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Entries Tagged as 'Bankruptcy Attorneys'

Understanding When and Why a Trustee Looks for Fraud and How to Avoid Mistakes in Filing for Bankruptcy in St. Peter, MN

November 20th, 2018 · No Comments

Bankruptcy is a balanced system designed to help debtors recover from severe financial struggles and reenter the economic system as a productive consumer while remaining fair to creditors to whom debts are owed. The U.S. Bankruptcy Court oversees the outcome of bankruptcy cases for both individuals and businesses filing for bankruptcy, but the case details […]

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Tags: Bankruptcy · Bankruptcy Advice · Bankruptcy Attorneys · Bankruptcy Code · Bankruptcy Information · Minnesota Bankruptcy

Protecting Your Case with the Help of an Expert Bankruptcy Attorney and Understanding the Statute of Limitations for Bankruptcy in Redwood Falls, MN

November 16th, 2018 · No Comments

Bankruptcy in the U.S. is a nuanced system for individuals and businesses alike. Like other legal processes, it’s best to proceed with a trained professional who can protect and counsel you from start to finish. Because filing for bankruptcy in Redwood Falls, MN, is rarely a straightforward process, taking advantage of the knowledge and professional […]

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Tags: Bankruptcy · Bankruptcy Attorneys · Bankruptcy Code · Minnesota Bankruptcy

Minimum and Maximum Debt Amounts Allowed to File for Bankruptcy in Worthington, MN

November 5th, 2018 · No Comments

If you’re preparing to file for bankruptcy, it’s important to understand the limitations before entering into the process. Bankruptcy is an extremely beneficial tool for those struggling with debt, even with a high income. Despite its effect on your financial credit rating, bankruptcy is an effective solution for immediate financial recovery and long-term stability for […]

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

Debt Domestication and How Foreign Debts Resolve During Bankruptcy in Pipestone, MN

October 8th, 2018 · No Comments

Debt laws vary from country to country, and within the U.S., those laws even vary from state to state. The legal minutia around the debts you owe can quickly become complicated even within Minnesota regulations, but when out-of-state debts and foreign debts are introduced, those difficulties can increase ten-fold.   These complications may never become […]

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Tags: Bankruptcy · Bankruptcy Attorneys · Bankruptcy Code · Bankruptcy Information · 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

When the Automatic Stay Doesn’t Apply and Navigating Through It With a Bankruptcy Attorney in Marshall, MN

August 8th, 2018 · No Comments

When you file a petition for bankruptcy, your case will immediately see the effects of an automatic stay. Whether you qualify for Chapter 7 liquidation bankruptcy or choose to file for Chapter 13 bankruptcy, you can benefit from the court-ordered halt to creditor action that takes the form of an automatic stay. The power of […]

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Tags: Bankruptcy Advice · Bankruptcy Attorneys

Understanding a Hardship Discharge with Chapter 13 Bankruptcy in Luverne, MN

July 31st, 2018 · No Comments

When you file for Chapter 13 bankruptcy, your debts will be restructured into a three to five-year repayment plan that fits your income and financial situation. For those with incomes too high to pass the Means Test or who wish to hold on to most of their nonexempt properties, Chapter 13 is a highly effective […]

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Tags: Bankruptcy Advice · Bankruptcy Attorneys · Chapter 13 Bankruptcy

Key Factors that Affect the Repayment Plan Structure of Bankruptcy in Windom, MN

July 25th, 2018 · No Comments

Today, Chapter 7 is the most common form of bankruptcy for both individuals and businesses. Because the Chapter 7 process is only available to those with income-to-debt ratios lower than the Minnesota median, bankruptcy is often associated with unemployment or even financial ruin. However, bankruptcy is an option to people and businesses with a wide […]

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Tags: Bankruptcy · Bankruptcy Advice · Bankruptcy Attorneys · Bankruptcy Code · Bankruptcy Options · Behm Law Group · Chapter 13 Bankruptcy · Minnesota Bankruptcy

Breakdown of Payments to Unsecured Creditors for Chapter 13 Bankruptcy in Pipestone, MN

July 18th, 2018 · No Comments

When you file for bankruptcy, the people or organizations you owe money to are broken down into several different types of creditors. Generally, these creditors are considered as priority, secured, and unsecured. Within these categories, there is a simple hierarchy: priority creditors are repaid in full, secured creditors are paid the value of their collateral […]

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Tags: Bankruptcy · Bankruptcy Advice · Bankruptcy Attorneys · Bankruptcy Code · Bankruptcy Information · Bankruptcy Options · Chapter 13 Bankruptcy · Minnesota Bankruptcy

What Happens When Retirees File for Bankruptcy in Redwood Falls, MN

July 11th, 2018 · No Comments

Financial difficulties can occur for any number of reasons at any time in one’s life, but with the accumulation of debt into retirement and a decrease in income, retirees are increasingly becoming more likely to file for bankruptcy. Several studies have shown that in the past twenty years, the percentage of 65 or older bankruptcy […]

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Tags: Bankruptcy · Bankruptcy Advice · Bankruptcy Attorneys · Bankruptcy Information · Minnesota Bankruptcy