Minnesotans dealing with medical debt now have enhanced protections thanks to the Debt Fairness Act, signed by Governor Tim Walz. This significant legislation introduces crucial safeguards for individuals struggling with medical expenses, ensuring they are treated with fairness and dignity. Key features of the Debt Fairness Act include: Prohibiting the automatic transfer of medical debt… Read more »
#WinWednesday: New Bankruptcy Protections for Minnesota Homeowners
Exciting news for Minnesota homeowners considering bankruptcy! Thanks to the dedicated efforts of Walker & Walker and other local law firms, Minnesota has updated its bankruptcy laws to offer better protection for your property. Previously, the state’s bankruptcy protections were outdated, leaving many essential items at risk. But starting August 1st, 2024, the new law… Read more »
#WinWednesday: How Walker & Walker Saved a Widow’s Home and Reduced Her Chapter 13 Bankruptcy Payment
Homeownership can be threatened by unexpected financial issues, but overcoming these challenges is possible. This #WinWednesday, we highlight a success story that demonstrates our dedication to helping people secure their homes. Last Sunday, we assisted a widow who was about to lose her home in a sheriff’s sale. Timing was crucial—Sunday was the only day… Read more »
Fast-track to Homeownership: How Bankruptcy Beats FHA Mortgage Challenges
In a world where financial barriers like outstanding judgments block the path to owning a home, bankruptcy emerges as a swift and effective solution. Issues such as FHA mortgage denials due to unresolved judgments, which can impact financial prospects for up to 20 years, make bankruptcy an appealing alternative for aspiring homeowners. Outstanding judgments create… Read more »
#WinWednesday: A Victory for Financial Justice!
Today marked a significant triumph for one of our valued clients as Judge Tanabe extended a compassionate gesture that will alleviate financial burdens and pave the way for a brighter future. In a heartwarming display of empathy and understanding, Judge Tanabe reviewed our client’s budget and determined that she qualified to have the Chapter 7… Read more »
Minnesota Pastors, Union Leaders, and Walker & Walker Advocate for ‘Fairer’ Debt Legislation
In the ongoing battle against the oppressive weight of medical debt, a coalition of voices emerges from the heart of Minnesota’s legislative arena, advocating for meaningful change. Among the chorus of advocates stands Walker & Walker, a beacon of expertise in debt relief, lending their support to the cause of fairness and equity in financial… Read more »
How Chapter 7 Bankruptcy Reduced Car Payments and Debt
In a tale of triumph, Walker & Walker recently led a client to a significant financial breakthrough, showcasing the power of Chapter 7 bankruptcy. With expert guidance, Walker & Walker not only slashed the client’s car payment by an impressive $80 per month but also reduced the loan balance from $39,000 to $21,000. Moreover, this… Read more »
Navigating Financial Challenges: Walker and Walker’s Leading Role in Minnesota’s Increasing Bankruptcy Cases and Student Loan Relief
During challenging financial periods, Walker and Walker serves as a reliable source of assistance, offering crucial support to individuals such as Jenny George as they navigate the complexities of debt management. A recent report by KSTP has brought to light the significant financial struggles encountered by many in Minnesota, with student loans and credit card… Read more »
Walker & Walker Law’s Guide to Protecting Your Car and House in Minnesota Bankruptcy
Facing bankruptcy can be overwhelming, especially when it comes to concerns about losing vital assets like your car and house. Fortunately, Walker and Walker Law Firm specializes in ensuring that clients retain these essential possessions throughout the bankruptcy process. But how do we accomplish this? Preserving What Matters At Walker and Walker, our mission is… Read more »
Can Bankruptcy Stop Wage Garnishment?
Struggling with wage garnishment presents a significant challenge for many hardworking individuals across various industries. This legal process, which involves employers withholding a portion of an employee’s wages to pay off a debt, affects approximately one percent of private-sector workers. What Is Garnishment? In Minnesota, if a creditor obtains a judgment against you, they have… Read more »