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Over 150 Jobs to be Lost in Creative Memories Bankruptcy

Creative Memories, a St. Cloud-based scrapbooking company, has filed for Chapter 11 bankruptcy, according to a letter filed with the Minnesota Department of Employment and Economic Development. Now the company has plans to lay off most of its staff at its St. Cloud headquarters. The layoffs are to total 163. So far, the company has… Read more »

Court Rules that Requirements Must be Met before Foreclosure Begins

The court has ruled that Minnesota Statute 580.02 must be strictly complied with in order for the foreclosure process can be executed by the mortgagee. This was a ruling by the Minnesota Supreme court in the case of Ruiz v. 1st Fidelity Loan Servicing. The ruling states that all assignments of a mortgage must be… Read more »