I am several thousand dollars in debt and each month am behind about $1000 in necessity expenses so there is no way for me to pay it back. I am newly divorced and the debt was not split between the two of us because I acquired it on my own before ...
You get the bankruptcy forms on the bankruptcy court's website. Type "Minnesota Bankruptcy Court" into Google and you will find the bankruptcy court's website. However, it is hard to file bankruptcy without a lawyer. It is a bad idea. It will cost you around $2,000.00 to hire a lawyer. Some including me will allow you to make payments. That is the way to go. Good luck.See question
I have a 2nd mortgage after foreclosure about 34000. I have not heard a word from them. It is coming up on the 6 years of statute of limitations where they can't sue me. It still shows on my credit report as collection charge off. Should I contac...
Instead of worrying about what they might do, take the initiative to address your real concern: your credit report. Type "fair credit reporting act" into google and read several websites explaining how to use it from beginning to end. Keep in mind that in Minnesota, after a foreclosure by advertisement, that mortgage debt disappears. Did they foreclose on you? It is rare for a second mortgage to foreclose.See question
my husbands health has gotten worse and worse so that we had to modify our home and so on and just not enough money so used charge cards and now we just cant pay it all bacik
The law you cannot receive a discharge in a chapter 7 case filed within eight years of the date a prior chapter 7 case was filed. This means you should wait until it has been eight years and one day since the date the prior case was filed -- that is, in one month. If you are having an absolute emergency, you can still file chapter 13 right now.See question
The case was opened in December 2012 and discharged in March 2013 and I was not notified of my options or consequences of filing a reaffirmation agreement on my mortgage. I'm trying to re-finance my current mortgage, which I am current with and ha...
Reaffirming on a home mortgage is not allowed by the judges in the federal court district of Minnesota. Because of this, you need to do your refi through a different lender than your current lender. By the way, your current lender is lying to you by giving you this disinformation.See question
I was divorced in 2010 my ex was awarded the house at that time. I am still listed first on mortgage because her credit dosnt qualify for refinancing. In 2014 she did a mortification in witch the maturity date was extended and interest rate lowere...
You're right, they can't hold you to the new terms, which you did not agree to. However, does it matter? If you think it does, the family court has jurisdiction over any disputes arising between you and your ex-wife.See question
February 2013 we filed chapter 7 bankruptcy. We just learned about 10 months ago that we did not sign a re-affirmation letter when we filed. Unfortunately we didn't even know to ask. Is this going to stop us from being able to refinance with in...
No, and no. If you hear otherwise when you try a refi, be sure to ask another lender. This is a common question, inspired by mortgage lender propaganda.See question
My husband and I purchased a home that was foreclosed on in 1991, and was in his name only. In 1997 we both signed the mortgage on a duplex. Now that he's passed, I cannot sell the property until liens from the foreclosed home are paid.
If he lived in the duplex continuously until his death, then the liens never attached to the duplex because it was his homestead. Minnesota statutes section 510.01 says that a judgment lien does not attach to the homestead. A court can issue a ruling to this effect.See question
There'a a pretty significant amount of restitution due. This person wants to pay off the restitution on a credit card or loan & then file bankruptcy just on the loan/CC. Is this possible to do under any of the chapters of bankruptcy?
You cannot do this the way you are proposing, but it is possible to engineer the result you want if you are patient and careful.See question
Filing bankruptcy and they are asking
Find out by getting a free credit report at www.annualcreditreport.com.See question
My husband and I had a business that went bankrupt, along with ourselves back in 2004. We lost everything and should have let the house go with it, but because we had young kids, we did not want to relocate with everything going on so we held ont...
I have good news for you. Minnesota Statutes section 548.181 provides that upon payment of a $5.00 judgment removal fee, and after serving the required papers on the judgment creditor, the judgment must be removed. This process is for a case where the creditor was listed in the bankruptcy.See question