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Behm Law Group, Bankruptcy Attorneys

Bankruptcy News & Recent Cases

Entries Tagged as 'Chapter 13 Bankruptcy'

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

How Minimum Wage Can Affect Bankruptcy in Fairmont, MN and Across the State

October 3rd, 2019 · No Comments

State economies are affected by a range of factors, both within the state itself and by national or global determinants. The condition of a state economy will have its own impact on the cost of living, availability of jobs, wages, and more. Minimum wage is directly affected by the state economy, which means it should […]

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Tags: Chapter 13 Bankruptcy · Chapter 7 Bankruptcy

Finishing Your Repayment Plan and What Happens after Chapter 13 Bankruptcy in Redwood Falls, MN

September 29th, 2019 · No Comments

There are many reasons why individuals might accumulate debt that they find unmanageable with their current income. Debt from even the most common sources such as credit cards, medical bills, mortgages, and car loans can escalate with little warning. If you are finding it impossible to meet every debt payment on time each month, or […]

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Tags: Chapter 13 Bankruptcy

Reduced Pay for Educators Increases Cases of Chapter 13 Bankruptcy in Fairmont, MN

July 18th, 2019 · No Comments

Across Minnesota, K-12 school budgets are dropping, and funding for private colleges is also suffering in several departments. This trend has had a marked effect on students, teachers, and administrators alike. For teachers and professors, the effect can be immediate or gradual. Specifically, those employed as educators at all levels have experienced an overall reduction […]

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Tags: Chapter 13 Bankruptcy

Filing for Chapter 13 Bankruptcy in St. Peter, MN, When Self-employed

July 6th, 2019 · No Comments

Self-employment is often a rewarding way to create income for you and your family. However, self-employment doesn’t always guarantee a regular income, especially if you work in an industry that has fluctuations in demand. If you are self-employed and have found it difficult to meet debt payments each month, you have several options for debt […]

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Tags: Bankruptcy Advice · Chapter 13 Bankruptcy

Escrow Accounts and Chapter 13 Bankruptcy in Owatonna, MN

June 18th, 2019 · No Comments

Anyone with a mortgage or other large loan either has an escrow account or knows about the function of one. Escrow accounts are set up with a third-party agent or broker who manages and distributes the money in that account. The account works as a consolidation system for a mortgagor, holding values required to make […]

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Tags: Bankruptcy Advice · Chapter 13 Bankruptcy

Guidelines and Limitations of Chapter 13 Bankruptcy in Windom, MN

May 23rd, 2019 · No Comments

Chapter 13 bankruptcy is a format of debt reorganization most common for individuals and some types of businesses. Overseen and administered by a standing bankruptcy trustee, a Chapter 13 case takes secured, unsecured, and priority debts and alters them into a consolidated repayment plan that lasts three to five years depending on the debt amount […]

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Tags: Bankruptcy · Chapter 13 Bankruptcy

Preventing Foreclosure and Keeping Your Home with Chapter 13 Bankruptcy in St. Peter, MN

May 2nd, 2019 · No Comments

Filing for bankruptcy can be a long-term solution for many financial problems, from credit card debt to car loans. Bankruptcy can also prevent and resolve the issue of a looming foreclosure. If you are struggling to meet debt payments each month, including those on your mortgage, bankruptcy might be the right choice for your household. […]

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Tags: Bankruptcy Advice · Chapter 13 Bankruptcy

Living with Success on a Repayment Plan Budget after Chapter 13 Bankruptcy in Mankato, MN

March 13th, 2019 · No Comments

March is the time when determination for New Year’s resolutions start to waver. If you’ve made your New Year’s resolution based on your budget, that wavering can significantly damage your financial well-being. Those who have filed for Chapter 13 bankruptcy in the past know they don’t have any other option than to adhere to the […]

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Tags: Bankruptcy · Bankruptcy Attorneys · Chapter 13 Bankruptcy

How to Use Your Tax Refund While Filing for Bankruptcy in Redwood Falls, MN

February 13th, 2019 · No Comments

As tax season approaches, everyone filing has to take time to look at their finances in more detail than usual. For many individuals and businesses, a financial overview may show just how much they are struggling with the weight of debt. For those with too much debt than they know what to do with, tax […]

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