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What does Minnesota Law Say about Wage Garnishment?

Wage garnishment is a scary thing because it means that a creditor can have issued an order that says a certain percentage of your wages can be withheld by the creditor in order to pay off a debt. Up to 25% of your wages can be withheld to pay off a debt and, in some… Read more »

Debt Collection Report Captures Minneapolis Horror Stories

The Center for Responsible Lending has issued a new report that has revealed what many consumers have been saying for many years and that is that debt collectors frequently use abusive behaviors in order to secure payment for a debt. From harsh language and lying about the debt to forging documents, state and federal regulators… Read more »

Minneapolis Banks Praise SCOTUS Ruling Citing Easier Estate Planning

Although same-sex marriage has been legal in Minnesota, banks that serve more than just Minnesota are praising the SCOTUS ruling that banning same-sex marriage was unconstitutional. Previously, it would be difficult for same-sex couples to deal with estate planning matters and that made it difficult on banks and other financial institutions when it came to… Read more »

How Easy (or hard) is it to Eliminate Tax Debt in Bankruptcy?

Bankruptcy is a way to eliminate debts so you can have a fresh start financially, but there are some debts that can’t be discharged and that’s what makes bankruptcy not as simple as it sounds. When it comes to taxes, most tax debt can’t be wiped out in bankruptcy. If you file Chapter 7 bankruptcy… Read more »