Whether you file for liquidation bankruptcy (Chapter 7) or reorganization bankruptcy (Chapter 13), a bankruptcy estate – a legal entity that is separate and distinct from you, the bankruptcy filer – will be created by operation of the bankruptcy code. All of your property will essentially be dumped into the bankruptcy estate and, for a […]
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Entries from November 2017
Exemption Basics in Chapter 7 and Chapter 13 Bankruptcy in Pipestone, MN
November 30th, 2017 · No Comments
Tags: Bankruptcy Information · Behm Law Group
Understanding GAL Fees When Filing for Bankruptcy in Mankato, MN
November 14th, 2017 · No Comments
Just like the rest of the individuals in the U.S., those considering bankruptcy are often juggling many life situations. From divorce to custody battles, many of these situations involve legal procedures and can be difficult to reconcile in the face of filing for bankruptcy. If you’re considering filing for bankruptcy in Mankato, MN, Behm Law […]
Tags: Bankruptcy Attorneys
Case Dismissal With or Without Prejudice When Filing for Bankruptcy in Windom, MN
November 3rd, 2017 · No Comments
In the U.S., bankruptcy is an option for individual consumers and small businesses alike. Despite the access that all parties have to the bankruptcy code, today’s bankruptcy laws have many precautions to prevent filers from taking advantage of the system. Whether you commit fraudulent behavior purposefully or accidentally during your case doesn’t matter to the […]
Tags: Chapter 13 Bankruptcy
Stripping Secured Liens on Property During Chapter 13 Bankruptcy in Waseca, MN
November 1st, 2017 · No Comments
While Chapter 7 bankruptcy is designed to help individuals and small businesses with low incomes and dischargeable debts, Chapter 13 is more beneficial to those who may have higher incomes yet still struggle with financial obligations. Because in most cases you cannot qualify for Chapter 7 bankruptcy with an income higher than the Minnesota median […]
Tags: Chapter 13 Bankruptcy