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Blog By Sam Calvert. Attorney At Law
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Season’s Greetings from Sam Calvert, Attorney at Law
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Judge Michael Ridgway recently issued an opinion that summarizes how to "avoid" judgment liens in bankruptcy. The case is In re Mus, case number 17-42895.
A little background: Most real estate in Greater Minnesota is "abstract property". In Hennepin and Ramsey much of the land is "Registered property", a/k/a "Torrens property". For this post I will ignore Torrens property. When a judgment is entered and docketed in District Court, the judgment becomes a lien on all abstract property in that county. The lien does not "attach" to property which is homestead property under state law; however, there is no way to determine if a piece of land is homestead or non-homestead. So, practically, a judgment is an apparent lien on any real estate you may…
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Announcing the new website
We are delighted to announce the launch of our new website!
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New Website Under Construction
New Website Coming Soon!
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Paying your kids college tuition may be a problem
Now we have a new reason to be concerned about parents helping their adult children when the parents have to file bankruptcy later. In a recent case in Connecticut, a bankruptcy trustee sued a college to get back about $21,000.00 the college had been paid by the parents of a student.
