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 »
Passionate about fighting for consumers & protecting parents
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 »
Taste of Minnesota won’t Return to St. Paul – Former Owner Filed Bankruptcy
A Taste of Minnesota will be back this summer, but not in St. Paul. Instead, it is going west about 40 miles and it is expected that people from Minneapolis and St. Paul will follow. The food, music, and fireworks festival is scheduled to happen July 2 to 5 at Waconia’s Carver County Fairgrounds. It… Read more »
Minnesota Wind Farm Owners File for Bankruptcy
Wind farms had popped up in various places around Minnesota. Power created by wind is something that many tried to capitalize on within the state. However, it turned out to be an economic lower for approximately 360 landowners and farmers. These individuals had invested in two rather modest wind farms more than ten years ago… Read more »
Nonprofit Hospitals that Sue their Patients
Is it against the law? Is there something in the FDCPA that addresses it? What happens when a nonprofit hospital sues their patients due to their inability to pay their medical expenses? This is something that is happening in Minnesota and everywhere. Nonprofit hospitals do not operate for profit, therefore they take every dime seriously…. Read more »
Understanding the Minnesota Bankruptcy Homestead Exemption
When filing bankruptcy, the homestead exemption is very important because it protects the equity in the home. Under Minnesota Law, the homestead exemption allows a homeowner to exempt up to $390,000 of the equity within their home or other property that is defined under the homestead exemption system. The total amount of the property exemption… Read more »
Twin Cities Housing Data Indicates Fewer Foreclosures
Twin Cities home sales are on the rise away from foreclosures, according to housing data from September. The data showed that inventory rose in the 13-county market, resulting in it becoming more balanced between the sellers and the buyers. With fewer distressed properties and more inventory on the market, the median sales price increased 5.1… Read more »
Debt Collection Victims in Minnesota May not See Settlement
If you received a call from Pinnacle Payment Services telling you that you had to pay up or you were going to jail or going to be sued, then you may not be seeing any money from them without a fight. They were given a $9,384,628 judgment that had to be suspended for most of… Read more »
Foreclosure Crisis in Minnesota Nearing End
It has taken eight years, but the foreclosure crisis in Minnesota is nearing an end. With home prices on the rise and the economy on the mend, the numbers are looking better. However, there are still individuals throughout the Twin Cities and Minnesota who are still struggling. But here are the numbers: The number of… Read more »
Minnesotans being Harassed by Debt Collectors for Debts not Their Own
Minnesotans are being harassed by debt collectors over debts that don’t belong to them. In 2012, there were over 30 million in the U.S. harassed over alleged debt. Unfortunately, the regulatory system has fallen behind technology and now that has resulted in these individuals not being adequately protected against being harassed for debt they don’t… Read more »