
Posted by Wesley Scott on November 29
Posted by Col Ovik on November 28
The property of the bankruptcy estate cannot be removed from the bankruptcy court’s exclusive jurisdiction except by proceedings in the bankruptcy court. The bankruptcy case filing vests exclusive jurisdiction over the debtor’s property in the bankruptcy court so that it may control the administration of the case.
Posted by Amanda Scharber on November 26
If you live in Minneapolis, Minnesota and have recently filed bankruptcy or are thinking of filing, you may be wondering how bankruptcy will impact your credit.
Posted by Col Ovik on November 24
Not all annuity payments in a bankruptcy will be exempt. For the annuity payment to be exempt in a bankruptcy filing it must be the type described by Congress under exemption § 522(d)(10).
Posted by Wesley Scott on November 22
Posted by Col Ovik on November 21
Bankruptcy is designed to give an honest debtor a fresh start. The fresh start is accomplished through the discharge, but a discharge is not a right, but a privilege. While the denial of a discharge is an extreme penalty, inappropriate conduct by a debtor can justify the denial of the discharge.
Posted by Wesley Scott on November 20
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.
Posted by Col Ovik on November 19
The student loan debt crisis in America has been a growing issue for years, but recently those suffering from student loan debt received a big win. President Biden announced a forgiveness of some student loan debt for eligible borrowers. Although, for many Americans the amount of the forgiven debt will be just a drop in the bucket in relation to the overall amount of their student loan debt. But what or who can help a struggling debtor with the remaining student loan debt? Can it be discharged in a bankruptcy?
Posted by Amanda Scharber on November 18
Posted by Col Ovik on November 16
Property of the bankruptcy estate includes all legal or equitable interests of the debtor in property at the time the case is filed. Section 541(b) of the bankruptcy code provides a list of exclusions from property of the bankruptcy estate, and 11 U.S.C. § 522 provides exemptions that apply to property of the bankruptcy estate.
Posted by Wesley Scott on November 15
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.
Posted by Danielle Lin on November 14
Monthly living expenses can be high, especially rent. If you cannot keep up with rent payments, eventually your landlord could begin a formal process of removing you from your house or apartment; this is known as an eviction. A Chapter 13 bankruptcy can be helpful in stopping the eviction process. Under section 362(b)(22), a landlord may continue an eviction proceeding against a debtor to obtain possession of residential property, but only if a judgment was obtained against the debtor before the filing date.
Posted by Wesley Scott on November 13
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.
Posted by Danielle Lin on November 12
A bankruptcy discharge provides the debtor with a fresh start. It is a court order that releases a debtor from personal liability for certain types of debts that were incurred pre-bankruptcy or pre-petition. Once a bankruptcy discharge issued, the debtor is absolved of any obligation to repay their debts. The bankruptcy discharge voids personal liability on judgments and acts as a permanent injunction against any act to collect a discharged debt as a personal liability of the debtor. The bankruptcy discharge applies only to debts.
Posted by Amanda Scharber on November 11
Whether you have filed for bankruptcy already or are considering filing, you may be wondering what budget friendly recipes are out there to feed your family.
Posted by Amanda Scharber on November 9
Before filing bankruptcy in Minneapolis, Minnesota, your bankruptcy attorney will review your entire case with you. They will go through assets, debts, income and expenses, and financial transfers.
The property of the bankruptcy estate cannot be removed from the bankruptcy court’s exclusive...
If you live in Minneapolis, Minnesota and have recently filed bankruptcy or are thinking of filing,...
Not all annuity payments in a bankruptcy will be exempt. For the annuity payment to be exempt in a...
Suppose you live in Minneapolis, MN and you have 30k in credit card debt and 10k in medical debt.
Bankruptcy is designed to give an honest debtor a fresh start. The fresh start is accomplished...
Some people think a bankruptcy attorney is a bankruptcy attorney and they could not be more wrong....
The student loan debt crisis in America has been a growing issue for years, but recently those...
Filing bankruptcy in Minneapolis, Minnesota with LifeBack Law is a straight forward process. This...
Property of the bankruptcy estate includes all legal or equitable interests of the debtor in...
Welcome back to our series of blog posts on the history and philosophy of the economy, bankruptcy,...
Monthly living expenses can be high, especially rent. If you cannot keep up with rent payments,...
Welcome back to our series of blog posts on the history and philosophy of the economy, bankruptcy,...
A bankruptcy discharge provides the debtor with a fresh start. It is a court order that releases a...
Whether you have filed for bankruptcy already or are considering filing, you may be wondering what...
Before filing bankruptcy in Minneapolis, Minnesota, your bankruptcy attorney will review your...
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