Bankruptcy Articles

How Much does Bankruptcy Cost: Part I

One of the first questions people have for me when I meet with them to discuss bankruptcy is: how much does filing for bankruptcy cost? It is an important question, but it is one that is difficult to answer because it depends on the person's particular situation. ...more

The price of Bankruptcy is going Up!

As of November 1, 2011 the fees for filing any bankruptcy under any chapter are going up. ...more

Historic Change in Minnesota Bankruptcy Law Allows You to Get Rid of Second Mortgage

On August 29th, 2011, the 8th Circuit BAP ruled that not only is wholly unsecured second mortgage homestead lien stripping allowed in chapter 13, but it’s allowed in a chapter 13 in which the debtor can’t get a discharge because of a prior chapter 7. ...more

Debt Be Not Proud

Described below is a recent article from the American Bar Association on the most outrageous debt collector practices that have recently taken place. This includes one firm that tried to set up a mock court room and convince debtors that a fake judge was actually ordering them to pay a debt. The Fair Debt Collection Practices Act prevents debt collectors from using false, illegal or harassing methods of debt collection including the ones listed in the article. Debt Collectors that violate the FDCPA can be liable to the aggrieved party for damages and legal fees. Call Dan Schleck at 763-404-8800 for a free consultation if you think you have a claim against an abusive debt collector under the FDCPA...more

Filing Chapter 13

Three main reasons why to file a chapter 13... - article...more

What do I get to keep in a Minnesota Bankruptcy?

Attached is a list that comes right from the Bankruptcy Statute and lists common exemptions and amounts for each....more

Usury Law in Minnesota

Minnesota has enacted legislation that provides for a tight regulation of personal and consumer loans....more

You May Have The Right To Sue Your Debt Collectors For $1,000 Or More

The Fair Debt Collection Practices Act (FDCPA) prohibits debt collectors from using abusive, unfair, or deceptive practices to collect from you. ...more

2011 Bank Failure Outlook

The bank failure crisis in this country is overwhelming. Continue reading to see the map and further commentary....more

Will I lose my home if I file bankruptcy?

This is a very important question for many families considering bankruptcy. The answer to the question turns on two issues...more

Strategies For Responding To The New Credit Card Accountability Disclosure Act

Recent enactment of the Credit Card Accountability Responsibility and Disclosure (CARD) Act has had a significant impact on both credit card companies and consumers. ...more

Under Bankruptcy, Inherited IRAs Are Nolonger Exempt Retirement Accounts

New Bankruptcy rules by the Court states that an IRA inherited by a beneficiaryis a non-exempt asset of the bankruptcy estate. ...more

AG goes after debt settlement firms

The AGs work in this are is admirable and we at Minneapolis Bankruptcy Lawyer believe it will help all Minnesotans struggling with a large debt load....more

Bankruptcy does not solve all debt problems | When not to file bankruptcy

The idea of declaring bankruptcy, wiping out certain debts, no more hassles or nasty phone calls from menacing creditors--and then moving on more or less debt free has undeniable appeal to anyone faced with overwhelming debt....more

FTC Resources for Consumers

The Federal Trade Commission has many excellent resources for consumer information on everything from buying a home to dealing with debt collectors....more

5 Mistakes you should avoid or You Might not be Able to File Bankruptcy

These common mistakes can prevent you from getting the full benefit of filing bankruptcy. The filing of bankruptcy is governed by Title 11 of the United States Codes. ...more

7 Ways to Take Control of Debt

Learn some quick actions you can take so you can avoid bankruptcy....more

Filing bankruptcy to eliminate student load debt

s reported in the July 15th Minneapolis Star Tribune, the defendant—Mark Jesperson of Grand Marais, MN-- won in the bankruptcy and District courts based on claims of “undue hardship”....more

Ruling on means test for individuals with roommates

The key issue was the impact a roommate has on the interpretation of the definition of a household and consequently the median income issue. ...more

This content is not meant to constitute advice of any kind, including without limitation, legal advice of any kind. If you require advice in relation to any legal matter you should consult an appropriately qualified lawyer.

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