Who Files for Bankruptcy in Mankato, MN?

Behm Law Group explains that anyone could find themselves in need of a bankruptcy attorney.

Let’s explore what type of Mankato, MN resident is most likely to file for bankruptcy. What if we told you the person could be short or tall, male or female, rich or poor, or even hard-working? Maybe this person has a lot of debt. Maybe not. The bankruptcy attorneys at Behm Law Group, Ltd. want you to realize that at a given point in time, that person could be you.

Certainly, poor financial habits can play a part in this scenario. Maybe people spend money they don’t have. Maybe Mankato residents could avoid bankruptcy simply by saving more. But, that’s a simplistic answer. Costs are rising faster than wages in most cases. People are living longer. In this uncertain economy, it can be difficult to predict how much money you and your family will need for future medical expenses and for retirement. The point is, Behm Law Group, Ltd. knows unforeseen circumstances can play a much larger role in determining which Mankato resident has to file for bankruptcy.

Natural disasters, layoffs, unexpected family changes, and unforeseen governmental policy decisions all contribute to the likelihood of bankruptcy for Mankato, MN citizens. You can punt, jab, swerve, and maneuver around it for only so long. In the end, if the money does not come in to cover your expenses, serious decisions need to be made. Consult the attorneys at Behm Law Group, Ltd. to help you navigate this troubling terrain.

Bankruptcy can be emotionally devastating. Know that others have been there, and they have survived. Bankruptcy does not necessarily latch on to a certain type of person. Unforeseen circumstances do not guarantee you will be knocking on that door either. Behm Law Group, Ltd. knows it is a possibility – for anyone. If bankruptcy seems likely for you in Mankato, give us a call. We can help you with the services you need and the dignity you deserve.

Beating Bankruptcy With Affirmations in Mankato, MN

Behm Law Group believes in the power of positive thinking.

Affirmations can work wonders. They set the stage for positive thinking. As you straighten your tie, you think, “I’m great at what I do.” As you tuck in your blouse, you muse, “I’m a good person.” Then you wink and smile at the mirror. Mankato, MN residents faced with bankruptcy know the best days have yet to come. Challenges do not last forever, especially if you actively think of a brighter future.

The bankruptcy attorneys at Behm Law Group, Ltd. want you to imagine a dream you have always wanted. Write it down. Post a note on your mirror with your goal. Slot a time in your daily agenda for contemplating the future. Let your mind ponder the possibilities.

Sometimes, Mankato residents can get broad-sided with bankruptcy. Life’s circumstances can change through no fault of your own. Maybe life is tugging at you, trying to tell you there is something better out there for you. Usually when people have dreams, they never think they are attainable. Therefore, they give up before they even start, until a disaster strikes. Behm Law Group, Ltd. knows a thing or two about disasters. Let us worry about the bankruptcy part, while you concentrate on your new beginning.

This is your chance to rev that energy into high gear, to plan, and to execute that plan. Surviving bankruptcy will become a reality, the disaster itself a distant memory. If you encounter a bump along the way, be thankful, for you just learned something in the school of life. Make time to re-group, to plan some more, and then to execute once again.

Behm Law Group, Ltd. wants you to know every journey has a beginning. Without a dream or plan, you can’t even take the first step, unless you want to arrive somewhere else. Decide where you want to go. Use affirmations to keep you mentally positive and to keep your dream possible. Without active engagement of your plan, you will likely wallow in confusion.

Affirmations work for the bankruptcy attorneys at Behm Law Group, Ltd. as well. When we stand tall in front of our mirrors, the ties gets straightened, the blouses tucked just so, and we smile, because we look forward to helping Mankato residents. We also smile because we feel great at what those same residents have been able to accomplish after bankruptcy. At Behm Law Group, Ltd. we want you to succeed. It’s in our nature.

Post-Bankruptcy Planning in Mankato, MN

Behm Law Group helps you plan for your future after bankruptcy.

Memories are eternal. Everyone cherishes their fondest memories rooted in pleasant times. Our surroundings, like a favorite restaurant or arcade, figure prominently in those dreamy recollections. No wonder we experience shock and dismay when one of those historic sites declares bankruptcy. That wasn’t just a part of any memory. That was part of OUR memory.

Although memories have already occurred, the bankruptcy attorneys at Behm Law Group, Ltd. believe it’s human nature to want to relive the pleasant times. Part of that re-experience involves visiting those places again. This voyage into the past can rekindle the positive energy we once felt. If, on the other hand, when a business is bankrupt, or hasn’t been managed properly, we feel unfairly cheated. It’s as though our memories were stolen from us. That can’t be, of course, because our memories took place much earlier.

Bankruptcy in Mankato, MN can look much like those mismanaged properties. The pleasant has been replaced with what we consider to be bad. We dwell about “What if?” The “what if” is possible only if you relinquish the past and grab hold of your future. Behm Law Group, Ltd. has heard countless memories. But that’s just it. They are memories.

Harness those pleasant experiences on your mind. You worked to create them before. Mankato, MN residents can work toward positive experiences after bankruptcy once again.

Historic buildings come and go. Fashions come and go. When you think about it, nothing is truly constant, because circumstances and environs change with the times. It’s inevitable. One thing is for sure though; the attorneys at Behm Law Group, Ltd. specialize in bankruptcy. Regardless of how bankruptcy has intersected with your life, we’ve got you covered. We know bankruptcy laws, typical client experiences, and yes, something about memories too.

If Mankato residents are willing to work with us, we can ensure a more pleasant experience than what you may have imagined. Behm Law Group, Ltd. may not be able to top sunbathing on a beach in Maui…after all, this is Minnesota. But we can help you to fashion the required steps to get you to Maui and create positive experiences and memories. Are you up for the challenge?

Creating a Financial Fitness Program

Behm Law Group helps Mankato area residents get their financial lives back into shape!

When was the last time you started a fitness program? We bet you had grand visions of a svelte body with toned muscles, at least for a few weeks. As soon as the habitual necessity becomes apparent to keep that body, the newness wears off. Instead of excitement, you anticipate the gym with dread. So you eye any fitness fad with desire. Maybe something new will be better. By now, Mankato, MN residents have determined physical fitness requires a regular regimen of discipline. Pick a sport, and stick with it. You will then secure the results you seek.

The bankruptcy attorneys at Behm Law Group, Ltd. want you to be aware of the financial fitness program. If Mankato residents don’t understand how they arrived at a state of bankruptcy, they won’t understand how to stay out of it. Just like physical fitness, financial fitness requires discipline. These are some steps we recommend:

1) Establish a budget for yourself and your family members. Let other family members participate in the process. They will be more apt to follow the rules everyone has agreed to, if they understand what those rules mean and why they were chosen.

2) Mankato, MN residents will be more likely to avoid bankruptcy by spending less than they earn. Sounds simple, yet with rising costs, this can be a real challenge for families. Discipline will be your friend.

3) Behm Law Group, Ltd. recommends you save some money for those unexpected circumstances, another fairly simple rule that can be harder to execute with limited funds and rising costs.

4) Mankato residents: beware of those credit and debit card offers! Choose wisely based on the lowest interest fees and the company with whom you’d prefer to do business. Plan to pay off any charges within the same statement period to avoid additional fees.

5) Although our attorneys can help you in the event of bankruptcy, we’d prefer you avoid it. Regularly monitor your bank and credit card statements to ferret out any fraud and incorrect charges. It might even behoove you to get ID theft protection.

Finally, Mankato: use that discipline to only purchase those items you need. Save the wants for when you are earning more money.

Even if you follow all of these steps, the bankruptcy attorneys at Behm Law Group, Ltd. realizes bad things happen to good people. Practice physical fitness to feel and to look your best. Practice sound financial fitness to achieve your best. If the weight of monetary burdens leave you financially weak, call upon Behm Law Group, Ltd. to help you whip your financial woes back to fiscal fitness.

401Ks and Bankruptcy in Mankato, Minnesota

Behm Law Group Explains the Connections Between Your Bankruptcy Filing and Your Retirement Account

What do 401Ks and bankruptcy have in common? A 401K is an asset. While bankruptcy itself is not considered to be an asset, the lawyers at Behm Law Group, Ltd. would make a case that bankruptcy planning might be. With employees having multiple jobs in their lifetimes, it is possible for an employee to leave the 401K with the previous employer. Over time, that 401K may simply disappear from the memory banks.

What happens if that previous company files for bankruptcy with your 401K in tow? It is possible Mankato residents will not be able to recoup that money. Did you know that even if you no longer work for a company, you can roll over the 401K to a different company of your choosing? By actively keeping abreast of a company’s financial health, you can ensure your 401K remains safe until you need it most. However, if bankruptcy looms, contact the bankruptcy attorneys at Behm Law Group, Ltd. for answers.

What happens if the company you are working for goes under? Is your 401K safe? Maybe not. Again, the bankruptcy lawyers at Behm Law Group, Ltd. would be happy to help the residents of Mankato and throughout Minnesota. Financial regulations change all the time. With so many demands on your time, it can be quite cumbersome to keep track of everything. As your financial landscape evolves, think ahead. Hope for the best, but plan for the worst. Mankato, MN residents can count on the bankruptcy attorneys at Behm Law Group, Ltd. to give them sound, friendly advice.

Behm Law Group, Ltd. wants the best for you. Ask us about your concerns. We will give you honest answers.

I Went Bankrupt: Now What?

Behm Law Group helps you recover and move forward after filing for bankruptcy in Mankato, MN

You can be your own worst enemy. Thinking about what you should have, could have, would have done can overwhelm Mankato, MN residents who have gone bankrupt. Simply kicking yourself or spinning negative thoughts will do more to hamper your forward momentum than anything else. As they say, you are what you think about. The bankruptcy attorneys at Behm Law Group, Ltd. suggest you change your paradigm.

Instead of spiraling downward, treat your bankruptcy as a puzzle problem. If you want to analyze the “whys,” we can help you sort the pieces into a sensible order. No blame is needed, only a determination to help yourself move forward. Finances got out of hand? Okay. Maybe learning how to create and follow a budget is in order. Your spouse spends too much? Maybe having separate checking accounts would work. Your child always wants the most expensive clothing? Perhaps saying “no” once in a while wouldn’t hurt either.

The point is, bankruptcy in Mankato, MN doesn’t signal the end, only another beginning. Your frame of mind is your number one asset you can use to improve your situation. The bankruptcy attorneys at Behm Law Group, Ltd. would be more than happy to discuss your opportunities. That’s right; if you allow yourself to think of possibilities, you can climb up and out.

We would be remiss if we led Mankato residents to believe no work would be involved. Let’s face it. If all the optimal choices and decisions were made, it’s likely bankruptcy wouldn’t have occurred. Therefore, some changes are due. Behm Law Group,  Ltd. can help you sort through the mass of information, so you can differentiate between the trivial and the important.

Nothing worth achieving is easy. If that were the case, you would have already mastered your predicament. So from now on, think of the present as a challenge. Mankato, MN residents have overcome other challenges. Let the bankruptcy attorneys at Behm Law Group Ltd. help you overcome bankruptcy. Let’s get going!

Murphy’s Law & Bankruptcy in Mankato, Minnesota

Behm Law Group can provide you with bankruptcy legal assistance when everything else is going wrong.

Mr. and Mrs. Mankato Minnesota bought their dream house one day with money they earned from their dream jobs. A few years later, they had two dream children. They saved and saved for their children’s college education and for their retirement. Sounds like the American dream, doesn’t it? Behm Law Group Ltd. has heard of many good intentions and practices through the years.

One day, the company Mr. Mankato Minnesota worked for lost an accident lawsuit against them. With the need to cut expenses to lessen the sudden financial burden, the company decided to downsize and outsource jobs. And that day Mr. Mankato Minnesota was fired from his dream job, losing his income, benefits, and a bit of his dignity. What a nightmare!

With the current slow economy and only one paycheck, things started to get tight financially. Because of the stress at home, the children started bickering. Eventually, their grades declined. Murphy’s Law continued to work its magic until finally Mr. and Mrs. Mankato Minnesota had to file for bankruptcy. The bankruptcy attorneys at Behm Law Group Ltd. want to help you fight against Murphy’s Law with expert bankruptcy law advice.

In order to do that, you need to call us. First, things usually are never as bad as they seem. Second, there is more than one type of bankruptcy to consider. Third, you won’t be able to progress very far if you don’t help yourself. You do that by letting Behm Law Group Ltd. help you. There’s really nothing to fear but the unknown. Our bankruptcy attorneys can give Mankato, MN residents a practical perspective complete with the necessary steps to thwart Murphy’s Law.

Behm Law Group Ltd. obviously can’t guarantee everything will always be rosy for you. No one can ensure that. Our bankruptcy attorneys can, however, put Mankato residents in the right frame of mind to deal with their situations sensibly. First, we do that by listening. Second, we ask questions to find out what your expectations and goals are. Third, we empathize. Fourth, we strategize with you to achieve the best possible results for your situation.

The bankruptcy attorneys at Behm Law Group Ltd. hope that in the future, Murphy’s Law in Mankato, MN will only mean you put on mismatched socks. We know you care. So do we. Call us.

Marriage Vows and Bankruptcy in Mankato, Minnesota

Behm Law Group provides prenuptial bankruptcy guidance and bankruptcy legal services for married couples in Mankato, MN.

What happens when “I do” leads to “I don’t?” Every person in love thinks a forever partner will be just that; forever. In fact, before the marriage, spouses-to-be are so giddy with the anticipation of a life filled with wonder and mutual admiration they often neglect to consider the “what ifs.” What if the marriage doesn’t work out? What if one or both of you lose a job? What if financial disaster strikes? How do we plan for these possibilities? When everything looks rosy, it can be difficult to think of bankruptcy in Mankato, Minnesota. Yet, Behm Law Group, Ltd. realizes this topic should be part of your plans.

With an uncertain economy, Mankato brides and grooms would be well-served to include the possibility of bankruptcy in their prenuptial agreement. Being positive and optimistic is wonderful, but doesn’t always cover the realities and surprises of life. A solid marriage and financial foundation includes the reality that unforeseen events can cause bankruptcy. Behm Law Group, Ltd. is well versed in all aspects of bankruptcy law and can inform you of the possibilities of succumbing to bankruptcy as well as how to get out of this quagmire.

Without a plan in the case of bankruptcy, Mankato spouses likely will experience a tremendous strain on their marriages. You both will already be frustrated. Frustrations will boil over into heated discussions with differing viewpoints. It would be easy to play the blame game. How does arguing solve your problem? The bankruptcy attorneys at Behm Law Group, Ltd. can bring the discussion back to a manageable, productive level.

We know bankruptcy in Mankato, MN is hard, but it’s only one part in a life consisting of a zillion parts. The bankruptcy attorneys at Behm Law Group, Ltd. care about you. You gave a forever oath to each other. That oath comprises all of life’s trials and turmoils, not just the ones you know how to manage.

The bankruptcy attorneys at Behm Law Group, Ltd. can help you navigate the uncharted waters of bankruptcy law.  Let us help you to help yourself and your marriage.

Bankruptcy and Children in Mankato, Minnesota

Behm Law Group Helps You Consider Your Child’s Future While Filing for Bankruptcy

Filing for bankruptcy in Mankato, Minnesota can be an intensely emotional experience; not just for you, but for your children as well. Everyone likes to feel like a winner. Children are no different in this regard. What happens when they go to school and overhear other students talk about their parents’ supposed problems? It would be easy to feel like an outsider at this point. The bankruptcy attorneys at Behm Law Group Ltd. understand more than just bankruptcy law. We know of your frustrations, doubts, and fear of the unknown. We are skilled in helping Mankato residents navigate the many issues of bankruptcy law.

It can be difficult to move forward with so many competing emotions dividing your family members. Bankruptcy does not have to be the end. It can simply be a new beginning. Think of a brighter tomorrow for you and your family. Then you will likely achieve it. The bankruptcy attorneys at Behm Law Group Ltd. sincerely want the best for Mankato residents.

Parents never want to be viewed as failures in their children’s eyes. The bankruptcy attorneys at Behm Law Group Ltd. empathize with you. We know how to handle delicate situations. Emotions of your children are just one consideration as you think about filing for bankruptcy.

Mankato residents may be wondering how bankruptcy would affect their children’s futures. Indeed, filing for bankruptcy could impact your children’s finances as well. Consult with the bankruptcy attorneys at Behm Law Group Ltd. to discover how you can secure your children’s finances while you deal with creditors.

Your children are just beginning their journeys in life. They need to realize that, sometimes, unfortunate circumstances happen. Behm Law Group Ltd. knows Mankato parents want to fulfill their obligations to protect their children to the best of their abilities.

For your bankruptcy filing issues, Mankato residents can feel comfortable contacting the bankruptcy attorneys at Behm Law Group Ltd. We care. We empathize. We deliver.

How Natural Disasters Influence Bankruptcy Claims in Mankato, MN

Filing for Bankruptcy in Minnesota | Tips from Behm Law Group, Ltd.

Since Hurricane Katrina, there have been changes and adjustments to bankruptcy laws. This is especially important for people that have been the victim of a natural disaster and lost all of their possessions and potentially their income. With the recent tornadoes and weather events in the South, Behm Law Group, Ltd. wanted to revisit the nuances of bankruptcy for disaster victims.

When an enormous weather event, such as Hurricane Katrina, strikes, the government may relax some of the laws associated with bankruptcy. In the instance of Katrina, the strict rules of Chapter 7 bankruptcy were relaxed to take into account the increased expenses and loss of property and income that disaster victims and their families experienced. Chapter 7 bankruptcy allows for debts to be completely erased. If the looser rules were not put into place after such large events, some families with higher income than the state’s median may have to repay their debt over a five year period.

Of course, these exceptions are due to extreme cases, like natural disasters and other events that impact an entire geographic area. It is still applicable to residents of Minnesota that sometimes experience tornadoes and flooding statewide.

To help you navigate the intricacies of bankruptcy law, call Behm Law Group, Ltd, your local bankruptcy attorneys based in Mankato, Minnesota. Filing for bankruptcy, whether Chapter 7 or Chapter 13 is never an easy decision, and it certainly isn’t a simple process. We are here to help you through the hardest times in your life, whether they are naturally occurring or caused by a natural disaster.