Monthly Archives:: August 2015

Creditor Harassment in Minnesota: What You Need to Know

There are laws that protect individuals from creditor harassment. There are state laws and the Fair Debt Collection Practices Act (FDCPA) that says creditors can’t do certain things to consumers, such as threaten them. Here are some things that you need to know when it comes to creditors collecting a debt: Collections agencies may contact… Read more »

Canadian Tech Company that Moved to Minnetonka Files Chapter 11

A medical tech company that moved from Canada to Minnetonka in 2014 has now filed for Chapter 11 bankruptcy. The company plans to sell its operations to another company after the bankruptcy auction. Pending court approval, the deal is expected to close by the end of the summer. The purchaser has offered to pay nearly… Read more »

How Hard is it to have a Student Loan Discharged in Bankruptcy?

Having a student loan discharged in bankruptcy is not easy for the fact that they receive the same classification as child support and taxes, which means they are not dischargeable. This is something that can be highly problematic for people having difficulty paying off their student loan debt. It is true that there are individuals… Read more »