Mr. Kelly is correct and I concur in his recommendation that you consult with a bankruptcy attorney who practices in the State of Minnesota. In...

"Judgment proof" is a phrase meaning that a person's income and assets, or lack thereof. makes it practically difficult for a creditor to collect...

Your business assets can almost certainly be protected. But as the previous answer noted, there can be other factors that come into play. A...

Husband laid off 5 months, no prospects

Bankruptcy relief was designed for situations just like yours. That said, there are a number of factors that may or may not make bankruptcy the...

How do I file for bankruptcy? Or what are my options?

Bankruptcy could end up helping you and your kids big time. Normally you can keep your car if you can keep up with the car payments. Call a...

You’ll want to schedule a consultation with a experienced bankruptcy attorney to sort things out. Your lower-income status and recent unemployment...

What type of counsel should I seek out?

A bankruptcy lawyer can help you figure out your options, so that would be your first step. You do not necessarily need to file for bankruptcy...

How long are judgments collectable?

Minnesota judgments are enforceable for ten years. See, Minn. Stat. Sec. 550.01. But a creditor can sue to renew the judgment as long as they do so...