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How Can Someone Prepare for The 341 Meeting of Creditors?

Preparation is a good idea, and it doesn’t have to be a huge ordeal. In fact, it’s considered unethical if your lawyer spends too much time “preparing” you for the meeting.

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Is There a Typical Bankruptcy Client in Minnesota?

Most people who have not been confronted with the need to file for bankruptcy protection assume that the only people who file for bankruptcy are somehow reckless spenders or otherwise irresponsible with the money.

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Foreclosure Timeline

Those going through a foreclosure have lots of questions to ask, such as how long does foreclosure take, what is involved in foreclosure, what options do they have and so on. Consulting an attorney is your best bet if you are late on your mortgage payments and are planning to go through a foreclosure in Minnesota.

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Filing for Bankruptcy Helped People Get Back on Their Feet After the Great Recession

John from North Carolina shared a story about his uncle, a furniture-store owner, who filed for bankruptcy in order to regain financial stability. The Great Recession resulted in many people across the United States being laid off from their jobs or losing the businesses that they had dedicated their lives to running.

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High Cost of Medical Treatment Causes Many People to File for Bankruptcy

According to the St. Cloud Times, a Minnesota news source, the most common reason that individuals in the United States file for bankruptcy is illness, and much of this is due to the high cost of drugs.

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FHA Mortgage Loan Requirements

You can get an FHA mortgage with a credit score of 500 and with a foreclosure or bankruptcy on your credit report. Here are some of the most important requirements:

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Do People Generally Procrastinate when It Comes to Filing for Bankruptcy?

Do People Generally Procrastinate When It Comes To Filing For Bankruptcy?

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Consumer Financial Protection Bureau Issues Its Highest Fine to Date Against Wells Fargo

CFPB fined Wells Fargo $100 Million for the illegal practice of opening unauthorized accounts for its customers. Wells Fargo incentivized its employees to sell customers on opening more deposit and credit card accounts, by offering employee bonuses for new accounts.

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New Study Finds High Debt Can Be Hazardous to Your Health

As reported in Phys.org, a new Northwestern Medicine® study, recently published in Social Science and Medicine, has found that high financial debt is associated with higher blood pressure which can put one at increased risk for hypertension and stroke.

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General Information

Is It Too Late To Stop A Foreclosure By The Time Someone Receives A Foreclosure Notice?

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