An individual who files a chapter 13 or chapter 7 personal bankruptcy case is afforded a great deal of relief from their debts. In exchange for this huge debt relief, a person who files for bankruptcy (aka the “debtor”), is required to make payments to creditors in a chapter 13 repayment plan and, in some circumstances, is required to surrender property to pay creditors in a chapter 7 case.
Welcome back to our series of blog posts on the history and philosophy of the economy, bankruptcy, and debt – today let’s talk about a more current topic: cryptocurrency. This post will merely skim the surface of current cryptocurrency issues, for what it is worth.
Welcome back to our series of blog posts on the history and philosophy of the economy, bankruptcy, and debt – today let’s talk again about a more current topic: cryptocurrency. This post will continue to merely skim the surface of current cryptocurrency issues, for what it is worth. Today, let’s introduce the topic of non-fungible tokens, also known as NFTs.
We have many people who reach out to LifeBack Law Firm concerned about these type of questions. And they are legitimate fears of course. But what we tell people is there really is two issues to dissect when it comes to this question.
Welcome back to our series of blog posts on the history and philosophy of the economy, bankruptcy, and debt – today let’s talk again about a more current topic: cryptocurrency. This post will continue to merely skim the surface of current cryptocurrency issues, for what it is worth. Today, let’s discuss a scam that occurs in the industry: pump and dump.
I have pity for humans who try to avoid the “b” word because they want to pay their debt. We all want to pay our debt. The issue is this: who comes first, your family or your creditors? Your family has to come first.
Some people think a bankruptcy attorney is a bankruptcy attorney and they could not be more wrong. I have been in this business for 25 years and I can tell you I have seen some things that would make your blood boil.
Welcome back to our series of blog posts on the history and philosophy of the economy, bankruptcy, and debt – today we continue to discuss public benefits in the 21st century by turning to food assistance and benefits aimed at needy families and children.
Welcome back to our series of blog posts on the history and philosophy of the economy, bankruptcy, and debt – today we continue to discuss public benefits in the 21st century. Finally, we finish off our round up of public benefits by discussing workers’ compensation and unemployment benefits.
When a person files a chapter 7 bankruptcy case, they must make a decision as to what they intend to do with their existing secured vehicle loans. Bankruptcy eliminates the debtor’s personal legal responsibility to repay a vehicle loan but does not eliminate the lender’s lien against the vehicle. Therefore, when a debtor files a chapter 7 case, they must choose whether to keep the vehicle and pay for it, or stop making payments, and surrender the vehicle back to the lender.
Saint Paul is one of the greatest cities in the world in which to live. I know I may be biased due to the fact that I was born here, and now live here again, but I strongly believe any objective out-of-towner who relocates here would agree! Just because the city Saint Paul itself is a great place to live doesn’t mean that one’s particular apartment here is the best place in which to live. Sometimes, people simply find themselves stuck in a bad lease they wish they could do anything to get out of. There is one solution to this problem. You can file for bankruptcy (never saw that one coming, huh?).
Welcome back to our series of blog posts on the history and philosophy of the economy, bankruptcy, and debt – today we continue to discuss public benefits in the 21st century. Thus far, we have been picking and choosing public benefit programs to discuss based on whether they provide a true monetary benefit, but there are so many public benefit programs that offer funds or necessities. Now, we will discuss some public housing benefits.
Once a creditor files a lawsuit and gets the court to enter a judgment against a person for they can then take action against that person to collect on the judgment. One of the ways a creditor can collect on their judgment is by garnishing the person’s wages. In Minnesota, a creditor may garnish up to 25% of a person’s net pay (the money they actually take home after deductions, like taxes, are taken out of their paycheck). This can cause a significant hardship to that person’s financial circumstances, especially if a person is already struggling to make ends meet and is living paycheck to paycheck.
Welcome back to our series of blog posts on the history and philosophy of the economy, bankruptcy, and debt – today we continue to discuss public benefits, specifically social security and other 20th century public benefits.
An individual who files a chapter 13 or chapter 7 personal bankruptcy case is afforded a great deal...
Welcome back to our series of blog posts on the history and philosophy of the economy, bankruptcy,...
Welcome back to our series of blog posts on the history and philosophy of the economy, bankruptcy,...
We have many people who reach out to LifeBack Law Firm concerned about these type of questions. And...
Welcome back to our series of blog posts on the history and philosophy of the economy, bankruptcy,...
I have pity for humans who try to avoid the “b” word because they want to pay their debt. We all...
Suppose you live in Minneapolis, MN and you have 30k in credit card debt and 10k in medical debt.
Some people think a bankruptcy attorney is a bankruptcy attorney and they could not be more wrong....
Welcome back to our series of blog posts on the history and philosophy of the economy, bankruptcy,...
Welcome back to our series of blog posts on the history and philosophy of the economy, bankruptcy,...
When a person files a chapter 7 bankruptcy case, they must make a decision as to what they intend...
Saint Paul is one of the greatest cities in the world in which to live. I know I may be biased due...
Welcome back to our series of blog posts on the history and philosophy of the economy, bankruptcy,...
Once a creditor files a lawsuit and gets the court to enter a judgment against a person for they...
Welcome back to our series of blog posts on the history and philosophy of the economy, bankruptcy,...
