In Minnesota, a person filing for bankruptcy and choosing to use the Minnesota exemptions has traditionally been allowed to keep 75 percent of wages owed to him or her on the day the bankruptcy was filed, pursuant to Minnesota Statutes Section 550.37 subd. 13. It has been widely believed that this exemption applied only to [...]
January 2008
Like Chex Systems which warns its members about potential losses when consumers open a banking account, Tele-Check attempts to protect merchants from bad checks from consumers. Tele-Check tries to predict when a consumer might present a bad check for payment. It does not have access to your banking account, nor does it maintain records of [...]
January 18, 2008, Jacksonville, Florida – A recent case out of the Jacksonville Division of the Middle District of Florida has held that neither 401k contributions nor 401k loan repayments are included in a Chapter 13 debtor’s disposable income, without regard to whether the debtor is above or below median income. Despite a whole line [...]
Previously this site has taken a look at Chex Systems and the records that it maintains on consumers and their use of checking accounts at banking institutions. But did you know that Chex Systems is a sponsor for an education program designed to get you back on track with your banking? Get Checking was designed [...]
Over at our sister site, Credit Law Network, there are a few articles about Chex Systems and Tele-Check. These companies assist financial institutions and merchants in preventing losses from bad or fraudulent checks. Chex Systems co-sponsors an educational program for those who have bounced checks in the past to qualify to open a new bank [...]
You might be wondering how filing two bankruptcy cases could possibly be legal, or why somebody would ever want to do it. Actually, filing two bankruptcy cases is not that unusual, although most would not benefit from this process. “Filing two bankruptcy cases” does not mean filing two cases at the same time; it means filing one [...]
