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 »

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 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 »

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 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 »

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 »