Minnesota Bankruptcy: Bankruptcy or Wage Garnishment?

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 [...]

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Minnesota Bankruptcy: Bankrupcy is a Better Alternative than Ignoring Creditors

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 [...]

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Minnesota Bankruptcy: The Creditors’ Collection Efforts and the Alternatives to Bankruptcy

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 [...]

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Minnesota Bankruptcy: Stopping Collection and Harassment by Collection Agencies

When debts are owed and unpaid, creditors begin to explore remedies for collection.  Creditors may hire collection agencies, which often harass people until they pay. It may be helpful to inform a creditor if you are thinking about bankruptcy.  If your debt to the creditor can be negotiated and you no longer have to file [...]

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Guest Post: 6 Smart Tips to Eliminate Your Financial Woes

The world economy is still struggling to recover from the shattering effect of the recent financial depression. Unemployment rates and the dragon of inflation are still widely out of control. Quite naturally, millions of people are struggling to survive in this economically turbulent weather. Under the circumstance it is rather too easy for people to [...]

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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 by the court. A creditor may obtain a judgment that says [...]

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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 that civil cases are handled in the district court. There may be [...]

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Minnesota Bankruptcy Process: From Petition to Objections

The procedural aspects of the bankruptcy process are governed by the Federal Rules of Bankruptcy Procedure (often called the “Bankruptcy Rules”) and local rules of each bankruptcy court. The Bankruptcy Rules contain a set of official forms for use in bankruptcy cases. The Bankruptcy Code and Bankruptcy Rules (and local rules) set forth the formal [...]

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Minnesota Bankruptcy: Protections for Members of the Military

The Servicemembers’ Civil Relief Act (“SCRA”) is found at 50 U.S.C. app. §§ 501 et seq. The purpose of the SCRA is strengthen and expedite national defense by giving servicemembers certain protections in civil actions. Purpose of the SCRA By providing for the temporary suspension of judicial and administrative proceedings and transactions that may adversely [...]

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