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My son is going through a divorce. He will not be able to keep his home. Which is the better option Foreclosure or Short Sale?
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Answered on March 11, 2013
The answer to this depends on whether there are one or two mortgages on the property.
If there's only one mortgage on the property, most of the...
Can i spend my bank account money on a laptop before chapter 7 filing?
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Answered on March 09, 2013
You absolutely can. Unless you already have too many other assets to exempt, you should be able to protect the laptop using your bankruptcy...
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EDD (payroll?) included not contested and discharged in bankruptcy.. do i still owe?
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Answered on March 07, 2013
It sounds like the debt is for unpaid payroll taxes. If that's the case, whether the tax is dischargeable in bankruptcy depends on whether this was...
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I want to let my house go into foreclosure because I owe way more than its worth and its in a bad neighborhood in North Mils .
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Answered on March 05, 2013
In Minnesota, property taxes are wiped out in a foreclosure, and they are not assessed personally against the homeowner. So if the house is going...
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I am filing bankruptcy. I am being sued. If I settle with the firm is there any way that they can hold me to the settlement?
David's answer
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Answered on March 05, 2013
Hi, I don't see any risk that your settlement would affect your ability to file bankruptcy. The creditor is trying to get some of your money before...
Is there a statute of limitations for collecting on a second mortgage in Minnesota? I was told it was increased to 25 years.
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Answered on March 30, 2012
I generally agree with Mr. Corbin above, except for a couple of things:
1) The statute of limitations for suing for a money judgment on a...
Can a debt collector threaten to pull state nursing license due student loan default?
David's answer
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Answered on March 09, 2012
There's no way (at least none that I know of) for your student loan default to affect your nursing license. Plus it may be a violation of the Fair...
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Is this legal
David's answer
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Answered on February 16, 2011
It is a violation of the Fair Debt Collection Practices Act to use "unfair or unconscionable means" to collect a debt.
It may be a violation to...
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I recently found out I bounced several checks from 2007. How can I track these checks down and pay for them?
David's answer
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Answered on February 16, 2011
I would pull a copy of your credit report at www.annualcreditreport.com. If the checks have been assigned to debt collection agencies, the...
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I am currently getting my wages garnished and have received financial assistance after the garnishment has started.
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Answered on February 16, 2011
I agree with the other poster that your previous garnishment will not be returned, but I'd say there is a good likelihood that your future wages...
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