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Lynn Wartchow
Jul 17, 20143 min read
More on Divorce and Bankruptcy...
More on Divorce and Bankruptcy: How do Child Support, Spousal Support (Alimony / Maintenance) and Property Settlements Impact either...
Lynn Wartchow
May 20, 20142 min read
Converting from Chapter 13 to Chapter 7: What’s Involved and Why Would You Convert?
Life inevitably changes and things happen that may cause a chapter 13 debtor to no longer need or afford their original chapter 13 plan....
Lynn Wartchow
Jan 9, 20143 min read
Typical Questions Asked at the Chapter 7 Meeting of Creditors
The Meeting of Creditors is typically the only mandatory appearance most debtors will have to make in their bankruptcy proceeding. While...
Lynn Wartchow
Jun 25, 20132 min read
Converting from Chapter 7 to Chapter 13: What’s Involved and Why Would You Convert?
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...
Lynn Wartchow
Feb 15, 20133 min read
What Happens after the 341 Meeting of Creditors is Over?
The answer to this depends on whether you have filed Chapter 7 or Chapter 13 bankruptcy. (Chapter 11 individual debtors also are required...
Lynn Wartchow
Jan 16, 20133 min read
Chapter 11 Bankruptcy: Can it Stop Eviction under a Commercial Lease?
(For other detailed discussions on chapter 11 procedure, common issues and more, be sure to read Wartchow Law’s Chapter 11 Blog.) As for...
Lynn Wartchow
Jan 2, 20132 min read
How Are Non-Dischargeable Debts Treated in a Chapter 13 Bankruptcy?
Non-dischargeable debts are those few categories of personal liabilities which can never be discharged in either form of Chapter 7 or...
Lynn Wartchow
Dec 12, 20122 min read
Will My Assets Be Protected in Bankruptcy? What Are the Bankruptcy Exemptions?
Most people who file for bankruptcy are able to protect most if not all of their assets, including cash bank accounts, household goods...
Lynn Wartchow
Nov 30, 20123 min read
Homeowners Associations and Bankruptcy: How Does Bankruptcy Affect My Condo or Townhome and My Assoc
The prevalence of condo and townhome development in the mid-2000s throughout Minneapolis and the suburbs was hit especially hard by the...
Lynn Wartchow
Nov 15, 20123 min read
Managing the Business During Chapter 11: Reporting and Other Requirements
When a business files Chapter 11, it becomes a “debtor-in-possession” of its own affairs as a fiduciary to the bankruptcy estate. What...
Lynn Wartchow
Oct 31, 20122 min read
Bankruptcy and Divorce: Some Payments in a Divorce Decree May be Dischargeable in Chapter 13
The rule of thumb is that bankruptcy will discharge most unsecured debts that are not taxes or domestic support obligations (which are...
Lynn Wartchow
Sep 19, 20122 min read
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 4, 20122 min read
What is Individual Chapter 11 Bankruptcy and Why Would I File an Individual Chapter 11?
The vast majority of individuals who file bankruptcy chose to do so under either Chapter 7 or Chapter 13, which are the most common forms...
Lynn Wartchow
Aug 15, 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
Jul 24, 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 10, 20122 min read
What is the “Means Test” and Why Does it Matter in Bankruptcy?
The “Means Test” was one of the major and most controversial additions to consumer bankruptcy law that occurred as part of the 2005...
Lynn Wartchow
Jun 21, 20122 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
Apr 6, 20122 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
Feb 17, 20123 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
Dec 21, 20112 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...
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