Bankruptcy is a very useful thing. You may already no that it: Eliminate many types of consumer debt with the stroke of a pen Protect almost all of your assets Puts you on the path to rebuilding credit But did you also know it can stop the Obamacare tax penalty for people who didn’t have… Read more »
Who Will Know About My Bankruptcy? Does It Go in the Newspaper? Google?
Facing Bankruptcy? Contact Walker & Walker Law Office Are you asking yourself “Who will know about my bankruptcy?” instead of actually filing Chapter 7 Bankruptcy or Chapter 13 Bankruptcy in Minnesota? Worried that your friends, family, colleagues and neighbors will know? Bankruptcy used to carry a series of negative connotations when it came to a… Read more »
What is a Bankruptcy Trustee in Minnesota?
Facing Bankruptcy? Contact Walker & Walker Law Office Today What is a bankruptcy trustee? In the simplest and most direct terms: The bankruptcy trustee is an attorney (or sometimes non-legal financial official) appointed by the court to oversee and aid in your case The bankruptcy trustee is not a judge, and normally you do not… Read more »
How Minnesotans Got The Best Credit Rating
IS DEBT KEEPING YOUR CREDIT RATING LOW? WALKER & WALKER CAN HELP! It’s official – the land of 10,000 lakes is also home to those with the best average credit rating of any other state. Experian ran a State of Credit survey, and discovered the United States has an average credit score of 687. But Minnesota topped… Read more »
What is the Difference Between a Credit Score and Credit Report?
Facing Bankruptcy in Minnesota? Contact Us Today! Whether you are in the market to buy a new home, purchase a car, or just open a line of credit, lenders will want to take a look at your credit score to help them make their decision. Financial institutions use a person’s credit score to determine how… Read more »
Do I Have To Pay My Spouse’s Debts?
Do I have to pay my spouse’s debts? That’s a fair question, and one we get asked a lot. Here is the answer to the question, “Do I have to pay my spouse’s debts?” When people give themselves in marriage to the one they love on their… Read more »
Can I Rent an Apartment After Filing Bankruptcy in Minnesota?
Can you rent an apartment after filing bankruptcy? The short answer is: Yes you can Here’s why. Bankruptcy doesn’t automatically mean that you won’t be able to rent an apartment. You can find a new apartment quicker and easier by knowing more about what landlords want from their tenants. Here’s what you need to know…. Read more »
What Are the Differences Between Tax Returns and Tax Refunds?
One of the questions we are often asked is “What are the differences between tax returns and tax refunds?” So, if you’re thinking of filing Chapter 7 Bankruptcy or Chapter 13 Bankruptcy in Minnesota, we thought we’d explain. Here’s what you need to know about the differences between tax returns and tax refunds. Tax returns… Read more »
What Happens in Minnesota if I Inherit Something After Filing Bankruptcy?
What Happens in Minnesota if I Inherit Something After Filing Bankruptcy? It’s a fair question. No one plans when they will receive an inheritance, or when they will need to file for bankruptcy. This makes the possibility that you may inherit from an estate after filing bankruptcy a very real one. However: What happens to… Read more »
Andrew Walker Wins a Court Victory Allowing Minnesota Homeowners To Keep the Money From Selling Their Homesteads
Bankruptcy Attorney Andrew Walker won a court victory in July, 2018 with the In Re Thomas, 17-43661 MER case, regarding the “Snapshot Rule”. This case, decided by the Bankruptcy Court for the District of Minnesota formally adopted the “Snapshot Rule” for how the proceeds from selling a house are treated in a Chapter 7 Bankruptcy… Read more »
