Wayne G. Nelson
Practice Areas
Bankruptcy,
Administrative Law
Admitted
1984, Minnesota, U.S. District Court, District of Minnesota and U.S. Court of Appeals, 8th Circuit; 1986, Illinois
Law School
Hamline University, J.D., 1983
Member Law Review 1982 – 1983
National Association of Consumer Bankruptcy Attorneys.
College
University of Minnesota, B.G.S., 1981
Member
Hennepin County Bar Association, Minnesota State Association
(Member, Bankruptcy Section)
National Association of Consumer Bankruptcy Attorneys
Reported case. Nelson V. Mickelson (In re Pfleghaar), 215 B.R. 394 (B.A.P. 8th Cir. 1997)(successful appeal of attorney fees issue).
Born
Evanston, Illinois, July 15, 1954
For more information, click on the links below:
- Minnesota Bankruptcy Court Website
- American Bankruptcy Institute Website
- Office of U.S. Trustee
- Information on BAPCPA from US Trustee
Bankruptcy Information
Our firm primarily practices Consumer Bankruptcy. Here are some typical reasons consumers file bankruptcy cases:
CHAPTER 7 CASES
- Drivers License | Under Minnesota Statute § 171.182 a drivers license can be suspended in Minnesota as a result of a judgment incurred while driving an uninsured vehicle. Chapter 7 bankruptcy can be used to discharge the judgment debt and to get the drivers license back.
- Divorce | A marital dissolution rarely occurs without a devastating financial impact. Sometimes bankruptcy makes the divorce go smoother after debts are dealt with in a joint bankruptcy filing.
- Business Failure | An individual whose business has failed is often forced into bankruptcy.
- Job Loss | The loss of employment for even a short period of time can cause an individual or family to get substantially behind on bills.
CHAPTER 13 CASES
- Mortgage Arrears | A chapter 13 case can be used to catch up on mortgage payments and stop the foreclosure process.
- Taxes | A chapter 13 bankruptcy can stop penalties and interest and enable you to pay the taxes at an affordable monthly rate.
- Automobile Loans | Chapter 13 can be used to pay an auto loan through the plan at times when the lender is threatening repossession. Sometimes it is also possible to retrieve a vehicle which has been repossessed.
New Bankruptcy Law - October 17, 2005
The 2005 Bankruptcy Abuse Prevention and Consumer Protection Act (BAPCPA) became effective October 17, 2005. Debtors now need to obtain a briefing (credit counseling) and obtain a Certificate before filing bankruptcy.
