Best Free Labor Day Events In Minnesota
Start planning your holiday now, as Labor Day is coming up on Sept. 7,
2015. Here are five free parades, picnics, concerts and festivals
occurring in Minnesota over the long weekend.
Tuesday, August 25, 2015
Tuesday, August 18, 2015
Student Loans in Bankruptcy
In order to eliminate student loans in bankruptcy, it is
necessary to sue the lender and prove that it would be an "undue
hardship" to be required to repay the loan. The courts have interpreted this requirement
stringently, making it difficult for most borrowers to eliminate their student
loans in bankruptcy.
In March 2015,
President Obama directed the US Department of Education and other federal
agencies to develop clear standards as to when a person would be considered to
have an undue hardship. This would be
beneficial, because people who met such standards could file their lawsuit and
not have to worry that it would be opposed.
This would significantly decrease the cost of bringing a lawsuit to
prove undue hardship and many deserving people could then eliminate their debts
through bankruptcy. Unfortunately, the
US Department of Education forgot who they are working for and instead gave the
green light to student loan lenders to aggressively fight student loan hardship
discharges. I urge everyone to let their
Congressmen and Senators know how they feel about this.
Wednesday, August 12, 2015
LET'S EAT! Minnesota State Fair, Aug 27th - Sept 7th
Minnesota State Fair heats up with 50 new foods for 2015
August 27th - September 7th, 2015
The Great Minnesota Get-Together is about to get a lot spicier, thanks to the advent of more than 50 new foods.
August 27th - September 7th, 2015
The Great Minnesota Get-Together is about to get a lot spicier, thanks to the advent of more than 50 new foods.
Tuesday, August 4, 2015
HELP! I'VE BEEN SUED!
When credit cards, bank loans, medical bills and other debts
become seriously delinquent, the creditors usually send them to a collection
agency first. If the collection agency
can't collect the debt, then it may go to a collections lawyer who will sue to
collect the debt. You will know that you
have been sued in Minnesota when you receive a Summons and Complaint in
District Court or a Complaint in Conciliation Court.
When you are served with a lawsuit, it is like a slap in the
face! Please don't panic. There are things that you can do. If you dispute the debt in a District Court
case, you will probably need a lawyer to defend you. If you dispute a Conciliation Court, you can
go to the hearing yourself and explain your reason for disputing the debt to
the judge. If you don't dispute the debt
and your debts are otherwise manageable, you could call the collections lawyer
and try to make payment arrangements. If
you have other debts, it might make sense to file bankruptcy instead. A bankruptcy will stop a lawsuit to collect a
debt, even after the lawsuit has started.
If the creditor has already obtained a court judgment against you,
bankruptcy can stop the creditor from ever trying to collect the judgment
against you.
For more information regarding your specific situation,
contact Minnesota Bankruptcy Attorney Gregory J. Wald at 952-921-5802 or at
BankruptcyMinn.com for a consultation.
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