Behm Law Group, Bankruptcy Attorneys

In late November, reports covering the delicate financial situation of Dallas, TX, began to appear in several publications, including the New York Times. The possibility of Dallas filing for municipal bankruptcy has forced many individuals and small businesses tied into the city budget on the defense. Though Dallas is far from south-central Minnesota, its municipal […]

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In the early half of the 20th century, the bankruptcy system in the United States was much less rigorous than it is today, and could be abused with relative ease. This abuse led to hundreds of cases with less than deserving bankruptcy petitions, and the system was finally altered with successive overhauls and additions to […]

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Handling financial troubles alone is trying, but when you fall into a situation where filing for bankruptcy would be your best option, the process can often seem inescapably daunting. For an individual filer, Chapter 7 bankruptcy is the most common and generally the best option for relieving debt. Behm Law Group, Ltd. can help you […]

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For the second time in its 27 years as a U.S. free-trade fashion retailer, American Apparel® has filed for Chapter 11 bankruptcy—unofficially named “Chapter 22.” The company originally filed in 2015, struggled through its plans for financial recovery, and reentered U.S. bankruptcy courts in early November of 2016. American Apparel caters to the global market, […]

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Like most individuals and business owners, many of our clients are new to the bankruptcy process.  Many people view the bankruptcy process as being a perpetual black mark on their credit and an indictment of their personal character. This couldn’t be further from the truth. In fact, bankruptcy is a legal process specifically designed to […]

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In the majority of cases, filing for bankruptcy puts Minnesota residents and businesses back on their feet by erasing or significantly lessening much of their financial burden. In terms of mortgage debts and foreclosure, filing for bankruptcy will almost always alter the conditions of your mortgage debts to some degree. At Behm Law Group, Ltd., […]

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For many in precarious financial situations, the option of filing for bankruptcy seems to be only found down a long and complicated road of legal red tape and confusing fine print. At Behm Law Group, Ltd., we understand that it’s entirely normal for people and small businesses without a dedicated legal department to be unfamiliar […]

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Coping with the financial and personal hardships that come with debt can pose significant struggles for families and businesses alike. While these hardships put pressure on the lives of those involved, filing for bankruptcy is an option for Minnesota residents and business owners when the financial stress of debt becomes overwhelming. The process of declaring […]

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There are several common misconceptions about filing for bankruptcy, one being that only large companies or people with extreme wealth end up in situations that require bankruptcy filing. There is also the misconception that “regular” people only fall into bankrupt circumstances after irresponsible spending and racking up reckless debt. In reality, bankruptcy affects a diverse […]

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Filing for bankruptcy can be a saving grace and vital step in helping businesses and families get back on their feet financially. Becoming bankrupt, however, is stigmatized in many ways. A large part of that stigma comes from how bankruptcy can affect credit. The fear of damaged credit or a credit report stamped with the […]

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