In a recent legal showdown, our distinguished attorney, Christopher Anderson, spearheaded a triumphant defense in the protection of our client’s fire-damaged RV, marking a remarkable #WinWednesday that deserves recognition. The Fire-Damaged Challenge The case revolved around our client’s RV, which had suffered severe fire damage, igniting a fierce dispute. The trustee contended that the RV… Read more »
Surprising New Study Shows That Chapter 13 Bankruptcy Prevents Divorce
According to a new study done by the Department of Finance of Rice University, American University, Virginia Tech., and the University of Rochester, shows that while divorce is a very complex situation to be in, a large portion of them are caused by some intense and sudden financial hardship. And this is where Bankruptcy comes into play. Chapter 13… Read more »
Bankruptcy works on Xcel Energy and Centerpoint Energy
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 »
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 »
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 »
Top 4 Mistakes People Make Before Bankruptcy
TOP 4 MISTAKES PEOPLE MAKE BEFORE BANKRUPTCY I have been practicing bankruptcy law in Minnesota for just under 10 years. At this point I have seen most mistakes that a person can make before filing. Most of them come because people think bankruptcy is more disruptive to their lives than it really is and… Read more »
How Do I close a Business?
If a business isn’t making money and isn’t likely to start making money soon, then it often makes sense to close it. In modern America, there are many expensive costs to running a business, even one that isn’t making money, so it can make sense to close it quickly before the losses get larger. But… Read more »
What is the Cost and Process for a Chapter 7 Bankruptcy?
What Does The Process Look Like? Filing bankruptcy is a big decision to make and it is important that you have all available information before you begin the process. Chapter 7 Bankruptcy is designed to give you a fresh start if you are bogged down with medical, credit card, or utility bills. The process can take anywhere between 3 and 6… Read more »
What Happens If My Income Goes Up After Filing Chapter 7 in Minnesota?
When you have enough money to pay only the minimum payment every month, bankruptcy is often the most sensible option. While you have a number of options on the table when you reach this point, one choice for those who make less money than the median in Minnesota is Chapter 7 bankruptcy. Chapter 7 bankruptcy… Read more »
