Bankruptcy Basics

24 Mar What To Do If You Are a Creditor In a Bankruptcy?

Most of the posts on this blog, and in fact on most bankruptcy blogs, focus on the consumer as the bankruptcy debtor.  That makes sense--most bankruptcy cases involve a consumer debtor and a number of institutional creditors, like banks and credit card companies.  And those banks...

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22 May Minnesota Property Tax Refunds Not Exempt in Bankruptcy, Appeals Court Says

Reversing the Minnesota bankruptcy court, an intermediate federal appeals court ruled that a property tax refund owed to a bankrupt homeowner cannot be claimed exempt.Manty v. Johnson (In re Johnson), No. 13-6050 (8th Cir. BAP April 22, 2014). The appeals court said that the bankruptcy court...

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