Walker & Walker Can Help You File Chapter 7 Bankruptcy When debts get out of control, and someone can no longer pay them, one of the smartest legal options is to declare bankruptcy. However, if you’re looking to declare Chapter 7 bankruptcy in the state of Minnesota then there are certain things you need to… Read more »
Coronavirus May Affect Your Bankruptcy Case – for the Better
Minnesota Bankruptcy Lawyers Walker & Walker Can Help Your Case The COVID-19 coronavirus has disrupted economies and lives all over the world. Small businesses and individuals with non-stable jobs have been hit particularly hard. As a result, people and businesses who might never have considered bankruptcy before may find themselves – at very least –… Read more »
Unemployment Due to Coronavirus and Chapter 7 Bankruptcy Filings
Bankruptcy Attorneys in Minneapolis, St. Paul, Brooklyn Park & Blaine Many Americans are facing financial difficulties which could not have been predicted and bankruptcies are expected to increase. Who would had anticipated the mass closings we are facing in order to protect our health, and the very lives of those with respiratory difficulties or compromised… Read more »
$1,200 Covid-19 Stimulus Checks Protected under Bankruptcy Law in Minnesota
Protecting Your $1,200 Stimulus Checks The Covid-19 pandemic has almost brought the world to a stand-still. People are staying home in a bid to stay safe and comply with orders. Many businesses have closed shop. Here in Minnesota, many employees have been laid off or downscaled, and most people are not guaranteed regular income. President… Read more »
How Coronavirus is Affecting Bankruptcy in Minnesota
The coronavirus is resulting in serious financial consequences for some Minnesotans. Many non-essential workers have been laid off or are now working reduced hours. Schools are closed, leaving parents scrambling for childcare. Bills are piling up while people wait for their unemployment benefits and stimulus checks. It is a stressful time for many people. We… Read more »
Bankruptcies Expected To Rise Due To Coronavirus Fears
Bankruptcy Filings To Increase During COVID-19 Pandemic Unfortunately for the world of business and homeownership, bankruptcies are not expected to decline during this tumultuous time. In fact, it looks as though they’re going to continue rising and remain consistently high for the rest of the foreseeable future. Does this indicate a full-on crisis in the credit market?… Read more »
Chapter 7 Bankruptcy, Minnesota’s Xcel Energy and Keeping Utilities On
Many of our Minnesota clients are worried about more than just credit card debt-they also fear having their utilities shut off, especially during the world we live in these days with coronavirus. What happens when you have used up all of your available resources, yet still owe a sizeable amount to Xcel Energy? Can filing for Chapter… Read more »
Residency Requirements for Filing Bankruptcy in Minnesota
There’s good news for relatively new Minnesota residents who are struggling to pay their debts. It’s not difficult to meet the residency requirements for filing bankruptcy in Minnesota. Residents who have lived in Minnesota for as little as 91 days are eligible to file. As long as you’re a state resident, you don’t have to… Read more »
A Proposal for Fixing Our Bankruptcy System So People Have a Second Chance
In 2005, a law was passed that drastically reduced the ability of citizens to form fair repayment plans and discharge debt. Our bankruptcy system must be fixed to give responsible citizens a second chance. One leader we’ve heard a lot about lately, cares deeply about this issue. Senator Elizabeth Warren’s Story Researching to Discover the Reasons… Read more »
Why People File Bankruptcy In Minnesota?
For everyone, bankruptcy isn’t part of “the plan” they had for their life. However, even if no one plans for it, bankruptcy is an option for when things just get out of control. Why do people file for bankruptcy in Minnesota? Sometimes it is because they were bad with their money, but mostly it is… Read more »