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Behm Law Group, Bankruptcy Attorneys

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Entries Tagged as 'Bankruptcy Information'

Will Bankruptcy Destroy My Credit Score Forever?

July 5th, 2013 · No Comments

If you are in financial distress and considering filing for bankruptcy, you are no doubt wondering what bankruptcy will do to your credit score. Will it permanently damage your credit score? How long will the bankruptcy stay on your credit report? Can you ever be free from the black mark of bankruptcy? If you are […]

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Can Bankruptcy Keep Me From Buying a House?

June 26th, 2013 · No Comments

After the mortgage crisis of a few years ago, it is more difficult for people to obtain a home loan. This is especially true for people with credit issues. So if you aren’t a home owner and are considering filing for bankruptcy, you might be concerned about your chances of buying your own home. Though […]

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When You Can’t Afford Your Payments

June 19th, 2013 · No Comments

You’ve heard it stated time and time again until it repeatedly drones in your head like a mantra; just make a budget and live within your means. At Behm Law Group we agree that everyone should live within their means and that keeping a budget makes financial sense. It sounds simple enough – just spend […]

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The Dangers of Filing Pro Se

June 12th, 2013 · No Comments

We live in a do-it-yourself society. You can find information on the Internet for doing everything from changing your engine oil to playing a jazz riff on the piano. However, there are some things you probably don’t want to do yourself—things only an expert should do. Unless you’ve been trained and have the right tools, […]

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The Hopelessness of Making Minimum Payments

June 5th, 2013 · No Comments

There’s a reason that the minimum payment on a credit card is so low, and it isn’t because the big credit card companies care about you or your finances. The minimum payment on a credit card may be convenient for you, but it’s designed to keep you in debt and making additional payments to them […]

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The Emotions of Filing for Bankruptcy

May 30th, 2013 · No Comments

If you are considering filing for bankruptcy, you are most likely under an enormous amount of stress. If your situation feels hopeless, try to understand that you’re not alone. At Behm Law Group LTD, we work with people in your situation every day. Although this can be a traumatic and depressing situation, we see the […]

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From Bondage to Hope

May 28th, 2013 · No Comments

From ancient times forward, societies have had different ways of dealing with debtors. Usually they were quite punitive and based on the faulty presumption that people acquire debts from some sort of moral failing. Fortunately, modern bankruptcy law has done away with these cruelties and provided bankruptcy as a means to start over. Debt bondage […]

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Chapter 7, Chapter 12, and Chapter 13 Bankruptcy

May 1st, 2013 · No Comments

The three types of bankruptcy that people can file for are Chapter 7, Chapter 12, and Chapter 13. A Minnesota personal bankruptcy attorney can evaluate your financial situation and advise you which type of bankruptcy best fits your circumstances. Chapter 7 bankruptcy Chapter 7 bankruptcy is sometimes referred to as liquidation bankruptcy. However, it isn’t […]

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Preparing for Bankruptcy

April 29th, 2013 · No Comments

After months or years of struggling with debt, you have decided that the only way to attain financial relief is to declare bankruptcy. By following these steps, you can ensure that the process goes smoothly from beginning to end. Gather your financial information Your attorney will give you a complete list of things you need […]

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When Should I File for Bankruptcy?

April 16th, 2013 · No Comments

While each individual’s financial situation is unique, there are valid reasons that cause one to consider filing bankruptcy. In many of these cases, this is the wisest course of action to take. This is not to say that bankruptcy is a decision that should be made lightly. A person considering bankruptcy needs to understand there […]

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