Congress is empowered by the Constitution of the United States of America (Article I, Section 8, Clause 4) to enact bankruptcy laws. Congress has used that power to create a bankruptcy code which governs how bankruptcy will be applied in America. One of the most...
When getting any education it is always wise to think about the prospects available for any particular degree or vocational school. I see clients who have taken out excessive student loans for degrees that not many jobs are available. This seems especially true of for...
The most common method creditors use to collect a judgement is Minnesota is either a letter or call from a bill collector. Creditors will often use these techniques through a collection agency for the first nine months of the collection process. If this is not...
In my practice is would seem that giving consumers a voice through a new federal agency would be helpful to curtail some of the abuses of the financial services industry. I see a lot of clients who would benefit from more oversight of various industries...
If you have filed a chapter 13 bankruptcy a creditor will file a proof of claim with the bankruptcy court that determines the amount the creditor is owed. The creditor will then get paid on that claim depending on their treatment in the bankruptcy plan. ...