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
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 »
How Do I close a Business?
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 is the Cost and Process for a Chapter 7 Bankruptcy?
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 »
What Happens If My Income Goes Up After Filing Chapter 7 in Minnesota?
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 »