Attorney Andrew Walker recently won a victory in the Stepp case. In that case, Mr. Walker successfully argued that Minnesota law allows a person who recently sold a house to keep the money from selling that house AND also to keep another house that the Debtor owned and is using for his retirement. The bankruptcy… Read more »
How To Use Bankruptcy To Stop An Eviction in Minnesota
Bankruptcy Stops Eviction Orders From Being Granted Bankruptcy is a very powerful legal process. It can stop almost any act to collect a debt, including evictions. But only if the bankruptcy is filed before the MN Housing Court issues a writ of execution. After a writ of recovery is issued, then the bankruptcy is less… Read more »
Can I keep cryptocurrency when filing bankruptcy in Minnesota?
Cryptocurrency and Bankruptcy in Minnesota Cryptocurrency has grown from a niche product into a significant consumer investment. Bitcoin, Ethereum, Dogecoin, and other cryptocurrencies are increasingly popular. According to NASDAQ, there are around 46 million Americans who own Bitcoin. Bankruptcy lawyers have ways of helping you keep cryptocurrency in bankruptcy, but there are limits to how… Read more »
Yes, You Can File Bankruptcy On Gambling Debts In Minnesota?
Minneapolis Bankruptcy Attorneys at Walker & Walker Law Offices Bankruptcy is a powerful weapon. It can help you avoid creditors and give you a new financial start. Most importantly, it may wipe out your debts. You’ll generally devote your disposable income to paying off your bills. The court will discharge your remaining debt if you… Read more »
Weighing Your Options: The Pros and Cons of Filing Chapter 7 Bankruptcy
Do you feel like you are buried in debt with no foreseeable way to get out from under it? Would you like to STOP harassing creditor calls, wage garnishments, pending foreclosure, and losing the assets you have worked hard to acquire? If the answer to these questions is, “Yes!” filing for Chapter 7 bankruptcy could… Read more »
The IRS and Minnesota Department Of Revenue Are Accepting Tax Returns Early This Year
Tax return filing season is starting soon. The IRS will let people file a little earlier than usual on January 24th. What about the state of Minnesota? At present, the Minnesota Department of Revenue has not announced what day they will start accepting tax returns, but it’s likely the same day because most people efile the… Read more »
Does Filing Bankruptcy Affect a Cosigner’s Credit?
The short answer is no. Filing bankruptcy DOES NOT affect a cosigner’s credit. A bankruptcy only goes onto the credit report of the person who filed the bankruptcy. The tradeline for the cosigner, sometimes called a codebtor, will also not say bankruptcy. If the payments on the loan stop, however, then the nonpayment of the… Read more »
Gurstel Law Firm Is Suing Me, What Can I Do?
Gurstel Law Firm is a Debt Collections Law firm located in Golden Valley, MN. They often sue Minnesotans for unpaid debts from things like credit cards or medical bills. A lawsuit in Minnesota starts with a Summons and Complaint. This is a legal document that is supposed to be served (handed to) the Defendant or… Read more »
New York Bankruptcy Court Allows Discharge of Some Private Student Loans
Is the trend changing for whether student loans can be discharged in bankruptcy? One court in New York is willing to go against the grain and rule for the student loan borrower. This court found that the borrower’s specific type of loan did not count as a student loan. Read the opinion here. There are… Read more »
Is the Child Tax Credit Protected in Bankruptcy?
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 »
