In the early half of the 20th century, the bankruptcy system in the United States was much less rigorous than it is today, and could be abused with relative ease. This abuse led to hundreds of cases with less than deserving bankruptcy petitions, and the system was finally altered with successive overhauls and additions to bankruptcy law in the 1970s, 1980s, and early 2000s. Today, it can be difficult to file for bankruptcy in Redwood Falls, MN, without legal help such as the assistance Behm Law Group can provide.
Filing for bankruptcy without the advice and assistance of an experienced attorney can damage the validity of your petition, and for several reasons, it may even lead to your case being dismissed.
A common reason why many petitions are dismissed is because the filer did not complete a mandatory credit counseling course before filing. US law requires that all filers go through state-approved credit counseling, and failing to do so is ground zero for your case being dismissed.
All filers must also pay a filing fee in order to enter into the bankruptcy process. Without paying the court fees, your case will certainly be dismissed. For low-income filers, it is possible to apply to waive the court fees.
The Minnesota Means Test is applied to all bankruptcy cases, and failing this test will immediately render your petition null. The test is designed to measure your income against the median income of Minnesota households. If your income is higher than the median you will not be able to file for Chapter 7 bankruptcy, but you may have options for a Chapter 13 petition.
Failing to submit all the required information will also get your bankruptcy case a quick boot out the door. The forms, documents, and schedules needed to submit a complete petition are extensive and tedious, but Behm attorneys can help you organize and gather all of the necessary information.
The silliest way to guarantee the dismissal of your bankruptcy case is by failing to attend your meeting of creditors. Mark down the date of this short, mandatory meeting, and don’t be late.
Behm attorneys help you throughout the bankruptcy process, including helping you determine whether you qualify for bankruptcy and how you can become a viable bankruptcy candidate.
For more information about filing for bankruptcy in Redwood Falls, MN, contact Behm Law Group at (507) 387-7200.