Monthly Archives:: February 2015

Twin Cities Catholics Reflect on Bankruptcy Filing

The Sunday masses that took place two days after the Archdiocese of St. Paul & Minneapolis filed for bankruptcy, many Catholics are now wondering what happens next. Among the Catholics worshipping that Sunday was a lifelong Catholic who said the bankruptcy is not going to change how she gives to the church or whether or… Read more »

What is Involuntary Bankruptcy?

Involuntary bankruptcy is an interesting scenario because it is the reverse of what consumers do. Instead, a creditor can actually use bankruptcy to protect themselves from entities and individuals. Everyone is rather aware that entities and individuals can use bankruptcy to protect themselves from creditors. It isn’t as common for a creditor to protect themselves… Read more »