accounts or wages for consumer debts. Violators are subject to a $25,000 penalty. There is an exception for child support. Also, consistent with what we already understood, he clarified...
Join us for a panel discussion with Jeffrey Bruzek, Tim Theisen, and Ron Lundquist as we discuss the following garden of sprouting Chapter 13 issues: 1. Up in Smoke: The collision between Chapter 13 and federal law regarding marijuana 2. Saving Grace: Should savings...
Tim will speak at a zoom CLE conference before the Minnesota State Bar Bankruptcy Section Consumer subcommittee on May 12 at 6:00 PM on the subject of chapter 13, including new trends on handling student loans, and new laws and policies in light of COVID.
Many people in an existing, confirmed chapter 13 plan have suffered a change of income, and have inquired about their options. Even debtors whose income has not been impacted have a few new options to consider. When a chapter 13 debtor’s income decreases, we take a...
Good Friday to you! I have been trying to blog & update on these topics, so wanted to take a moment to summarize and update, since information seems to get stale after a few days. Theisen Law policies during the Stay at Home order New laws & policies for...
The Minnesota Department of Employment & Economic Development (DEED, or unemployment department, if you eschew euphemistic titles) recently published this article which is a fairly good update on the programs available for small businesses and the self-employed. A...
The Department of Justice recently did its semiannual adjustments of the median income figures, which are effective in bankruptcy cases filed after April 1, 2020. The median income is an important figure, as debtors below that figure are almost always assured a...
A huge part of last week’s CARES legislation included relief for small businesses, including SBA grants for subsidizing payroll, rent, & utilities for 8 weeks. It starts out like a loan, but will be forgiven upon proof that you used it for those qualifying...
Minnesota Unemployment benefits for the Self-employed Here is an update on unemployment benefits for the self-employed in Minnesota as of Tuesday morning March 31. The Department of Employment and Economic Development’s website still says they are awaiting guidance...