If you’re an individual struggling financially in the United States, you have several options to resolve your debts effectively. These options include bankruptcy, which in many cases is a far more beneficial option than other remedies such as debt settlement or debt consolidation. Individual bankruptcy options commonly take the form of asset liquidation/debt discharge or […]
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Entries from March 2018
Priority Claim Treatment for Debts Resolved With Bankruptcy in Worthington, MN
March 29th, 2018 · No Comments
Tags: Chapter 13 Bankruptcy · Chapter 7 Bankruptcy
Categorizing Creditors When You File for Bankruptcy in Owatonna, MN
March 20th, 2018 · No Comments
Almost all U.S. citizens hold one or more forms of debt in their day-to-day financial obligations. This includes anything from mortgages to credit card debts, and most individuals find ways to work those debts into their budgets. If you’ve found yourself struggling to do this, however, you might consider bankruptcy. If you choose to file […]
Tags: Behm Law Group · Chapter 7 Bankruptcy
Details on the Credit Counseling Requirement for bankruptcy in Marshall, MN
March 9th, 2018 · No Comments
If you’re struggling to meet your financial obligations month-to-month, filing for bankruptcy is a real option. There’s often a vibe of foreboding around the idea of having to file for bankruptcy relief, but while it may not be what one wants to do (no one ever actually wants to file for bankruptcy relief), it can […]
Tags: Minnesota Bankruptcy
Understanding the Predischarge Debtor Education Requirement for Bankruptcy in Luverne, MN
March 2nd, 2018 · No Comments
Whether you file for liquidation or debt reorganization bankruptcy, it’s likely that one or more of your debts will be discharged in the process. Discharging debts in Chapter 7 serves to simultaneously relieve debtors of unmanageable financial hardship and allow fair treatment of creditors despite a lack of full repayment. In a Chapter 13 case, […]
Tags: Bankruptcy · Bankruptcy Advice · Bankruptcy Information · Chapter 13 Bankruptcy · Chapter 7 Bankruptcy · Liqudation Bankruptcy
Repayment Plan Periods and Their Role in Chapter 13 Bankruptcy in Pipestone, MN
March 2nd, 2018 · No Comments
As an individual consumer, you have two options if you choose to file for bankruptcy. You can—if your income fits the requirements of the Means Test—file for Chapter 7 bankruptcy and have many of your debts discharged in the process. However, if you do not pass the Means Test, your second option is to file […]
Tags: Bankruptcy · Bankruptcy Advice · Bankruptcy Options · Chapter 13 Bankruptcy · Minnesota Bankruptcy