Behm Law Group, Bankruptcy Attorneys

Bankruptcy News & Recent Cases

Entries Tagged as 'Bankruptcy'

Overview of Some Bankruptcy Statistics since 2005

November 7th, 2019 · No Comments

In 2005, the Bankruptcy Abuse Prevention and Consumer Protection Act (BAPCPA) became law in response to the rapid spike in individual consumer bankruptcies. The difficult economy of the early 2000s pushed many people into serious debt, and filing for bankruptcy was the best option available to them for long-term debt relief. However, it also created […]

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Tags: Bankruptcy

Mortgage Options and Rebuilding after Bankruptcy in Luverne, MN

October 30th, 2019 · No Comments

Owning a home is a big goal for individuals and families alike. In today’s world, however, buying a home is a difficult process that requires both good credit and a steady income. Unfortunately, those are conditions that many U.S. citizens don’t have in their lives. For many, the prospect of a mortgage isn’t even on the […]

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Tags: Bankruptcy · Bankruptcy Information

Why Chapter 13 Is Less Common than Chapter 7 Bankruptcy in Mankato, MN

October 15th, 2019 · No Comments

If you’re considering filing for bankruptcy, you’re not alone. Over 700,000 individuals file for bankruptcy each year in the United States. While those numbers have decreased significantly since the 2008 market crash, they still show that anyone can struggle financially in the face of many different factors. Filing for bankruptcy is a process designed to […]

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Tags: Bankruptcy · Chapter 13 Bankruptcy · Chapter 7 Bankruptcy

Top Three Causes of Bankruptcy in Waseca, MN

October 9th, 2019 · No Comments

Over 700,000 cases of bankruptcy have been filed each year since the 2008 market crash. Though this number has decreased since its peak in 2010, there are still thousands of cases filed across the country.   If you’re struggling to meet monthly debt payments, it may be time for you to consider joining others who […]

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Tags: Bankruptcy

Why Many Local Restaurants File for Chapter 7 Bankruptcy in Jackson, MN

September 24th, 2019 · No Comments

Running a business is a difficult endeavor, especially if it’s a young company. Maintaining a steady income and company growth means battling on several different fronts and working through many different expenses. Not only do the local economy and your business marketing endeavors affect your business standing, but also the national and even global economy […]

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Tags: Bankruptcy · Chapter 7 Bankruptcy

How Filing for Personal Bankruptcy in St. Peter, MN Affects Your Community

September 18th, 2019 · No Comments

If you’re struggling to meet monthly debt payments and feeling the weight of your financial difficulties, it may be time for you to consider some form of debt relief. For many individual consumers and businesses, filing bankruptcy is a highly effective form of debt relief that provides long-term beneficial results.   It’s true that bankruptcy […]

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Tags: Bankruptcy · Behm Law Group

Understanding and Navigating What You Might Face after Filing Bankruptcy in New Ulm, MN

September 6th, 2019 · No Comments

Life has its ups and downs, which is a cliché, yes, but clichés are often rooted in simple truths. While some individuals and businesses won’t experience as extreme a financial event as bankruptcy, it certainly affects those who do file in many ways. The emotional and mental stresses of financial struggles aside, bankruptcy has its […]

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Tags: Bankruptcy

Rebuilding Your Business or Starting Fresh after Bankruptcy in Marshall, MN

August 21st, 2019 · No Comments

Owning and operating a business is a difficult endeavor, no matter how small that business is. This is why many businesses find themselves in a financial situation that is less than desirable. If your business is facing debts you’re unable to repay, filing for bankruptcy may be your saving grace in preventing further struggles down […]

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Tags: Bankruptcy

Five Things You Might Not Expect About Bankruptcy in Windom, MN

August 4th, 2019 · No Comments

Because the average individual is not an expert on the legal nuances of bankruptcy, it’s understandable that most people use the internet as a guidebook for the process. While there are a few accurate sources of bankruptcy information online, there are also a lot of myths and general misinformation.   When it comes to correct […]

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Tags: Bankruptcy

Lien Avoidance vs. Lien Stripping When Filing for Bankruptcy in Waseca, MN

August 1st, 2019 · No Comments

Anyone struggling to meet monthly debt payments has more options than just slipping deeper beneath the water of financial difficulties. Instead of facing the stress of debt and the emotional toll it creates, those working through financial troubles can find relief within the government sanctioned process of bankruptcy.   If you think bankruptcy might be […]

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Tags: Bankruptcy