Many of the Chapter 13 and Chapter 7 cases we work with are either individuals or households filing for bankruptcy. For those struggling financially with debts accumulated over the years, bankruptcy is often a beneficial option. When it comes to a family in need of bankruptcy help, it can actually be a good thing for […]
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Entries Tagged as 'Chapter 7 Bankruptcy'
Doubling Exemptions With Chapter 7 and Chapter 13 Bankruptcy In Windom, MN
July 13th, 2017 · No Comments
Tags: Bankruptcy · Chapter 13 Bankruptcy · Chapter 7 Bankruptcy
Selling in Foreclosure and Automatic Stay in Chapter 7 Bankruptcy in Pipestone, MN
July 12th, 2017 · No Comments
Owning a home with a mortgage is a major expense, and often, mortgage debts and foreclosure play a large part in filing for Chapter 7 bankruptcy. If you own a home and are having difficulty meeting mortgage payments, choosing to file might be the best course of action to recover from financial harm. Behm Law […]
Tags: Bankruptcy Information · Chapter 7 Bankruptcy
Protecting Your Money and How Filing for Chapter 7 Bankruptcy in Owatonna, MN, Affects Your Bank Accounts
May 8th, 2017 · No Comments
If you’re struggling financially, your debts and obligations may seem looming and unmanageable, but for many, the idea of bankruptcy is even more alarming. At Behm Law Group, Ltd., we find that many of our clients have had no reason to become familiar with the process of bankruptcy in the past and have unwarranted fears […]
Tags: Chapter 7 Bankruptcy
Understanding Non-Dischargeability Complaints When Filing for Chapter 7 Bankruptcy in Luverne, MN
April 27th, 2017 · No Comments
Filing for bankruptcy throws one’s debts into question in front of a Bankruptcy Court, one’s attorney, and one’s creditors. If one has passed the Means Test and is qualified to move forward with Chapter 7 bankruptcy, the dischargeability of one’s debts is generally not in dispute. Throughout the process of bankruptcy, however, questions and concerns […]
Tags: Chapter 7 Bankruptcy
Getting Rid of Tax Debts with Chapter 7 Bankruptcy in Mankato, MN
March 13th, 2017 · No Comments
Tax debts are a common problem for most struggling with accumulated financial burdens. Because taxes are so varied and ultimately required of every U.S. citizen able to work and own property, the debts associated with taxes are equally varied and unavoidable. While most of the time you cannot discharge tax debts with bankruptcy, there are […]
Tags: Bankruptcy Advice · Chapter 7 Bankruptcy
What to Do When Creditors Harass You After Your Chapter 7 Debt Settlement in Windom, MN
March 6th, 2017 · No Comments
Those who have accumulated debts they can’t handle alone often find rescue in filing for bankruptcy. Today’s U.S. Bankruptcy Code is designed to protect individuals and businesses from falling into even more critical financial situations. The idea of being bankrupt can leave a bad taste in one’s mouth and, while one might not enjoy having […]
Tags: Bankruptcy Advice · Chapter 7 Bankruptcy
What, When, and Why With the Wildcard Exemption When Filing for Chapter 7 Bankruptcy in Fairmont, MN
February 27th, 2017 · No Comments
When it comes to Chapter 7 bankruptcy, the idea established with the bankruptcy code was to find a balance between the discharging or getting rid of one’s debts and allowing one to retain enough assets to reorganize and not endure further financial hardship. Indeed, it would not make much sense and it would not be […]
Tags: Bankruptcy · Chapter 7 Bankruptcy
Motor Vehicle Exemptions and Keeping Your Vehicle When Filing for Chapter 7 Bankruptcy Relief in Redwood Falls, MN
February 22nd, 2017 · No Comments
At Behm Law Group, Ltd., we have often found that our clients considering bankruptcy know they could benefit from filing for Chapter 7 but balk at the idea of possibly losing some of their assets. However, the concern about losing assets is often exaggerated. The drafters of the bankruptcy code understood the need for households to […]
Tags: Bankruptcy · Chapter 7 Bankruptcy
The Top 3 Mistakes Made on the Minnesota Means Test When Filing for Bankruptcy in Jackson, MN
February 6th, 2017 · No Comments
Chapter 7 bankruptcy can be incredibly beneficial for those who are struggling with credit card debt, unmanageable mortgages, and most other forms of accumulated debt. Financially, Chapter 7 discharges the majority of your debt and liquidates your non-exempt assets in order to pay your creditors. While these may seem like drastic measures, Chapter 7 bankruptcy […]
Tags: Chapter 7 Bankruptcy
How to Qualify for Chapter 7 Bankruptcy in Redwood Falls, MN, With a High Disposable Income
January 31st, 2017 · No Comments
Whether you’ve become overwhelmed with credit card debt, accumulated debts over the years that outweigh your income, or struggled financially for any other reason, filing for bankruptcy might be your best course of action. For most individuals, Chapter 7 bankruptcy is a popular option because it alleviates a large amount of debt and makes rebuilding […]
Tags: Chapter 7 Bankruptcy