Behm Law Group, Bankruptcy Attorneys

Bankruptcy News & Recent Cases

Entries from September 2018

Who, What, When, and Why: Corporations, LLCs, and Chapter 7 Bankruptcy in Luverne, MN

September 28th, 2018 · No Comments

Bankruptcy is a form of debt relief available to U.S. individuals and businesses alike, and while there are several versions of reorganization or liquidation bankruptcy, the overall goal of giving debtors a viable opportunity for financial recovery remains the same. If your limited liability company (LLC) or corporation chooses to file for bankruptcy, you can […]

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Tags: Chapter 7 Bankruptcy · Minnesota Bankruptcy

First Three Critical Steps in Filing for Bankruptcy in Redwood Falls, MN

September 19th, 2018 · No Comments

Life is full of unexpected events. When it comes to debt and financial difficulties, it’s best to deal with those life events head on. You may have accumulated debts over the years or be struggling with sudden expenses, but whatever the reasons leading up to severe debt, you don’t have to face it alone. Getting […]

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Tags: Bankruptcy · Bankruptcy Advice · Bankruptcy Information · Bankruptcy Options · Minnesota Bankruptcy

Creditor vs. Debtor: Getting More Out of Your Case with a Bankruptcy Attorney in Mankato, MN

September 18th, 2018 · No Comments

Bankruptcy is designed to help individuals and businesses recover from debt and continue to participate in the global and national economy. While bankruptcy offers what’s essentially a government-sanctioned financial backup plan, it’s not a bailout to simply rid yourself of debts with no concern for your lenders. When you file for bankruptcy, the process will […]

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Tags: Bankruptcy Attorneys · Chapter 13 Bankruptcy · Chapter 7 Bankruptcy

Most Recent Legal Changes that Affect How You File for Bankruptcy in Waseca, MN

September 17th, 2018 · No Comments

Over the past 50 years, bankruptcy law has seen changes that have affected how individual consumer and business cases are handled today. The most recent overhaul in bankruptcy law came in 2005 when the Bankruptcy Abuse Prevention and Consumer Protection Act (BAPCPA) was enacted to prevent the possibility of filers taking advantage of the system […]

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Tags: Bankruptcy Advice · Chapter 13 Bankruptcy

Using the Marital Adjustment to Qualify for Chapter 7 Bankruptcy in Jackson, MN

September 13th, 2018 · No Comments

Chapter 7 liquidation bankruptcy is the most common type of individual consumer bankruptcy in the US. The process of Chapter 7 works to liquidate a filer’s non-exempt bankruptcy estate property in return for the discharge of their debts. Not only is it an effective way to free yourself from credit card debts, medical bills, and […]

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Tags: Bankruptcy Information

Acquiring Business Credit During Chapter 13 Bankruptcy in St. Peter, MN

September 10th, 2018 · No Comments

If you own a business and are struggling to meet payments on anything ranging from rent to utilities, you may benefit from taking advantage of the government-regulated system of bankruptcy. While it might seem like a big step to take, bankruptcy is designed to help businesses of all sizes into a full financial recovery. In […]

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Tags: Bankruptcy Advice · Chapter 13 Bankruptcy · Minnesota Bankruptcy

Understanding When and Why You Can Be Forced into Involuntary Bankruptcy in Fairmont, MN

September 5th, 2018 · No Comments

If you’re struggling to make monthly debt payments on time or missing payments completely, you may be eligible to file for bankruptcy. However, there are many who consider bankruptcy to be a last-ditch effort to save their finances. Whether you’re ready to file for bankruptcy or want to try to work through your debts another […]

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Tags: Bankruptcy Information · Chapter 7 Bankruptcy