Your disposable income plays a large part in determining your path when it comes to filing for bankruptcy as an individual. This income is taken into consideration with your debts and the value of your assets and properties. The result decides whether you qualify for Chapter 7 or Chapter 13 bankruptcy. If your results don’t […]
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Entries Tagged as 'Chapter 13 Bankruptcy'
Good Faith and Debt Repayment Plans With Chapter 13 Bankruptcy in St. Peter, MN
May 31st, 2017 · No Comments
Tags: Chapter 13 Bankruptcy
Understanding Debt Repayment In Chapter 13 Bankruptcy in Mankato, MN
May 15th, 2017 · No Comments
Most individuals considering filing for bankruptcy have two main options: filing for Chapter 7 bankruptcy or filing for Chapter 13 bankruptcy. In the case of Chapter 7, a filer has qualified for this type of bankruptcy after passing the Means Test, determining that their debts and financial obligations outweigh their disposable income and estate value. […]
Tags: Chapter 13 Bankruptcy
Resolving Your Debts With Repayment Plans in Chapter 13 Bankruptcy in Windom, MN
March 27th, 2017 · No Comments
Of the two common bankruptcy options available to individual filers, Chapter 13 is the more varied and personalized code applicable to your debts. The repayment plan established when you file for Chapter 13 is unique to your own case, and it may be very different from the repayment plan of another individual. The financial situation—the […]
Tags: Chapter 13 Bankruptcy
What to Expect from a Meeting of Creditors when Filing for Bankruptcy in Owatonna, MN
December 29th, 2016 · No Comments
Filing a bankruptcy petition often seems intimidating to our clients because of the many steps and requirements involved in the process. While it’s true that bankruptcy proceedings in the U.S. have several requirements, forms, schedules, and a mishmash other legal formalities, filing for bankruptcy doesn’t have to be insurmountable. At Behm Law Group, Ltd., we […]
Tags: Bankruptcy · Chapter 13 Bankruptcy · Chapter 7 Bankruptcy
Foreclosure Proceedings with Chapter 7 and Chapter 13 Bankruptcy in Mankato, MN
November 8th, 2016 · No Comments
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., […]
Tags: Bankruptcy · Chapter 13 Bankruptcy · Chapter 7 Bankruptcy
Spring Ahead with Your Bankruptcy Timeline in the New Ulm, Minnesota Area
March 22nd, 2016 · No Comments
Last weekend throughout the New Ulm, Minnesota area and across the country, folks set their clocks ahead one hour. Time has been a topic of conversation throughout the last week as we’ve been adjusting to new times for daylight and nightfall and work to recover lost sleep. When it comes to your personal bankruptcy filing, […]
Tags: Chapter 13 Bankruptcy
Knowing When and How to File For Bankruptcy in New Ulm, MN
January 9th, 2016 · No Comments
Filing for bankruptcy may be a daunting task in New Ulm, MN, and knowing how and when to do so can be overwhelming. The attorneys at Behm Law Group, Ltd. will help you with your bankruptcy process by making it flow smoothly and easily. The timing for when you file for bankruptcy can be an […]
Tags: Bankruptcy Information · Behm Law Group · Chapter 13 Bankruptcy · Chapter 7 Bankruptcy
Delinquent Mortgages in Chapter 13 Bankruptcy
December 31st, 2014 · No Comments
Behm Law Group provides bankruptcy advice for Mankato, MN residents. The bankruptcy attorneys at Behm Law Group, Ltd., believe everyone deserves a second chance. You want your self-esteem and dignity back. You want to be a contributing member and a better citizen in society. You dream of financial solvency. Make that dream become your new […]
Tags: Bankruptcy Advice · Behm Law Group · Chapter 13 Bankruptcy
“Cramdown” Under Chapter 13 Bankruptcy in Mankato, MN
November 24th, 2014 · No Comments
Behm Law Group provides bankruptcy assistance for residents of the Mankato area. When traveling somewhere, many people cram all sorts of necessaries in their suitcases. The idea is to compress space, yet take what you want. Under 11 U.S.C. Sec. 1322 and 1325, when applied to Chapter 13 bankruptcy cases, a cramdown of a vehicle […]
Tags: Bankruptcy Advice · Chapter 13 Bankruptcy
What A Difference A Dollar Makes: Bankruptcy Law in Mankato, MN
February 28th, 2014 · No Comments
Mankato, MN Bankruptcy Law and Mortgage Lien-Stripping – Behm Law Group, Ltd. Bankruptcy law can turn on a dime, or at least a dollar. Consider, for example, the “mortgage lien-stripping” clause found in Chapter 13 bankruptcy. In cases where a debtor has a home with more than one mortgage, mortgage lien- stripping may come into […]
Tags: Chapter 13 Bankruptcy