At Walker & Walker Law, we’re excited to share some fantastic news that marks a big win for our clients and our firm. With the implementation of Biden’s new policy, more student loan borrowers are now successfully getting debt relief through bankruptcy. This is a major victory for us and the many clients we are… Read more »
Navigating the Bankruptcy Process: Steps and Expectations
Navigating the bankruptcy process can feel daunting, but with the right guidance, you can approach it with confidence and clarity. At Walker & Walker, we aim to provide you with a clear understanding of each step involved, ensuring you feel informed and reassured throughout the journey. INITIAL CONSULTATION Your bankruptcy journey begins with a free… Read more »
The Benefits of Filing for Chapter 13 Bankruptcy
When financial difficulties seem unbearable, Chapter 13 bankruptcy can provide essential relief. It’s essential to understand how this type of bankruptcy can benefit you, especially with the guidance of an experienced Minnesota bankruptcy attorney. Even if you qualify for Chapter 7, considering Chapter 13 might be advantageous depending on your unique circumstances. Keeping Your Property One… Read more »
Governor Walz Signs Debt Fairness Act, Strengthening Protections for Minnesotans with Medical Debt
Minnesotans dealing with medical debt now have enhanced protections thanks to the Debt Fairness Act signed by Governor Tim Walz. This important legislation provides crucial safeguards for individuals struggling with medical expenses. Key features of the Debt Fairness Act include: Prohibiting the automatic transfer of medical debt to a spouse. Banning the reporting of medical… 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 Previously, the state’s bankruptcy protections were outdated, leaving many essential items at risk.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 »
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 »
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 »