*/ ?> The Government Shutdown and Bankruptcy - Behm Law Group, Bankruptcy Attorneys

Behm Law Group, Bankruptcy Attorneys

Bankruptcy News & Recent Cases

The Government Shutdown and Bankruptcy

October 16th, 2013 · No Comments

How does the government shutdown affect Minnesota Bankruptcy?

minnesota bankruptcy behm law groupUnless you’ve been on an extended vacation in a far-away land with limited access to television, radio, or internet, you have heard about the U.S. government shutdown. The media calls it a “partial shutdown.” You may be wondering, “How does the government shut down relate to Minnesota bankruptcy?” Well, for the countless people who are affected by the government shutdown, there’s nothing partial about it; many are left completely without wages and pay. Not only are government employees affected, but also government contractors. Furthermore, there will be a financial domino effect. Companies that do business with the government won’t get paid. In addition, the restaurants, coffee shops, and retails stores that cater to government employees will see a reduction of business, and could end-up laying off employees, or worse, even be forced to shut their doors for good. And, when the unemployment benefits and savings accounts for these people dry up, many will have no option but to file for bankruptcy.

All of these victims of the government shutdown who end up filing for bankruptcy will have to do so not because they are careless, shopaholics, or addicted to gambling, but because of something over which they have no control: the decisions of a handful of powerful legislators. At Behm Law Group Ltd, we understand that this is true not just for furloughed government workers, but for most people who file for bankruptcy. Their financial problems were caused by forces and events over which they had no control, such as a CEO’s bad business decisions, skyrocketing medical costs, or the lagging economy.

At Behm Law Group Ltd, you will find understanding bankruptcy attorneys who will handle your case with compassion and professionalism. We know it’s not your fault. All we want is to help end your personal financial crisis. If your finances are being ruined by forces out of your control and you’re not sure what to do, call Behm Law Group. We can help you.

 

Tags: Bankruptcy Advice · Bankruptcy Attorneys · Bankruptcy Information ·


 

0 responses so far ↓

  • There are no comments yet. Begin by filling out the form below.

Leave a Comment