Behm Law Group, Bankruptcy Attorneys

Bankruptcy News & Recent Cases

Entries from June 2017

When and Why Your Plan Might Be Rejected for Chapter 13 Bankruptcy in Waseca, MN

June 30th, 2017 · No Comments

Bankruptcy is one of those things in life, like so many other legal processes, that’s easier said than done. It’s a complex process with many opportunities for misstep, yet little room for error. If you’re considering filing for bankruptcy with a high income and a desire to keep many of your assets, Chapter 13 is […]

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Tags: Chapter 13 Bankruptcy

Benefits of Chapter 12 Over Chapter 13 for Farmers and Fishermen Considering Bankruptcy in Redwood Falls, MN

June 28th, 2017 · No Comments

For most households, filing for bankruptcy without liquidating assets involves Chapter 13 bankruptcy, a process that effectively reorganizes debts and alters amounts to be repaid along with the overall repayment period. While most consumer households and individuals should opt for Chapter 13 if their goal is to retain much of their property through bankruptcy, there’s […]

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Tags: Chapter 12 Bankruptcy

Cramming Down Secured Debt With Chapter 12 Bankruptcy in Mankato, MN

June 19th, 2017 · No Comments

Today, the food industry is largely industrialized across the country, but there are some farming and fishing families still thriving today. However, because farming and fishing are some of the most difficult trades with which to support a household and maintain a healthy business, there are also a large number of financially struggling family farmers […]

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Tags: Bankruptcy

Meeting the Best Interest of Creditors in Chapter 13 Bankruptcy in Fairmont, MN

June 16th, 2017 · No Comments

Bankruptcy in the U.S. is designed to give debtors methods of working through their financial obligations in a way that offers more leniency and payment options when repaying accumulated debt. Whether you file for reorganization or liquidation types of bankruptcy, you’ll be given a set of options that will help solve your debt case. However […]

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Tags: Chapter 13 Bankruptcy

Using Charitable Contribution Deductions and Avoiding Fraudulent Transfers With Chapter 13 Bankruptcy in Redwood Falls, MN

June 12th, 2017 · No Comments

If you file for Chapter 13 bankruptcy and reach an approved petition and repayment plan, it’s guaranteed that you must use all of your disposable monthly income to meet your monthly debt repayment requirements. Before you file your petition, however, there are approved ways to lower your monthly requirements by lowering the amount categorized as […]

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Tags: Chapter 13 Bankruptcy

Working With the Best Effort Requirement When Filing for Chapter 13 Bankruptcy in Fairmont, MN

June 6th, 2017 · No Comments

If you’re considering filing for bankruptcy, you’ve probably started to do some research of your own and learning about your options. If you think you may qualify for Chapter 13 bankruptcy, you might have already discovered that a long road of meeting financial and legal obligations set by the U.S. Bankruptcy Courts, your bankruptcy trustee, and […]

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Tags: Chapter 13 Bankruptcy