The amount of debt carried by a married couple is a strong indicator of divorce. The old adage of don’t talk about religion and politics doesn’t hold a candle to married couples disdain for talking about debt according to a recent story on Reuters. Generally there...
At Bolinske Law we listen to our clients. One of the common themes that clients come in concerned with is “Why creditors won’t work with me.” With a few exceptions clients coming in for the first bankruptcy consultation have all expressed the desire to repay their...
Stigma may be one of the most powerful forces in the universe. Because of stigma, individuals will do thing and say things that are often not in their best interest. Japanese call it saving face and Americans call it honor. Whatever you call it individuals going through...
Nearly everyone has been to the doctor. Nearly everyone who has been to the doctor also has experienced the sticker shock that comes when the bill arrives. Medical bills are some of the most confusing bills that exist. A patient can have a procedure performed by...
The filing of a chapter 7 or chapter 13 bankruptcy protects tax refunds in two ways. First, the filing bankruptcy will stop creditors from capturing tax returns both currently and in the future. Second, in most cases the money will also be safe from the...
Minnesota Bankruptcy Court does allow a self-prepared bankruptcy filing, meaning you can do it yourself. The purpose of this article is not to provide you with legal advice; instead, this article provides you with information on what is required to file your own bankruptcy in...
Often what brings clients to my office is the pressure put on them from a creditor who has obtained a judgment. While the judgment itself does not cause any immediate harm other than being reported on credit reports, the rights of collection methods that a...
Each day in Minnesota thousands upon thousands of phone calls and letters go out from collection firms. Each day these same debt collectors violate various provisions of the Fair Debt Collection Practices Act (FDCPA). In most cases the collectors who do the violation do not...
By filing chapter 7 or chapter 13 bankruptcy you can obtain immediate relief from your creditors. Creditors are prohibited from collecting or harassing a debtor after the filing of a bankruptcy pursuant to 11 U.S.C. Section 362 of the bankruptcy code. During my practice in...
The prevalence of leases continues to grow. Many individuals want to drive a newer car but could not otherwise afford the car outright. Many businesses want commercial space but cannot afford the cost of purchasing a commercial building and its upkeep. Most leases go off...