Behm Law Group, Bankruptcy Attorneys

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Entries from May 2017

Good Faith and Debt Repayment Plans With Chapter 13 Bankruptcy in St. Peter, MN

May 31st, 2017 · No Comments

Your disposable income plays a large part in determining your path when it comes to filing for bankruptcy as an individual. This income is taken into consideration with your debts and the value of your assets and properties. The result decides whether you qualify for Chapter 7 or Chapter 13 bankruptcy. If your results don’t […]

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Tags: Chapter 13 Bankruptcy

Claiming Excessive Exemptions and What You Can Buy Before Filing for Bankruptcy in New Ulm, MN

May 24th, 2017 · No Comments

Making prudent use of the financial help that filing for Chapter 7 bankruptcy can provide is one of the smartest things you can do if you’re overwhelmed by accumulated debts and financial obligations. Chapter 7 was designed to help people recover from crippling debt and get back on their feet financially. The U.S. Bankruptcy Courts […]

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Tags: Bankruptcy

Converting Assets and Exemption Planning When Filing for Bankruptcy in Jackson, MN

May 17th, 2017 · No Comments

If you plan to file for Chapter 7 bankruptcy, having a bankruptcy lawyer is essential. In some cases, a person may have assets that he or she would not be able to retain either because the value of the assets are too high or there are no applicable bankruptcy exemptions to protect the assets.  Before […]

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Tags: Bankruptcy

Understanding Debt Repayment In Chapter 13 Bankruptcy in Mankato, MN

May 15th, 2017 · No Comments

Most individuals considering filing for bankruptcy have two main options: filing for Chapter 7 bankruptcy or filing for Chapter 13 bankruptcy. In the case of Chapter 7, a filer has qualified for this type of bankruptcy after passing the Means Test, determining that their debts and financial obligations outweigh their disposable income and estate value. […]

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Tags: Chapter 13 Bankruptcy

Protecting Your Money and How Filing for Chapter 7 Bankruptcy in Owatonna, MN, Affects Your Bank Accounts

May 8th, 2017 · No Comments

If you’re struggling financially, your debts and obligations may seem looming and unmanageable, but for many, the idea of bankruptcy is even more alarming. At Behm Law Group, Ltd., we find that many of our clients have had no reason to become familiar with the process of bankruptcy in the past and have unwarranted fears […]

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Tags: Chapter 7 Bankruptcy

Understanding Priority Debts When Filing for Chapter 7 Bankruptcy in Marshall, MN

May 2nd, 2017 · No Comments

Those who are considering filing for bankruptcy most likely have more than one debt to tackle among their financial obligations. In fact, virtually every bankruptcy filer faces several debts accumulated over years. From mortgages to credit card debt, filers often have a wide range of debts to repay. If these filers pass the Minnesota Means […]

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Tags: Bankruptcy · Bankruptcy Advice