Service members endure a lot including: low pay, time away from home, long hours and stress. One of the worst things that can happen to a veteran is finding that they have accumulated debt as a result of their sacrifice. Gratefully a portion of the...
Bloomberg reports that approximately 10% of the outstanding student loans were in default during the third quarter of 2011. This represents a lot of student loan borrowers who are struggling to pay their student loans while paying for all of the other essentials of life....
If you have a small business in Minnesota and need to reorganize the business or think you need a fresh start our firm may be able to help. We help small business owners in Minnesota file chapter 7, chapter 13 and chapter 11 bankruptcies. We...
Taking a business like approach to the decision on whether to keep your house or car is the best course of action. When I say take a business like approach I am speaking to the idea that businesses are often faced with tough decisions, but...
If you have received a letter from a MN bankruptcy trustee you have options. Undoubtedly the letter is demanding that you turn over or pay the trustee an amount of money paid to you by a person who has now filed bankruptcy. Typically, bankruptcy does not...
Fannie Mae has decided to sell 2500 foreclosed homes to investors to use as rentals. The homes in the program are currently rental properties. Fannie Mae is allowing investors to bid on the entire portfolio of 2500 homes or bid on the homes in each...
Recently our office has been seeing more clients with excessive student loan debt. This is an amount of debt that prevents these individuals from achieving a true fresh start in bankruptcy, because even after they get rid of their unsecured debt, they will still owe...
If you have been sued or harassed by a debt collector in the Minnesota it may be time to look at your debt relief options. In most cases your options are pay the debt in full, settle the debt, make reduced payments on the debt,...
The issue of whether a fully unsecured second (2nd) mortgage can be stripped through the filing of a Chapter 13 bankruptcy is closer to being settled law. The 8th Circuit B.A.P. reversed the Minnesota Bankruptcy Court and held that fully unsecured home equity loans may...
If you are thinking about settling your debt in Minneapolis or St Paul it is important to go with a local firm that can represent your interests. When you are working towards a debt resolution you want to make sure that you have some money...