Category Archives: Bankruptcy

What Mortgage and Rent Relief is Available During COVID-19?

What Mortgage and Rent Relief is Available During COVID-19?

What protections to my home are available during this financial hardship? Many Americans are still under a Stay At Home order, with some worried about financially protecting the home they are in. Fortunately, you may be able to find relief options through the CARES Act, your loan servicer, or a state program. CARES Act Protections […]

Debt Collectors and Your Stimulus Check: What to Know

Debt Collectors and Your Stimulus Check: What to Know

The Economic Income Payments, more commonly known as stimulus checks, are steadily being received by the millions of Americans who qualify. These payments are calculated and issued by the Internal Revenue Service (IRS), as part of the Coronavirus Aid, Relief, and Economic Security Act (CARES Act). These payments provide emergency financial assistance to the many […]

Minnesota Small Business Bankruptcy

Minnesota Small Business Bankruptcy

Business Bankruptcies are on the rise in Minnesota Small businesses have begun to seek financial relief as the pandemic continues. From the federal to state level, programs have been enacted to provide assistance. These programs aim to help small businesses struggling to pay operational expenses due to COVID-19. Several of the programs are offering this […]

Minnesota Coronavirus (COVID-19): Unemployment & The Restaurant Industry

Minnesota Coronavirus (COVID-19): Unemployment & The Restaurant Industry

The affects of the Coronavirus (COVID-19) on Minnesota Unemployment & The Restaurant Industry Governor Walz has extended Minnesota’s Stay at Home Order through May 4th, also extending the closure of dine-in spaces and other entertainment venues. Restaurants, their employees, and the hospitality industry are facing unemployment and revenue loss. From systematic changes in filing for […]

How COVID-19 is Affecting the Economy

Coronavirus Affect on Economy

All industries have been uniquely impacted by COVID-19 and its dramatic change to our everyday. Access to paid sick leave, the ability to work remotely and industry-wide shutdowns have affected different sectors of the workforce. According to MarketWatch, consumer-reliant industries will be the first to feel the hit of the new coronavirus strain. This classification […]

Minnesota Residents Boast the Highest Average Credit Score

Minnesota Credit Score

Minnesota is known for its lakes, dedication to the sport of hockey, and love of hotdish – but its residents’ financial responsibility is even more notable. For the eighth consecutive year, Minnesota residents held the highest average FICO credit score at 731 according to The Week. Following closely behind are South Dakota, Vermont, New Hampshire […]