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Entries Tagged as 'Chapter 13 Bankruptcy'

Bankruptcy Fees Today and Special Fee Circumstances for Chapter 7 Bankruptcy in Pipestone, MN

December 10th, 2018 · No Comments

Filing for bankruptcy may seem like a drastic measure, but it’s actually a highly effective way for individuals to recover from severe financial difficulties and regain stability in more ways than one. The process of bankruptcy is designed to benefit both the debtor and the creditors involved in the case with a court administered application […]

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Tags: Bankruptcy · Bankruptcy Advice · Bankruptcy Budget · Bankruptcy Code · Chapter 13 Bankruptcy · Chapter 7 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

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

Successfully Getting Credit During Repayment of Chapter 13 Bankruptcy in Mankato, MN

August 21st, 2018 · No Comments

  Bankruptcy is often viewed as a last option for those with extreme debt and low income, but there’s more than one kind of bankruptcy available to individuals and businesses. Chapter 7 bankruptcy is the type of bankruptcy that fits the description that’s most often associated with being bankrupt due to the liquidation of the […]

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

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

Choosing Chapter 13 when You Qualify for Chapter 7 Bankruptcy in Mankato, MN

July 18th, 2018 · No Comments

Financial recovery through the federal process of bankruptcy is a public option for all businesses and individuals, but there are eligibility standards for any bankruptcy case. If you want to file for liquidation bankruptcy, for example, you must pass the Means Test to qualify for a Chapter 7 petition. If you’re ineligible for Chapter 7, […]

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Tags: Bankruptcy · Chapter 13 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

Health Risks of Financial Stress and How Filing for Bankruptcy in Fairmont, MN Could Save Your Life

June 26th, 2018 · No Comments

In today’s world, we face a huge amount of daily stress. From taking care of family and friends to work responsibilities and more, we all have many roles to fill. With all the pressures of the average American adult, it can seem almost impossible to cram another burden on top of all the others. However, […]

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Tags: Bankruptcy · Chapter 13 Bankruptcy · Chapter 7 Bankruptcy