Behm Law Group, Bankruptcy Attorneys

Bankruptcy News & Recent Cases

Entries from August 2017

Standing Trustees and Their Role in Chapter 13 Bankruptcy in Mankato, MN

August 28th, 2017 · No Comments

If you choose to file for bankruptcy, you will have a trustee appointed by the Executive Office of the United States Trustee to administer and supervise your case. In Chapter 7 bankruptcy, your case will be concluded quickly, usually within ninety to one hundred and twenty days, but in Chapter 13 bankruptcy, your 3-5 year […]

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Tags: Chapter 13 Bankruptcy

Preference Claims and Transfers with Chapter 7 Bankruptcy in Marshall, MN

August 25th, 2017 · No Comments

In most cases, individuals and small businesses fight against filing for bankruptcy until it becomes clear that it is the most sensible option. In many cases, before the decision to file for bankruptcy is made, the filer attempts to meet or repair debts in many ways. Payments or money transfers are common occurrences before bankruptcy […]

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Tags: Bankruptcy Advice · Chapter 7 Bankruptcy

Bankruptcy in Owatonna, MN, Since 2005

August 23rd, 2017 · No Comments

As with all departments of US legislation, bankruptcy is an ever-changing legal process. Because the status of finances and the economy are rapidly transforming with the development of new technology, new energy, and new ways to spend, save, and make money, the laws that govern how debt is handled must change accordingly. Since 2005 the […]

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Tags: Bankruptcy · Chapter 13 Bankruptcy · Chapter 7 Bankruptcy

How Your Trustee Benefits When You File for Bankruptcy in Luverne, MN

August 17th, 2017 · No Comments

Understanding government and legal positions is a complicated business. The role of an employee and how they are compensated varies widely from position to position and department to department. Bankruptcy trustees are not employed by the United States Department of Justice.  However, they are private attorney’s appointed by the United States Department of Justice and […]

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Tags: Chapter 13 Bankruptcy · Chapter 7 Bankruptcy · Minnesota Bankruptcy

The Difference Between Disposable Income and Discretionary Income During Your Repayment Plan With Chapter 13 Bankruptcy in Windom, MN

August 15th, 2017 · No Comments

A common misconception about bankruptcy is that it’s a financial endgame, halting aspects of your economic and personal life.  With Chapter 7, however, your finances are given a fresh start, free from most debts you faced before filing. With Chapter 13 your options are even broader to keep your life as unaffected as possible throughout […]

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Tags: Bankruptcy · Chapter 13 Bankruptcy · Chapter 7 Bankruptcy

Understanding Executory Contracts During Chapter 7 Bankruptcy in Pipestone, MN

August 11th, 2017 · No Comments

If you’re considering filing for bankruptcy and your financial obligations outweigh your income, it’s likely you’ll qualify for Chapter 7 bankruptcy. This form of bankruptcy allows you to liquidate your assets to repay creditors and discharge certain crippling debts. The benefits of Chapter 7 bankruptcy can be significant.  Some who need to file for bankruptcy […]

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Tags: Chapter 7 Bankruptcy

Judgment Creditors and Your Assets with Chapter 7 Bankruptcy in Mankato, MN

August 7th, 2017 · No Comments

If your debts and financial obligations put you in a position where you may qualify for Chapter 7 bankruptcy, it’s important to consider that option before one or more of your creditors place a judgment against you in court. If you stall in meeting debts payments but refuse to use bankruptcy options to recover from […]

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Tags: Bankruptcy · Chapter 7 Bankruptcy

The Rise of Consumer Bankruptcy in Owatonna, MN, During the Summer

August 4th, 2017 · No Comments

Bankruptcy in the U.S. has a number of seasonal patterns that have existed for years. These patterns show an increase or decrease in the rates of bankruptcy for consumer households and businesses depending on the status of the economy and certain other events—for example, tax season sees an annual increase in bankruptcy cases during April. […]

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Tags: Bankruptcy

Benefits of Filing for Chapter 13 Bankruptcy in Marshall, MN, Over Chapter 11 Bankruptcy for Small Businesses

August 3rd, 2017 · No Comments

At Behm Law Group, Ltd., we work with individuals and small businesses filing for bankruptcy. Our experienced bankruptcy attorneys specialize in providing legal advice and assistance for Chapter 13, Chapter 7, and Chapter 12 bankruptcy. For small businesses struggling with debts and difficult financial obligations, bankruptcy might be a beneficial option. Behm Law Group, Ltd. […]

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Tags: Chapter 13 Bankruptcy