I’m Bankruptcy Attorney Andrew Walker and my heating bill is up at least 50% compared to last year! I am seeing lots of clients come talk to me now who owe 2 or three thousand dollars on their utility bills in Minnesota. Guess what? That 2 or three thousand on a gas or electric bill… Read more »
3 THINGS PEOPLE DON’T EXPECT AFTER FILING BANKRUPTCY
Congratulations, your case is filed! Filing is the big day in bankruptcy. As of today, no creditor can take any action to collect a debt against you. They have to abandon any lawsuits against you, and they can’t call or email you anymore, they also can’t write negative things on your credit report starting today. What sorts of… Read more »
Attorney Andrew Walker wins a court victory allowing a homeowner in Coon Rapids, and anywhere in Minnesota to keep home sale proceeds
Attorney Andrew Walker recently won a victory in the Stepp case. In that case, Mr. Walker successfully argued that Minnesota law allows a person who recently sold a house to keep the money from selling that house AND also to keep another house that the Debtor owned and is using for his retirement. The bankruptcy… Read more »
How To Use Bankruptcy To Stop An Eviction in Minnesota
Bankruptcy Stops Eviction Orders From Being Granted Bankruptcy is a very powerful legal process. It can stop almost any act to collect a debt, including evictions. But only if the bankruptcy is filed before the MN Housing Court issues a writ of execution. After a writ of recovery is issued, then the bankruptcy is less… Read more »
The IRS and Minnesota Department Of Revenue Are Accepting Tax Returns Early This Year
Tax return filing season is starting soon. The IRS will let people file a little earlier than usual on January 24th. What about the state of Minnesota? At present, the Minnesota Department of Revenue has not announced what day they will start accepting tax returns, but it’s likely the same day because most people efile the… Read more »
Does Filing Bankruptcy Affect a Cosigner’s Credit?
The short answer is no. Filing bankruptcy DOES NOT affect a cosigner’s credit. A bankruptcy only goes onto the credit report of the person who filed the bankruptcy. The tradeline for the cosigner, sometimes called a codebtor, will also not say bankruptcy. If the payments on the loan stop, however, then the nonpayment of the… Read more »
Gurstel Law Firm Is Suing Me, What Can I Do?
Gurstel Law Firm is a Debt Collections Law firm located in Golden Valley, MN. They often sue Minnesotans for unpaid debts from things like credit cards or medical bills. A lawsuit in Minnesota starts with a Summons and Complaint. This is a legal document that is supposed to be served (handed to) the Defendant or… Read more »
New York Bankruptcy Court Allows Discharge of Some Private Student Loans
Is the trend changing for whether student loans can be discharged in bankruptcy? One court in New York is willing to go against the grain and rule for the student loan borrower. This court found that the borrower’s specific type of loan did not count as a student loan. Read the opinion here. There are… Read more »
Is the Child Tax Credit Protected in Bankruptcy?
WHAT IS THE 2021 CHILD TAX CREDIT? Minnesota parents should soon receive their first payments from the child tax credit. Congress and the Biden administration voted in March, 2021 to give parents under a certain income threshold up to $3,600 to help raise their children. If you want to know how much you will get… Read more »
Peacetime State of Emergency Ends Tomorrow
Things you should know: The Peacetime Emergency in the United States was protecting people during the pandemic from creditors. Things like garnishments, bank levies, account freezes were all stopped during that Emergency Order. Now that it is ending, creditors are going to be looking to start garnishing immediately. What are creditors doing now? Creditors are… Read more »
