When filing for bankruptcy, you’ll have to take all your property into consideration. Your home, car, and even expensive jewelry are part of your bankruptcy estate and will be handled according to the exemptions you can claim, the equity in your property, and any additional claims your creditors make. Whether you file for Chapter 7 […]
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Handling a Rental Property When Filing for Bankruptcy in Windom, MN
May 8th, 2018 · No Comments
Tags: Bankruptcy · Bankruptcy Advice · Bankruptcy Code · Chapter 13 Bankruptcy · Chapter 7 Bankruptcy · Minnesota Bankruptcy
Possible Plan Outcomes with Chapter 12 Bankruptcy in Jackson, MN
April 10th, 2018 · No Comments
The seasons of winter and spring in Minnesota are the most difficult times for farmers who support their households with income from agricultural sources. In fact, it’s a time when bankruptcies filed by family farmers spike across the country. In 1987, Chapter 12 bankruptcy was added to the bankruptcy code to help family farmers recover […]
Tags: Bankruptcy · Bankruptcy Advice · Bankruptcy Code · Chapter 12 Bankruptcy · Minnesota Bankruptcy
How a New Job Affects Chapter 7 Bankruptcy in Mankato, MN
April 3rd, 2018 · No Comments
If you’ve been struggling with extreme financial difficulties, bankruptcy is a way to find relief and recovery. If you have a low income or are unemployed, Chapter 7 bankruptcy is designed to help your situation. For individuals, Chapter 7 is the most common type of bankruptcy. It’s applicable to most situations for unemployed filers, low […]
Tags: Bankruptcy Advice · Bankruptcy Code · Bankruptcy Information · Chapter 7 Bankruptcy · Minnesota Bankruptcy
Major Bankruptcy Acts in the U.S. During the Twentieth Century and Their Significance for Bankruptcy in Marshall, MN, Today
December 21st, 2016 · No Comments
Bankruptcy laws have changed significantly since the early twentieth century, and even since the mid to late 1900s, amendments and jurisdictions have altered how bankruptcy cases in the U.S. are processed. To an individual or small business unfamiliar with the bankruptcy system, the information involved in bankruptcy laws can seem complicated, tedious, and even confusing. […]
Tags: Bankruptcy · Bankruptcy Code
Protect Yourself from Discrimination Against Bankruptcy Filers
February 24th, 2015 · No Comments
When discrimination makes the news, people pay attention. We all like to think we are fair-minded individuals. Even fair-minded individuals have differences of opinion. If it weren’t for these differences of opinion, we probably wouldn’t need a set of laws to follow. But, we do. The Mankato bankruptcy attorneys at Behm Law Group, Ltd., want […]
Tags: Bankruptcy Code · Behm Law Group
Defining “Undue Hardship” – Bankruptcy Law in Mankato, MN
February 14th, 2014 · No Comments
Mankato, MN Bankruptcy Law with Behm Law Group, Ltd. Generally speaking, discharging student loans via bankruptcy can difficult endeavor. However, when you’re facing outright bankruptcy—which can be challenging and stressful enough—it can’t hurt to explore all your options. It may surprise some people to learn there is a section of the Bankruptcy Code (11 U.S.C. […]
Tags: Bankruptcy Attorneys · Bankruptcy Code
Beware Fraudulent Transfers | Bankruptcy Law Tips
January 31st, 2014 · No Comments
Minnesota Bankruptcy Lawyers at Behm Law Group Ltd. If you wish to keep your friends and family members in your good graces, don’t attempt to transfer property to them if you anticipate filing for bankruptcy within the next two years and they don’t pay you a reasonable market value for the property. Embarking on such […]
Tags: Bankruptcy Advice · Bankruptcy Attorneys · Bankruptcy Code · Bankruptcy Information · Behm Law Group · Minnesota Bankruptcy
Know Your Preferences: Bankruptcy Assistance in Mankato, MN
January 30th, 2014 · No Comments
Mankato, MN Bankruptcy Attorneys at Behm Law Group, Ltd. If you made a credit card payment of more than $600, and within 90 days—the preference period—of that payment you filed for bankruptcy, your bankruptcy trustee can request to reclaim that payment. Don’t get too excited, however, because you won’t be getting that money back. Rather, […]
Tags: Bankruptcy Attorneys · Bankruptcy Code · Behm Law Group