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Coronavirus Impact and Assurance: Yes! We are still open for business!

For the last year, thanks to the hard work of all of our staff, and you, our clients, no one who works at this office has gotten Covid while working here, and we have not spread a single case to any of our clients, while getting all of our client's legal needs taken care of. With the spread of vaccination the end is in sight, normal times where we can meet our clients in person in the office are just around the corner.

During the transition we will be having some in person, in office appointments for clients who have already been vaccinated, and for whom the CDC recommended period of time has passed since their last shot. Of course, for anyone who would prefer a phone or video appointment for safety, convenience, or any other reason those types of appointments are always available.

The weather is warming up and outdoor-in person appointments are now available. The updated CDC guidelines indicate that masks are not needed for vaccinated people outside if not in close quarters; although as a precaution we will continue to practice social distancing. If you have not had your vaccination, masks will continue to be a requirement.

Through the transition safety of all staff and clients will continue to be our top priority, we look forward to seeing you soon.

Please see our blog for more info on pandemic response.

Credit card debt continues to plague America

| Jun 26, 2019 | Bankruptcy

Debt is a topic of considerable discussion among many Minnesota residents. Nationally, especially as the presidential cycle is again rolling around, it’s debated in terms of the type of programs the government should and should not fund. On the personal level, most individuals understand living debt free is a desirable goal yet also realize that is impossible but for a select few. The salient issue then becomes delineating between good debt and bad debt and working diligently to avoid the latter.

Personal finance experts point out that mortgage debt and debt incurred to finance higher education are typically categorized as good, or acceptable debt and credit card debt as bad. A car loan could go either way; while a car in the majority of instances may be deemed necessary, a high ticket make or model may be viewed differently. A significant problem that affects many is the student loan crisis. Although considered acceptable and necessary to propel one to future success, the staggering costs of a college education place most new graduates in a precarious financial position.

As a result, many people literally live paycheck to paycheck and are one unexpected expense away from a problem. Even millennials, who are generally regarded as more financially savvy than previous generations about debt are not immune. In fact, as a general trend, people are acquiring more and more unsecured debt as they grow older. Further exacerbating the problem is the decreasing purchase power of the U.S. dollar and the common acceptance of credit card debt as a normal way of life in the 21st century.

Anyone can find themselves upside down financially without any fault of their own. Under such circumstances, a consultation with an experienced bankruptcy lawyer might be helpful in understanding one’s rights and responsibilities.

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