When filing either chapter 7 or chapter 13 bankruptcy, each individual debtor is allowed to exempt a limited amount of equity in real...

Divorcing couples can file a joint bankruptcy proceeding so long as they are still married on the date the bankruptcy petition is filed...

Median income is a critical measure in bankruptcy upon which the ‘Means Test’ calculation is largely based to determine whether a debtor...

When facing mounting debts that cannot be repaid according to the regular monthly terms, one should consider all options for debt...

More on Divorce and Bankruptcy: How do Child Support, Spousal Support (Alimony / Maintenance) and Property Settlements Impact either...

When filing either chapter 7 or chapter 13 bankruptcy, each individual debtor is allowed to exempt a limited amount of equity in real...

From the moment that a bankruptcy petition is filed, the “automatic stay” is invoked and this automatic stay of legal proceedings affords...

The Meeting of Creditors is typically the only mandatory appearance most debtors will have to make in their bankruptcy proceeding. While...

In a 5-to-4 decision in United States v. Windsor, the U.S. Supreme Court ruled today that married same-sex couples are now entitled to...

Conversion to Chapter 13 from Chapter 7 isn’t a death sentence for your bankruptcy case (see Chapter 13: Not Always a Gloomy Diagnosis in...

The answer to this depends on whether you have filed Chapter 7 or Chapter 13 bankruptcy. (Chapter 11 individual debtors also are required...

Most people who file for bankruptcy are able to protect most if not all of their assets, including cash bank accounts, household goods...

The prevalence of condo and townhome development in the mid-2000s throughout Minneapolis and the suburbs was hit especially hard by the...

Qualification for Chapter 7 bankruptcy is largely determined by comparing one’s household income to the median income for their state....

If you have done basic research into the bankruptcy process, you will know that about one month after filing a bankruptcy petition and...

Home foreclosures in Minnesota are common and arguably are even on the rise despite an improving real estate market. In April 2012, the...

The “Means Test” was one of the major and most controversial additions to consumer bankruptcy law that occurred as part of the 2005...

A credit counseling course must be completed before an individual can file bankruptcy. This course basically goes through your budget and...

Divorce is often a precursor to bankruptcy, for either one or both of the divorcing spouses find themselves in need of discharging debts...

Most often the people that come to me for help in bankruptcy do not initially know the difference between Chapter 7 and Chapter 13...