Call Today For Your Consultation: 763-225-9583
When Legal Matters Become Personal
There has been a lot of changing information, confusing information, and conflicting information that’s been coming out the past few days about what our governments are doing for us to help us through this crisis, so I will summarize a few things about the pending...
This office takes the threat of the Coronavirus very seriously. We will follow, and go above and beyond, all government directives to ensure the safety of our clients, staff, and the public in general. The good news is that a lot of the work that we do as bankruptcy...
The Department of Justice recently did its semiannual adjustments of the median income figures, which are effective in bankruptcy cases filed after November 1, 2019. The median income is an important figure, as debtors below that figure are almost always assured a...
Placing Bets and Cashing Checks – How to Get Paid in a Consumer Bankruptcy Case 1.0 ethics credit applied for Much like the action at the casino, lawyers representing parties in bankruptcy is a risky proposition. The panel will discuss how attorneys representing...
On Friday, the President signed the Honoring American Veterans in Extreme Need Act of 2019, which excludes from the calculation of monthly income, for purposes of the Bankruptcy Code’s means test, certain benefits paid by the Department of Veterans Affairs and the...
Almost everyone considering bankruptcy can and should consider debt settlement as a last ditch effort to avoid bankruptcy. Debt settlement can be preferable to bankruptcy in these types of circumstances: You have a low amount of debt. You have assets that cannot be...
The Department of Justice recently did its semiannual adjustments of the median income figures, which are effective in bankruptcy cases filed after May 1, 2019. The median income is an important figure, as debtors below that figure are almost always assured a chapter...
The quick answer is, I’ve never had a client lose their wedding ring. There are some interesting twists and angles to consider. The first concept to understand is exemptions. The wedding ring is exempt under both the federal and Minnesota exemptions. The federal...
Tis the season for a timely question. There are two things to watch out for: The first concept, if you file after the gift is given, concerns what are called fraudulent transactions, which could potentially invoke a trustee’s “clawback” (or avoidance) powers. If a...
My last two posts concerned options with a car in chapter 7, including the two most popular options, retain and pay/”ride through”, or reaffirmation. But in most cases, the terms of the loan remain the same. In chapter 13, we can actually change the terms of your car...