Behm Law Group, Bankruptcy Attorneys

Bankruptcy News & Recent Cases

Entries from July 2017

When Things Aren’t Straightforward During a Petition for Bankruptcy in Luverne, MN

July 31st, 2017 · No Comments

Preparing for bankruptcy requires a significant amount of paperwork for the filer. The forms, schedules, and other paperwork involved in a bankruptcy petition are necessary to determine how your case will be handled. Filling out any of this information about your financial situation incorrectly can drastically impact how well a bankruptcy case can go. Behm […]

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Tags: Bankruptcy

Understanding Unsecured Debt and How It’s Treated During Bankruptcy in Windom, MN

July 26th, 2017 · No Comments

In most cases of consumer bankruptcy, the debts accumulated will be partially made up of unsecured debts. Whether this means the filer has a large amount of credit card debt or simply a significant amount of personal loans, if you’re struggling with your debts, unsecured or otherwise, bankruptcy might be the right option for you. […]

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Tags: Bankruptcy

When and Why a Business Might Be Subject to Involuntary Bankruptcy in Pipestone, MN

July 24th, 2017 · No Comments

In the majority of situations, a bankruptcy case is a voluntary legal process. However, Congress put provisions in the bankruptcy code so that it would be a fair process for both the filer and creditors involved in a case. While most cases of bankruptcy are set into motion by the choice of the filer because […]

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Tags: Bankruptcy · Behm Law Group

The Good and Bad of Taxes After Debt Forgiveness in Mankato, MN

July 18th, 2017 · No Comments

Whether you’re on your first, second, or third mortgage, debt gathered on your home over time is often a large factor in your bankruptcy case and how you are affected after your case is finished. If you’re considering filing for Chapter 7 or Chapter 13 bankruptcy, or you’re in the process of filing, it’s important […]

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Tags: Bankruptcy

Doubling Exemptions With Chapter 7 and Chapter 13 Bankruptcy In Windom, MN

July 13th, 2017 · No Comments

Many of the Chapter 13 and Chapter 7 cases we work with are either individuals or households filing for bankruptcy. For those struggling financially with debts accumulated over the years, bankruptcy is often a beneficial option. When it comes to a family in need of bankruptcy help, it can actually be a good thing for […]

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Tags: Bankruptcy · Chapter 13 Bankruptcy · Chapter 7 Bankruptcy

Selling in Foreclosure and Automatic Stay in Chapter 7 Bankruptcy in Pipestone, MN

July 12th, 2017 · No Comments

Owning a home with a mortgage is a major expense, and often, mortgage debts and foreclosure play a large part in filing for Chapter 7 bankruptcy. If you own a home and are having difficulty meeting mortgage payments, choosing to file might be the best course of action to recover from financial harm. Behm Law […]

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Tags: Bankruptcy Information · Chapter 7 Bankruptcy