Ed Shaw Law - No Nonsense Legal Advice
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Offices in St. Cloud and Brainerd, serving all surrounding areas
Coronavirus Impact and Assurance: Yes! We are still open for business!

As you are all aware, we are currently facing unique challenges due to the Coronavirus. While this is a serious crisis, it is important to keep it in perspective, and not allow it to prevent us from going about our business. We want to assure all of our clients that this office is prepared to serve your needs, regardless of what happens and how the virus affects Minnesota. In an effort to keep the office safe, we have stepped up prevention and sanitation measures in hopes to prevent disease transmission.

Because we are a paperless office, our entire staff is prepared to work from home if necessary. No matter what happens, we will continue to provide our clients with the highest quality legal services.  So far, not one client or staff member has become infected based on contact at this office and we will continue with safety protocols in an attempt to keep it that way. My office will continue to put the safety of our staff and you as our top priority. We do greatly appreciate your cooperation in conducting business in a safe fashion by utilizing current technology. Regardless of what happens, we will continue to take care of all of your legal needs.

Please rest assured, we will continue to take care of your legal needs in this challenging time, and your safety is our highest priority.

Please see our blog for more info on pandemic response.

FORECLOSURE UPDATE

| Feb 17, 2021 | Firm News

You may have heard that the Biden administration extended a foreclosure moratorium until at least this summer. This is good news if you are behind on your house payments, but, it does not mean that you are home free.

First, the moratorium covers federally backed mortgages. As most home loans in this country are in some way backed by the federal government, most homeowners are protected, but, you should check to make sure, some loans are not federally backed, these are not covered by the moratorium, and, owner financed contracts for deed are not covered, and, the foreclosure process for a contract for deed, called cancellation, is much faster than traditional mortgage foreclosure. Even assuming that your mortgage is covered by the moratorium, if payments are not made arrears will build up, and, whenever the moratorium ends you will need to get current, or face foreclosure at that time.

Bottom line, if you are behind on your payments you have a little breathing room, but, be thinking about how you will ge caught up when the moratorium ends. Chapter 13 bankruptcy is a great way to buy time to get caught up on payments. For more info on Chapter 13 click here.

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