Your Money and You
New Minnesota Bankruptcy Court Ruling Protects Property Tax Refunds
In a case in which Andresen Law Offices represented the debtor, the Minnesota bankruptcy court issued a published decision barring chapter 7 trustees from taking property tax refunds. This ruling by Judge Ridgeway, In re Johnson, No. 13-41370 (Bky. D. Minn. Sept. 11, 2013), held that Minnesota property tax refunds are “government assistance based upon…
Read MoreA Legal Myth Busted — Spouses Are Not Responsible For Each Others’ Debts
There are plenty of legal myths that have made their way into the popular consciousness, but few have had the staying power of the myth that spouses are legally responsible for each other’s debts. As a matter of logic or chivalry, this myth does have a certain appeal, but the fact remains that in every one of the United States, spouses…
Read MoreThree Years After a Mortgage Foreclosure, You’re Eligible for a New Mortgage, FHA Says
The federal mortgage guaranty agency’s regulations say that three years after a mortgage foreclosure, you’re once again eligible for a home mortgage without regard to the prior foreclosure. Although you may think this is too good to be true, it’s true anyways, as FHA and HUD regulations show. You might think you heard that you…
Read MoreFiling Bankruptcy Can Help Improve Your Credit Score
Okay, right now you’re probably wondering if the headline of this article is a joke, and why your valuable time should be spent reading an article on bankruptcy that isn’t serious. Except the headline is not a joke, and I am being serious. Banks don’t think like you and I do, and eliminating debts through bankruptcy can…
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