Behm Law Group, Bankruptcy Attorneys

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Entries Tagged as 'Chapter 12 Bankruptcy'

Cancellation and Charging-Off vs Debt Discharge in Bankruptcy in Marshall, MN

May 15th, 2018 · No Comments

When you enter into a loan agreement, it’s implied and expected you’ll repay the debt in full with interest. However, nobody is perfect. There are many life events that can affect your ability to meet debt obligations, especially when you accumulate several debts over time. If you find yourself unable to make monthly loan payments, […]

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Tags: Bankruptcy Information · Chapter 12 Bankruptcy · Chapter 13 Bankruptcy · Chapter 7 Bankruptcy

Possible Plan Outcomes with Chapter 12 Bankruptcy in Jackson, MN

April 10th, 2018 · No Comments

The seasons of winter and spring in Minnesota are the most difficult times for farmers who support their households with income from agricultural sources. In fact, it’s a time when bankruptcies filed by family farmers spike across the country. In 1987, Chapter 12 bankruptcy was added to the bankruptcy code to help family farmers recover […]

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Tags: Bankruptcy · Bankruptcy Advice · Bankruptcy Code · Chapter 12 Bankruptcy · Minnesota Bankruptcy

Benefits of Chapter 12 Over Chapter 13 for Farmers and Fishermen Considering Bankruptcy in Redwood Falls, MN

June 28th, 2017 · No Comments

For most households, filing for bankruptcy without liquidating assets involves Chapter 13 bankruptcy, a process that effectively reorganizes debts and alters amounts to be repaid along with the overall repayment period. While most consumer households and individuals should opt for Chapter 13 if their goal is to retain much of their property through bankruptcy, there’s […]

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Tags: Chapter 12 Bankruptcy