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What is the Median Income in Minnesota and How Does is Factor into Chapter 7 Bankruptcy?
Qualification for Chapter 7 bankruptcy is largely determined by comparing one’s household income to the median income for their state....

Lynn Wartchow
Sep 19, 20122 min read
What are the Debt Limits for Chapter 13 Bankruptcy?
Click here to see the current Chapter 13 Debt Limits effective April 1, 2016 and valid through 2019. As of the date of this post, the...

Lynn Wartchow
Aug 15, 20122 min read
What Should I Expect at the 341 Bankruptcy Meeting of Creditors?
If you have done basic research into the bankruptcy process, you will know that about one month after filing a bankruptcy petition and...

Lynn Wartchow
Aug 6, 20123 min read
Foreclosure in Minnesota: Know the Process, Timeline and How Bankruptcy Can Help
Home foreclosures in Minnesota are common and arguably are even on the rise despite an improving real estate market. In April 2012, the...

Lynn Wartchow
Jul 24, 20123 min read
What is the “Credit Counseling” Requirement to File Bankruptcy?
A credit counseling course must be completed before an individual can file bankruptcy. This course basically goes through your budget and...

Lynn Wartchow
Jun 21, 20122 min read
Common Reasons for Filing Chapter 13 Bankruptcy
For some people, the bankruptcy code and rules may dictate that you simply do not qualify for Chapter 7, in which case the alternative is...

Lynn Wartchow
Jun 7, 20122 min read
Bankruptcy and Divorce: What Should Come First?
Divorce is often a precursor to bankruptcy, for either one or both of the divorcing spouses find themselves in need of discharging debts...

Lynn Wartchow
May 9, 20123 min read
Chapter 7 vs. Chapter 13 Bankruptcy: A Primer
Most often the people that come to me for help in bankruptcy do not initially know the difference between Chapter 7 and Chapter 13...

Lynn Wartchow
Apr 30, 20123 min read
Defined: The Bankruptcy “Trustee” and the “United States Trustee”
The terms “trustee” and “United States Trustee” sound similar and often encompass similar objectives, however the role of the trustee in...

Lynn Wartchow
Apr 6, 20122 min read
Collection on the Judgment – What to Know if You Are Facing a Wage Garnishment
A frequent impetus for a Chapter 7 or Chapter 13 consumer bankruptcy filing is when a person is being actively collected on—usually in...

Lynn Wartchow
Feb 17, 20123 min read
What to Bring to the Initial Bankruptcy Consultation
Your first consultation with a bankruptcy attorney will cover a lot of ground, and the goal is for you leave with all the information...

Lynn Wartchow
Dec 21, 20112 min read
Bankruptcy is Your Constitutional Right
We all are familiar with the more renowned articles and amendments of the US Constitution, such as Article Six that establishes the...

Lynn Wartchow
Nov 4, 20112 min read
Chapter 13: Not Always a Gloomy Diagnosis in Bankruptcy
Inevitably, many people will be told they do not qualify for Chapter 7 and must do a Chapter 13 if they want to file bankruptcy. Often I...

Lynn Wartchow
Oct 11, 20113 min read
While Bankruptcy Are Filings Down, Debts Are Still Up—Get Practical Bankruptcy Advice Sooner Rather
According to the National Association of Consumer Bankruptcy Attorneys, the number of people filing for bankruptcy in 2011 has dropped as...

Lynn Wartchow
Oct 7, 20112 min read
Bankruptcy May Increase Your Options in Foreclosure
Foreclosure is a common predicament faced by many people filing bankruptcy, and is an issue that affects homeowners at every income...

Lynn Wartchow
Sep 23, 20112 min read
Popular misconception: Chapter 13 is not necessarily a 100% repayment plan
While Chapter 13 is in many ways a debt repayment program, it is not necessarily a 100% repayment plan. This is a surprisingly common...

Lynn Wartchow
Sep 21, 20112 min read
You’ve Just Been Served with a Lawsuit, Now What?
It’s common for people who have consumer debts such as credit cards and medical bills to be sued and have judgments entered against them...

Lynn Wartchow
Sep 16, 20112 min read
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