Monthly Archives:: December 2012

Many In Minnesota Still Facing Bankruptcy

Despite some economic improvement, bankruptcy is still an option that many in Minnesota are seeking out. In 2010, bankruptcy had reached an all-time high with 22,000 claims filed. While the last 18 months has seen a slight decrease, the rate is still rather high. Many individuals are seeking to file Chapter 7 bankruptcy, as it… Read more »

Back Taxes Force Tax Collector and Husband into Bankruptcy

When debt becomes too much, whether that debt is taxes or credit cards, the solution can lie in filing bankruptcy. An embattled tax collector for St. Louis County, Stacy Bailey, has not paid her own personal property taxes since 2008 and this has forced her to file bankruptcy. She also resigned her position with the… Read more »