Lynn WartchowApr 30, 20123 minChapter 13Chapter 7 vs. Chapter 13 Bankruptcy: A PrimerMost often the people that come to me for help in bankruptcy do not initially know the difference between Chapter 7 and Chapter 13...
Lynn WartchowApr 16, 20122 minChapter 11 ReorganizationThe Role of the “Trustee” in Chapter 11Unlike under other Chapters of the Bankruptcy Code, Chapter 11 is unique in that there is no initial appointment of a trustee. In...
Lynn WartchowApr 10, 20122 minForeclosureWhen Will I Owe a “Deficiency” after Foreclosure in Minnesota? It Depends.Under some circumstances after foreclosure, a deficiency may still be owed on a foreclosed property. A deficiency or “deficiency...
Lynn WartchowApr 6, 20122 minChapter 11 ReorganizationDefined: 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...