Often Asked Questions Regarding Bankruptcy

Speak with Our Oakdale Bankruptcy Attorneys for more information

Lamey attorney, P.A. happens to be serving the residents of Oakdale for over three decades. Below, you’ll find answers that are brief a number of the concerns we get many. All of us acts throughout Pine Springs, Lake Elmo, Maplewood, Woodbury, Oak Park Heights, and much more.

For more information, dial (651) 309-8180 to schedule a totally free bankruptcy https://www.badcreditloans4all.com/payday-loans-ga/metter/ consultation.

Could I dispose of IRS income taxes if we file bankruptcy?

Brief Answer: Yes, if the fees as well as your situation meet with the demands. an experienced bankruptcy attorney can figure out if you meet up with the skills to discharge or cancel your earnings fees in bankruptcy.

Broadly speaking, taxes could be released in bankruptcy: (1) if they’re over 36 months old calculated from the due date associated with taxation return; (2) in the event that taxation statements had been filed a lot more than 24 months ahead of the bankruptcy; (3) in the event that fees are not examined within 240 days before the filing regarding the bankruptcy; and (4) as long as the fees are not owed by explanation of an “SFR” or replacement for return served by the IRS there are various other needs, such as for example that the fees can’t be caused by a taxpayer filing a false or tax that is fraudulent, plus the taxpayer cannot have designed to evade or beat the fees.

May I register chapter 13 bankruptcy merely to stall property property foreclosure?

Quick response: No, it isn’t a appropriate utilization of chapter 13 bankruptcy to register an incident in order to obtain the protection associated with the stay that is”automatic with no intent to accomplish the scenario.

Many people file bankruptcies over repeatedly (several or “serial” filers) to over and over repeatedly stop foreclosures on their home. It’s not only incorrect to take action, but it causes plenty of unneeded appropriate cost to the home loan companies that are foreclosing, and in addition plenty of unneeded difficulty and cost towards the court system. The bankruptcy court can discipline individuals or their solicitors through contempt of court or any other method for filing bankruptcies that are multiple the intent to produce them work.

Can my Homeowner’s Association foreclose on my Minnesota home for unpaid HOA dues?

Brief Response: Yes.

Home owner’s associations in Minnesota can foreclose in your house for unpaid HOA dues.

Do not lose your property to property property foreclosure! For you to file a chapter 13 bankruptcy to stop the foreclosure and allow you to catch up your delinquent HOA dues, and possibly also deal with your other debts, in a way that you can afford if you qualify, it may be possible. Phone our workplace at (651) 309-8180 to prepare very first consultation that is complimentary certainly one of our attorneys.

Are you able to be arrested for perhaps perhaps not having to pay pupil loan?

Short response: No. You simply can’t be arrested for maybe perhaps maybe not having to pay a learning pupil loan.

But if you’re sued for a student-based loan and also a judgment awarded against you, after which are bought with a court to resolve questions regarding your money and will not do so, then yes, you will be arrested and jailed – not for perhaps not having to pay your education loan, but also for breaking the court’s purchase.

Lesson: if you should be taking part in a court proceeding, constantly conform to court sales. Or perhaps you might get arrested and jailed.