As we traverse these unprecedented times, we may face a reduction in cash flow and increased debt, eventually leading to insurmountable financial hardship. The only option to receive some monetary relief would be to declare bankruptcy. Although, due to the cash crunch, you may decide to save on lawyer’s fees and file the petition yourself, which is technically possible.
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Why You Shouldn’t DIY Filing Your Own Bankruptcy
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Busted! Don’t Believe These Bankruptcy Myths!
If you cannot afford to pay back creditors, it might be wise to declare bankruptcy sooner rather than later, as it will offer debt relief and peace of mind. However, many misconceptions mislead clients into believing that filing for bankruptcy is not a good idea.
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Owner Spotlight: Sam Calvert
As a bankruptcy attorney and lawyer in St. Cloud, Minnesota, I look forward to sharing my story. I hope that you will enjoy getting to know me better.
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The Eighth Circuit Court of Appeals issued an opinion on February 5, 2021 that should be of concern to anyone who has put into place a transfer on death deed
The name of the case is "Strope-Robinson v. State Farm Fire & Cas. Co." and is case number 20-1147.
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Today, the Federal Housing Finance Agency (FHFA) announced that Fannie Mae and Freddie Mac (the Enterprises) will extend the moratoriums on single-family foreclosures and real estate owned (REO) evictions until February 28, 2021
Washington, D.C. – Today, the Federal Housing Finance Agency (FHFA) announced that Fannie Mae and Freddie Mac (the Enterprises) will extend the moratoriums on single-family foreclosures and real estate owned (REO) evictions until February 28, 2021. The foreclosure moratorium applies to Enterprise-backed, single-family mortgages only. The REO eviction moratorium applies to properties that have been acquired by an Enterprise through foreclosure or deed-in-lieu of foreclosure transactions. The current moratoriums were set to expire on January 31, 2021.
