Filing Bankruptcy protects your stuff from creditors. But to understand how that works, it helps to understand what a ‘Bankruptcy Estate’ is. Now you’ve probably heard the word estate used in phrases like ‘real estate,’ ‘family estate,’ or ‘estate planning.’ In bankruptcy, your estate is everything you have at the exact moment you file your… Read more »
Why Should I Opt Out of Arbitration?
What Is Arbitration for a Loan? Arbitration is a sort of parallel court system that allows people and companies to opt out of using the courts of the United States to resolve disputes. It is very popular for lending companies like credit card and car loan companies. These big companies like to use it because… Read more »
What Can Bankruptcy’s Automatic Stay Protect You Against?
If bills and debt become overwhelming, bankruptcy can become your only action in order to regain control of your finances. Once you file bankruptcy, the court issues an order to every creditor called an automatic stay. This prevents collection actions and civil lawsuits from being filed against you until the bankruptcy is completed or that… Read more »
What is the Income Limit for Chapter 7 Bankruptcy in Minnesota?
You’re afraid to answer the phone. You get calls from collection agencies every single day. And now, your creditors are even calling you at work. Filing for bankruptcy will end the calls and give you a fresh start. However, there are income limits for chapter 7 bankruptcy in Minnesota. For some households, figuring out their eligibility for chapter… Read more »
What Makes A Good Bankruptcy Attorney in Minnesota?
You have made the decision. Months or years of harassment from creditors has led you to declare bankruptcy. The truth is, no one wants to declare bankruptcy, it can be a headache. However, bankruptcy can be your first step to getting your life back. There is even better news, an experienced bankruptcy attorney can help… Read more »
5 Best Bankruptcy Attorneys in Minneapolis, Minnesota
The problem of being able to pay credit cards and debt collectors may have snuck up on you. It may have been getting harder and harder to make the money last paycheck to paycheck. Or, perhaps you were suddenly laid off and were not able to immediately replace your job. Whatever the reason, you cannot… Read more »
A Tax Lien: What is It?
Minnesota Bankruptcy Lawyers at Walker & Walker A tax lien is the government’s claim to all or part of your assets because of a failure to pay taxes on time. A lien may be at the Local, State, or Federal level. Failure to pay a tax lien means that if you sell anything valuable, then… Read more »
Chapter 7 Provides High Return on Investment
Minneapolis and Saint Paul Chapter 7 Bankruptcy Attorneys Most of my clients know that they need to do something to get out of debt and work on fixing their credit, but the problem is that bankruptcy costs money up front. What is a person to do if they are already living paycheck to paycheck?. What… Read more »
Creditor Calls and Wage Garnishing Halted When Filing Bankruptcy
There Is Hope When You File Bankruptcy in Minnesota Filing bankruptcy can be scary. Debtors are often concerned the bankruptcy filing will become public and they will be deemed to be of poor moral character. Neither of these concerns should stop you from exploring the possibility of filing for bankruptcy protection because IT DOES NOT… Read more »
Bankruptcy Does Not Put People At Risk for Deportation
Facing Bankruptcy? Contact Walker & Walker Today! In today’s tumultuous society, many undocumented immigrants are fearful of deportation. Many have built lives and raised families in the United States. Obviously, they want to do all they can to keep their families safe and secure. If you are an undocumented immigrant, and are in serious debt,… Read more »