Bankruptcy

<h2>Minnesota Bankruptcy Case: If Omissions are Not Material or Not The Result of Fraudulent Intent, Debtor Will Get a Discharge</h2> The following is a summary of a <a href=”http://minnesotabankruptcyattorney.com/category/minnesota-bankruptcy-cases/”>Minnesota bankruptcy case</a> or a case relevant to Minnesota bankruptcy law. <h2>Minnesota Bankruptcy Case:</h2> <em>Bernhardt v. Radloff (In re Radloff)</em>, 418 B.R. 316 (Bankr. D. Minn. 10/8/09)…

Minnesota Bankruptcy Case: If Omissions are Not Material or Not The Result of Fraudulent Intent, Debtor Will Get a Discharge The following is a summary of a Minnesota bankruptcy case or a case relevant to Minnesota bankruptcy law. Minnesota Bankruptcy Case: Bernhardt v. Radloff (In re Radloff), 418 B.R. 316 (Bankr. D. Minn. 10/8/09) (Kishel,…

The following is a summary of a Minnesota bankruptcy case or a case relevant to Minnesota bankruptcy law. Minnesota Bankruptcy Case: Tri-State Ins. Co. of Minn. v. Stewart (In re Stewart), ADV 09-3092 (Bankr. D. Minn. 1/15/10) (O’Brien, J.). Case Summary: Embezzlement Established by Collateral Estoppel Stewart was the former owner and operator of a…

The purpose of bankruptcy proceedings, the reason a person seeks bankruptcy, is to gain relief from bills the person is unable to pay. Under the Bankruptcy Code, a person may gain a discharge through bankruptcy. This means the bankruptcy court determines that the person no longer has to repay that debt – ever. Another potential…

If you owe a debt you have failed to pay, despite a court order to do so, and you have money held at a financial institution, your creditor may garnish your bank account. If you can pay your debt, you should. If you cannot pay your debt, do not hide from it. Consider bankruptcy. Talk…

Sometimes when someone owes a debt he or she can’t pay, the person will consider avoiding the creditors completely. First creditors make phone calls, then threats of legal action. Sometimes debtors have assets or income even though they are unable to repay a debt. Sometimes the debtor’s income is consumed by payments for necessities – for…

When a person owes a debt and can’t pay it, they often feel there is little they can do. First creditors begin calling the debtor, asking the debtor to pay up. Next, creditors begin threatening the debtor that the creditors will hire a collection agency or take legal action against the debtor if the debtor…

In order for a creditor to collect a debt that the debtor hasn’t paid, a creditor will begin legal action against the debtor. If you are the debtor, this can make the relentless phone calls and non-stop badgering from creditors seem minor. You should contact an attorney. An attorney can help you determine whether bankruptcy…

Minnesota Bankruptcy: The First Debt Collection Efforts of Creditors Before Bankruptcy The first steps a creditor may take in trying to collect debt from you, if you haven’t already filed for bankruptcy and had the debt discharged, is to obtain a judgment against you. Creditor Steps in Taking Legal Action A judgment is an order…

Minnesota Bankruptcy Litigation: The Main Bankruptcy Courts and the Bankruptcy Appeals Courts Each of the 94 federal judicial districts handles bankruptcy matters, and in almost all districts, bankruptcy cases are filed in the bankruptcy court. Bankruptcy cases cannot be filed in state court. Litigation in the bankruptcy court is conducted in much the same way…

Are you struggling with overwhelming debt due to unexpected expenses, job loss, or other financial setbacks? Are your creditors harassing you with collection calls, lawsuits, or wage garnishment? Are you considering filing for bankruptcy but feel intimidated by the legal jargon, the complex procedures, and the uncertain outcomes? Don’t worry, you are not alone, and…

The brave men and women serving in our military put their lives on the line to defend our country. However, their service can take a significant toll on their personal and financial lives. That’s where the Servicemembers Civil Relief Act (SCRA) comes into play. In this article, we’ll explore the essential protections provided by the…

Minnesota Bankruptcy Case: Statute Requires Debtors Living Apart to Combine Incomes for Chapter 13 Plan The following is a summary of a Minnesota bankruptcy case or a case relevant to Minnesota bankruptcy law. Minnesota Bankruptcy Case: Harman v Fink (In re Harman), 2010 WL 3447772 (B.A.P. 8th Cir. (Mo.) 9/3/10) (Kressel, C.J.) Case Summary: Statute…

Bankruptcy can be a daunting process to navigate, with many different filing options and potential outcomes. It’s important to understand which debts can be discharged and which cannot, as well as the different types of bankruptcy filings available. In this blog post, we’ll explore the ins and outs of bankruptcy and provide a helpful guide…

Minnesota Bankruptcy Case: Trustee’s Attempt to Modify Plan to Increase Commitment Period from 30 to 60 Months Rebuffed The following is a summary of a Minnesota bankruptcy case or a case relevant to Minnesota bankruptcy law. Minnesota Bankruptcy Case: In re Bailey, 425 B.R. 825 (Bankr. D. Minn. 3/10/10) (O’Brien, J.). Case Summary: Trustee’s Attempt…

Minnesota Bankruptcy Case: Home Loan Not Signed by Debtor is Consumer Debt and Case Dismissed as Substantial Abuse The following is a summary of a Minnesota bankruptcy case or a case relevant to Minnesota bankruptcy law. Minnesota Bankruptcy Case: Lapke v. Mutual of Omaha Bank (In re Lapke), 428 B.R. 839 (B.A.P. 8th Cir. (Neb.)…

Minnesota Bankruptcy Case: Whether to Close Individual Chapter 11 Case Before Discharge is Within Court’s Discretion The following is a summary of a Minnesota bankruptcy case or a case relevant to Minnesota bankruptcy law. Minnesota Bankruptcy Case: Shotkoski v. Fokkena (In re Shotkoski), 420 B.R. 479 (B.A.P. 8th Cir. (S.D.) 11/24/09) (Saladino, J.). Case Summary:…

It’s not uncommon for business owners to encounter unforeseeable problems. Owning a business is a risk. Business owners considering bankruptcy often find themselves dealing with the psychological factors, considering alternatives, and trying to understand the process. This article summarizes these areas. The Psychological Toll Often the thought of filing bankruptcy triggers anxiety, stress, and sometimes…

Often times, people who begin getting behind on their bills do not believe they will have to file for bankruptcy. They make every effort to pull themselves out of debt and get on top of their bills. At first, it may seem feasible. Eventually, the amounts owed may pile up faster than they can be…