Chapter 7 bankruptcy is the most frequently filed individual consumer case type. This type of bankruptcy discharges your debts in exchange for the liquidation of your non-exempt assets. While the loss of some property in return for the dissolving of certain debts is a possibility, such is not the case for most filers because they […]
Behm Law Group, Bankruptcy Attorneys
Bankruptcy News & Recent Cases
Entries from November 2019
How Government Debts Are Handled in Chapter 7 Bankruptcy
November 30th, 2019 · No Comments
Tags: Bankruptcy Information
Why Medical Bills May Be the Cause of Chapter 13 Bankruptcy in the United States
November 24th, 2019 · No Comments
Health insurance is expensive in the United States, largely because it is a highly privatized industry being unduly regulated by the federal government, which results in the federal government mandating many types of coverage that many people don’t want and don’t need. Providers of health insurance do their best to create plans that protect their […]
Tags: Bankruptcy Information
Handling Social Security Overpayments Through Bankruptcy
November 17th, 2019 · No Comments
If you’re retired or disabled, you’re most likely receiving social security payments from the U.S. Social Security Administration (SSA), and it may also be likely that those checks are your main source of income. If you’re struggling with debts and on a strict budget, you may need to find debt relief through filing for bankruptcy. […]
Tags: Bankruptcy Information
Filing for Bankruptcy Again: Waiting Periods and Other Important Details
November 12th, 2019 · No Comments
If you’re working through a difficult financial time, you may have begun looking for debt relief options already. Certain debt relief options might be more useful to you than others, depending on your situation. However, keep in mind that any kind of relief is a difficult, complex process. Because of this, it can be extremely […]
Tags: Bankruptcy Information
Overview of Some Bankruptcy Statistics since 2005
November 7th, 2019 · No Comments
In 2005, the Bankruptcy Abuse Prevention and Consumer Protection Act (BAPCPA) became law in response to the rapid spike in individual consumer bankruptcies. The difficult economy of the early 2000s pushed many people into serious debt, and filing for bankruptcy was the best option available to them for long-term debt relief. However, it also created […]
Tags: Bankruptcy
Protection of Disabled Veterans with the Extension of a Bankruptcy Code Bill
November 4th, 2019 · No Comments
The U.S. federal government works in many ways to protect the rights and wellbeing of military veterans, recognizing their work and sacrifice for our country. Despite this, many veterans still struggle in different ways. Unless you’ve served the required minimum of 20 years, it’s likely that you aren’t on a government pension or health care […]
Tags: Bankruptcy Code