The Minnesota legislature recently passed a law to make the first $25,000 that a person has in a Health Savings Account or HSA exempt from bankruptcy and exempt from judgment creditors or debt collectors who are trying to collect. This bill is called HF 2391 and was introduced by Senator Roger Chamberlain of District 38 to… Read more »
Mortgage company changes mind over unjustified attorney’s fees
We recently filed a Chapter 7 Bankruptcy for someone who continued to pay their mortgage throughout the 3 months of their Chapter 7. We knew that the mortgage company was in no danger of taking a loss, as all payments were current, and the mortgage company did not have to do any extra work because… Read more »
How to be the Perfect Bankruptcy Client
We often talk about what you need to know, and what you need to do when it comes to filing for Chapter 7 Bankruptcy or Chapter 13 Bankruptcy. This time we’re going to advise you how to behave, so that you’re the perfect bankruptcy client. Follow these tips and make your bankruptcy quicker and easier… Read more »
4 of The most common myths that surround bankruptcy
There are few things in life as daunting as declaring yourself bankrupt. But in these difficult financial times, this is a decision that many people face as they look to rebuild their lives. Even in today’s economic climate, the issue of filing for bankruptcy is shrouded in myth, mystery, and negative rumors. So here are… Read more »
7 Reasons Your Bankruptcy Case Will Be Dismissed
In reality, there are very few reasons why your bankruptcy case will be dismissed, because if you and your bankruptcy attorney do everything properly, and in accordance with the rules and laws, you will get the discharge you need. If you decide to file for bankruptcy yourself, then here are the potential issues you need to be… Read more »