#WinWednesday: New Bankruptcy Protections for Minnesota Homeowners
Walker & Walker | Life Is Better Without Debt | Bankruptcy Truth Blog
by Walker & Walker Law Offices
2w ago
Exciting news for Minnesota homeowners considering bankruptcy! Thanks to the dedicated efforts of Walker & Walker and other local law firms, Minnesota has updated its bankruptcy laws to offer better protection for your property. Previously, the state’s bankruptcy protections were outdated, leaving many essential items at risk. But starting August 1st, 2024, the new law brings these protections into the 21st century. This landmark update is designed to reflect the modern financial landscape, ensuring that individuals and families can retain critical assets while navigating bankruptcy. Here ..read more
Visit website
#WinWednesday: How Walker & Walker Saved a Widow’s Home and Reduced Her Chapter 13 Bankruptcy Payment
Walker & Walker | Life Is Better Without Debt | Bankruptcy Truth Blog
by Walker & Walker Law Offices
3w ago
Homeownership can be threatened by unexpected financial issues, but overcoming these challenges is possible. This #WinWednesday, we highlight a success story that demonstrates our dedication to helping people secure their homes. Last Sunday, we assisted a widow who was about to lose her home in a sheriff’s sale. Timing was crucial—Sunday was the only day we could file her Chapter 13 bankruptcy to stop the sale. By acting quickly, we were able to halt the sale and provide her with a crucial lifeline. The importance of timing was twofold. Filing on Sunday didn’t just stop the sheriff’s sale; it ..read more
Visit website
Fast-track to Homeownership: How Bankruptcy Beats FHA Mortgage Challenges
Walker & Walker | Life Is Better Without Debt | Bankruptcy Truth Blog
by Walker & Walker Law Offices
3w ago
In a world where financial barriers like outstanding judgments block the path to owning a home, bankruptcy emerges as a swift and effective solution. Issues such as FHA mortgage denials due to unresolved judgments, which can impact financial prospects for up to 20 years, make bankruptcy an appealing alternative for aspiring homeowners. Outstanding judgments create significant roadblocks for those striving to secure an FHA mortgage. With a lifespan of up to 20 years, these judgments cast long shadows over the dreams of potential homeowners, making the journey to homeownership seem daunting. How ..read more
Visit website
#WinWednesday: A Victory for Financial Justice!
Walker & Walker | Life Is Better Without Debt | Bankruptcy Truth Blog
by Walker & Walker Law Offices
1M ago
Today marked a significant triumph for one of our valued clients as Judge Tanabe extended a compassionate gesture that will alleviate financial burdens and pave the way for a brighter future. In a heartwarming display of empathy and understanding, Judge Tanabe reviewed our client’s budget and determined that she qualified to have the Chapter 7 filing fee waived. This act of generosity not only underscores the commitment of the judiciary to uphold fairness and justice but also highlights the profound impact of legal advocacy in transforming lives. Andrew Walker, with unwavering dedication, swif ..read more
Visit website
Minnesota Pastors, Union Leaders, and Walker & Walker Advocate for ‘Fairer’ Debt Legislation
Walker & Walker | Life Is Better Without Debt | Bankruptcy Truth Blog
by Walker & Walker Law Offices
1M ago
In the ongoing battle against the oppressive weight of medical debt, a coalition of voices emerges from the heart of Minnesota’s legislative arena, advocating for meaningful change. Among the chorus of advocates stands Walker & Walker, a beacon of expertise in debt relief, lending their support to the cause of fairness and equity in financial management. As the Minnesota House prepares to deliberate on groundbreaking legislation aimed at alleviating the burden of medical expenses, the partnership between religious leaders, union representatives, and Walker & Walker underscores the urge ..read more
Visit website
How Chapter 7 Bankruptcy Reduced Car Payments and Debt
Walker & Walker | Life Is Better Without Debt | Bankruptcy Truth Blog
by Walker & Walker Law Offices
2M ago
In a tale of triumph, Walker & Walker recently led a client to a significant financial breakthrough, showcasing the power of Chapter 7 bankruptcy. With expert guidance, Walker & Walker not only slashed the client’s car payment by an impressive $80 per month but also reduced the loan balance from $39,000 to $21,000. Moreover, this victory led to the early payoff of the loan, freeing the client from debt well ahead of schedule. How did Walker & Walker achieve this remarkable result? Through a strategic legal maneuver called a motion to redeem the vehicle. This innovative approach all ..read more
Visit website
Navigating Financial Challenges: Walker and Walker’s Leading Role in Minnesota’s Increasing Bankruptcy Cases and Student Loan Relief
Walker & Walker | Life Is Better Without Debt | Bankruptcy Truth Blog
by Walker & Walker Law Offices
2M ago
During challenging financial periods, Walker and Walker serves as a reliable source of assistance, offering crucial support to individuals such as Jenny George as they navigate the complexities of debt management. A recent report by KSTP has brought to light the significant financial struggles encountered by many in Minnesota, with student loans and credit card debt emerging as primary concerns. Jenny George’s story, spotlighted in the report, underscores the pressing need for effective solutions to alleviate financial burdens, especially in light of the uptick in bankruptcy filings across the ..read more
Visit website
Can Bankruptcy Stop Wage Garnishment?
Walker & Walker | Life Is Better Without Debt | Bankruptcy Truth Blog
by Walker & Walker Law Offices
3M ago
Struggling with wage garnishment presents a significant challenge for many hardworking individuals across various industries. This legal process, which involves employers withholding a portion of an employee’s wages to pay off a debt, affects approximately one percent of private-sector workers. What Is Garnishment? In Minnesota, if a creditor obtains a judgment against you, they have the right to request your employer to withhold a portion of your wages each pay period and send it directly to them. This process, known as garnishment, legally obligates your employer to comply with the creditor ..read more
Visit website
Victory for Walker & Walker Law: Stopping an Auction & Retrieving a Repossessed Car with Expert Legal Assistance
Walker & Walker | Life Is Better Without Debt | Bankruptcy Truth Blog
by Walker & Walker Law Offices
3M ago
Imagine the sinking feeling of having your car repossessed, only to learn that it’s scheduled for auction. That’s exactly what our client faced. With the auction date set for 03/07, time was of the essence. But our client didn’t lose hope, and neither did we. On 03/01, we sprang into action. With determination and a clear strategy in mind, we filed the necessary paperwork to halt the auction and reclaim our client’s car. Every moment counted, and we left no stone unturned in our pursuit of justice. As the days passed, the countdown to the auction continued. Our team worked tirelessly, navigati ..read more
Visit website
Student Loan Discharge in Bankruptcy: A New Hope for Minnesotans
Walker & Walker | Life Is Better Without Debt | Bankruptcy Truth Blog
by Walker & Walker Law Offices
5M ago
Have you heard that getting rid of student loans through bankruptcy was almost impossible? Well, things are changing, especially for many folks in Minnesota. There’s a chance now that you might be able to get your student loans discharged. How can you prove that you qualify? There are two things to show: You haven’t ignored your loans in the past. You can prove this by signing up for income-based repayment, even if you don’t have to pay anything monthly. It’s a thing where you send your tax returns to the loan company every year. Or, if you’ve made some payments on your loans before. Your fi ..read more
Visit website

Follow Walker & Walker | Life Is Better Without Debt | Bankruptcy Truth Blog on FeedSpot

Continue with Google
Continue with Apple
OR