{"id":195,"date":"2014-05-29T09:23:25","date_gmt":"2014-05-29T14:23:25","guid":{"rendered":"http:\/\/www.mankatobankruptcy.com\/blog\/?p=195"},"modified":"2014-07-09T14:14:09","modified_gmt":"2014-07-09T19:14:09","slug":"mankato-mn-bankruptcy-the-basics","status":"publish","type":"post","link":"https:\/\/www.mankatobankruptcy.com\/blog\/mankato-mn-bankruptcy-the-basics\/","title":{"rendered":"Mankato, MN Bankruptcy: The Basics"},"content":{"rendered":"<h2>Behm Law Group, Ltd. provides assistance with Bankruptcy in Mankato, MN and surrounding communities<\/h2>\n<p>Under 11 U.S.C. \u00a7101(41), <strong>Bankruptcy<\/strong> can apply to debtors who are:<\/p>\n<p><i>An individual, a partnership, or a corporation or other business entity<\/i><\/p>\n<p>In plain English: ANYBODY. Yes, ANYBODY who has debt they can&#8217;t possibly repay can file for <strong>bankruptcy<\/strong>. BUT:<\/p>\n<p><i>Under 11 U.S.C. \u00a7 109(g), an individual cannot file under chapter 7 or any other chapter, however, if during the preceding 180 days a prior <strong>bankruptcy petition<\/strong> was dismissed due to the debtor&#8217;s willful failure to appear before the court or comply with orders of the court, or the debtor voluntarily dismissed the previous case after creditors sought relief from the <strong>bankruptcy court<\/strong> to recover property upon which they hold liens.<\/i><\/p>\n<p>TRANSLATED: If you filed for<strong> bankruptcy<\/strong> and didn\u2019t show up for your <strong>bankruptcy hearing<\/strong> or didn\u2019t follow court orders or if a creditor asked for relief from your bankruptcy case to repossess an asset and you, thereafter, asked that your bankruptcy case be dismissed, you can\u2019t file for bankruptcy again for at least six months.<\/p>\n<p>And:<\/p>\n<p><i>Under 11 U.S.C. \u00a7 109(h), no individual may be a debtor under <a href=\"http:\/\/www.mankatobankruptcy.com\/bankruptcy-chapter7.php\">chapter 7<\/a> or any chapter of the <strong>Bankruptcy Code<\/strong> unless he or she has, within 180 days before the filing of the bankruptcy case, received credit counseling from an approved credit counseling agency either in an individual or group briefing.<\/i><\/p>\n<p>TRANSLATED:<\/p>\n<p>If you\u2019re going to file for <a href=\"http:\/\/www.mankatobankruptcy.com\/bankruptcy-chapter7.php\"><strong>Chapter 7 bankruptcy<\/strong><\/a> or any other form of bankruptcy, plan ahead. If bankruptcy is in your future within the next six months, make a gesture of good will and attend credit counseling. You may find the counseling can&#8217;t help you remedy your current circumstances, but make the effort; it will help you in the future.<\/p>\n<p>Filing for bankruptcy is a hard and difficult decision and bankruptcy is a highly nuanced and specialized area of the law.\u00a0 To help you avoid any potential pitfalls and to get you through the process with peace of mind and with as little disruption to your life as possible, you should ask for help from someone who is educated, trained, and experienced in bankruptcy law. You shouldn\u2019t try untangling bankruptcy law language on your own. Simple mistakes caused by a lack of knowledge can cost you a lot of money and time. Let professionals who understand the bankruptcy system make your case for you.<\/p>\n<p><strong>Behm Law Group, Ltd<\/strong>. has attorneys on hand who can help you make sense of bankruptcy. We have extensive experience serving the communities in and around the Mankato, MN, area and all of Southern Minnesota when it comes to bankruptcy. <a href=\"http:\/\/www.mankatobankruptcy.com\/contact-us.php\">Call Behm Law Group, Ltd. today<\/a> and let us help you regain your foothold on firm financial ground.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Behm Law Group, Ltd. provides assistance with Bankruptcy in Mankato, MN and surrounding communities Under 11 U.S.C. \u00a7101(41), Bankruptcy can apply to debtors who are: An individual, a partnership, or a corporation or other business entity In plain English: ANYBODY. Yes, ANYBODY who has debt they can&#8217;t possibly repay can file for bankruptcy. BUT: Under [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[33,29],"tags":[],"aioseo_notices":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v19.8 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Behm Law Group | Mankato, MN Bankruptcy: The Basics<\/title>\n<meta name=\"description\" content=\"Behm Law Group, Ltd. provides bankruptcy advice and assistance for bankruptcy in Mankato, MN and surrounding areas. 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