Sometimes life gets harder than expected, and when it does, bankruptcy can still offer a way forward. This week, we are celebrating a big win for a Minnesota client who had previously filed for bankruptcy. They had made progress after that case, but the challenges of the COVID pandemic brought new financial strain. They found… Read more »
How Chapter 13 Bankruptcy Helps You Keep Your Low Mortgage Rate and Avoid Foreclosure
If you’re behind on your mortgage payments, the idea of losing your home—or your hard-earned low interest rate—can feel overwhelming. Many lenders offer mortgage modifications, but these often come with a catch: a significantly higher interest rate, sometimes jumping to 6% or 7%. The good news? There’s a better solution that protects your financial future… Read more »
How Filing Bankruptcy Before the End of the Year Can Boost Your Credit Score and Help You Get a Mortgage Sooner
If you’ve been thinking about filing for bankruptcy but haven’t taken the leap yet, now is the perfect time to act. Here’s why: filing for bankruptcy before the end of the year can make a significant difference in your financial future—specifically when it comes to your credit score. It might sound like a small detail,… Read more »
How Bankruptcy Can Help You Recover Garnished Wages: Attorney Andrew Walker’s Top Tip
Wage garnishment can be a frustrating and financially crippling experience. Imagine working hard, only to see a chunk of your paycheck taken away due to unpaid debts. The good news? There’s a powerful legal tool that can help not only stop future garnishments but also recover the money that’s already been taken from your wages:… Read more »
#WinWednesday: How Walker & Walker Saved a Widow’s Home and Reduced Her Chapter 13 Bankruptcy Payment
Homeownership can be threatened by unexpected financial issues, but overcoming these challenges is possible. This #WinWednesday, we highlight a success story that demonstrates our dedication to helping people secure their homes. Last Sunday, we assisted a widow who was about to lose her home in a sheriff’s sale. Timing was crucial—Sunday was the only day… Read more »
What if I get married or pregnant after I filed for Chapter 13?
The good news about Chapter 13 bankruptcy is that your life doesn’t need to go on pause once we file your case. You can live! Get married, have a child, move! We can always adjust your Chapter 13 plan. When we originally file your case, we are budgeting your Chapter 13 payments. These are based on… Read more »
Surprising New Study Shows That Chapter 13 Bankruptcy Prevents Divorce
According to a new study done by the Department of Finance of Rice University, American University, Virginia Tech., and the University of Rochester, shows that while divorce is a very complex situation to be in, a large portion of them are caused by some intense and sudden financial hardship. And this is where Bankruptcy comes into play. Chapter 13… Read more »
The $50 Solution: Erasing $37,000 in Debt for a Fresh Financial Start
In a world where financial challenges can sometimes feel overwhelming, there’s a story that serves as a beacon of hope – a story of how an everyday occurrence turned into an extraordinary triumph. Welcome to a celebration of everyday miracles, where $50 made all the difference in wiping out a staggering $37,000 of debt. This… 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 »
John Oliver Tonight Did An Episode On Bankruptcy – It’s All True
Here is a link to the episode on youtube. https://www.youtube.com/watch?v=GzFG0Cdh8D8 The realities of filing bankruptcy are rarely mentioned on regular media, but on 4/18/2021 John Oliver Tonight did an episode about it. Walker & Walker agrees with most of his points! The credit counseling course and financial management course are unnecessary and stigmatizing. People file… Read more »
