Behm Law Group explains what happens to inherited money when you file for bankruptcy. Sometimes, one unfortunate outcome of the holidays is financial hardship. With an unknown future, you’re not sure whether or not to file bankruptcy. Consult with Behm Law Group, Ltd., to discuss your options. Residents of Mankato, MN: if your final decision […]
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Entries from November 2014
Inheriting Money & Bankruptcy in Mankato, MN
November 28th, 2014 · No Comments
Tags: Bankruptcy Advice · Behm Law Group
“Cramdown” Under Chapter 13 Bankruptcy in Mankato, MN
November 24th, 2014 · No Comments
Behm Law Group provides bankruptcy assistance for residents of the Mankato area. When traveling somewhere, many people cram all sorts of necessaries in their suitcases. The idea is to compress space, yet take what you want. Under 11 U.S.C. Sec. 1322 and 1325, when applied to Chapter 13 bankruptcy cases, a cramdown of a vehicle […]
Tags: Bankruptcy Advice · Chapter 13 Bankruptcy
Bankruptcy Law Regarding Spousal Debts for Mankato Residents
November 19th, 2014 · No Comments
Behm Law Group helps clients balance bankruptcy and divorce spousal debts. According to Minnesota bankruptcy law, Chapter 7 bankruptcy differs from Chapter 13 bankruptcy in the handling of spousal debts during a divorce. Chapter 7 bankruptcy is for a liquidation of debt. Chapter 13 bankruptcy is for a reorganization of debt. Therefore, under Chapter 13, […]
Tags: Bankruptcy Advice · Behm Law Group