Credit Repair and Getting Loans After Bankruptcy

Even if you’re facing severe financial difficulties, the social stigma around filing for bankruptcy can get in the way of making decisions that will positively affect your circumstances in the long term. But, getting past the negative social ideas around filing for bankruptcy might be the best choice you can make for your household’s financial health and overall quality of life.

 

The debt relief that bankruptcy provides alleviates the burden of unpaid bills and loans, prevents creditor harassment, stops foreclosure, and eliminates wage garnishment. Despite the truth that bankruptcy will damage your credit score temporarily, once your case is closed, you can start with a fresh financial slate where a lowered credit score might not even matter.

 

If you’re considering filing for bankruptcy, Behm Law Group, Ltd. can guide you through the process and help you begin your path to credit repair in Marshall, MN and the surrounding areas.

 

Though its damage to your credit score is far outweighed by its benefits, filers should keep in mind their standing after their case is closed. Filers with good credit scores will experience a significant drop after filing for bankruptcy, but those with a poor score will only see minor changes. Even though your score drops when you file, the post-bankruptcy period is an ideal time for effective credit repair.

 

In addition to having an opportune moment for credit repair, filers will most likely still be able to get loans of necessity after their case is closed despite a score drop. Credit card loans are often the easiest lines to open after filing, but other important loans like mortgages and car loans are also possible.

 

Credit Cards: Credit card companies will jump to offer you lines of credit if they know you’ve just finished a bankruptcy case. Because you won’t be allowed to file another case any time soon, they know you won’t be able to discharge any debts you rack up on their cards. Those who have just filed for bankruptcy should be wary of extreme interest rates, high annual fees, and potential hidden charges.

 

Auto Loans: Even if you have a large dent in your credit score after filing, you’ll probably still be able to get a reasonable car loan. However, most of these loans will come with poor loan terms and excessive interest rates. Autocreditexpress.com is a service available that helps you determine if you’re eligible for better car loans other than those offered by “bottom feeder” creditors.

 

Mortgages: For the most part, you’ll have to wait two to four years after your bankruptcy case is closed to be eligible for conventional mortgages. FHA loans might be available to those still in their Chapter 13 bankruptcy repayment period or to those two years after their Chapter 7 case is closed. While these are minimum periods, many filers will have to wait longer to get a mortgage depending on the lender and their current finances.

 

To learn more about bankruptcy and credit repair in Marshall, MN, contact Behm Law Group, Ltd. today at (507) 387-7200 or stephen@mankatobankruptcy.com.

How a Bankruptcy Attorney Can Help Prevent Case Dismissal

If you’re struggling to make monthly debt payments, you’re not alone. Especially after the impacts the coronavirus pandemic made on the U.S. economy, thousands of American households are finding their finances catastrophically impacted. Despite all the changes the pandemic forced on our country, there is still an option that has always been there for those who cannot repay their debts: bankruptcy. While bankruptcy is sometimes cast in an unfavorable light, it’s actually a process that has helped many debtors regain long-term financial stability. However, the process of filing a bankruptcy petition can be complicated, and the handling of debt in any given case is nuanced. Because of this, the help of a bankruptcy attorney can be key to filing a successful case. At Behm Law Group Ltd., we offer comprehensive legal services, including protection and guidance for those looking for an expert bankruptcy attorney in St. Peter, MN, and the surrounding area.

Filing for any type of bankruptcy comes with a set of requirements and thorough examination of the filer’s financial records. This includes detailed paperwork and documentation of debts, income sources, and properties. It also includes a set of pre-bankruptcy requirements that almost every filer must satisfy before his or her petition is even set into motion. The guidance and support of a bankruptcy attorney can help prevent many common reasons that could cause the dismissal of your bankruptcy case.

The help of a bankruptcy attorney can prevent case dismissal due to:

  1. Failure to attend credit counseling: Every filer is required to attend a credit counseling session within 180 days before the filing of his or her bankruptcy petition. A bankruptcy attorney can help you find a court-approved credit counseling agency so you can attend the 60- to 90-minute session at your convenience.
  2. Intentional or unintentional fraud: If you’re planning on committing bankruptcy fraud, forget about any credible attorney helping you in that effort. Filers attempting intentional fraud will likely have their cases denied and could even be criminally prosecuted. However, there are occasions in which a filer is well intentioned, but because of mistakes on his or her petition paperwork, there is no actual fraud committed.  A bankruptcy attorney will, for the most part, put your paperwork together for you, ensuring accuracy and helping to prevent mistakes that might lead to your case being dismissed.
  3. Ineligibility for Chapter 7 bankruptcy: Because Chapter 7 bankruptcy is reserved for those with an income below the state median income for a similar household, there are many filers that won’t qualify for that chapter. While a bankruptcy attorney can’t make you qualify for chapter 7 bankruptcy if you do not pass the Means Test, the attorney can help you organize your paperwork, review your monthly income and expenses, and help you file a Chapter 13 bankruptcy case in which a reasonable three to five year repayment plan is proposed.

Both Chapter 13 and Chapter 7 bankruptcies are nuanced processes that can vary greatly from case to case. Take advantage of the skill and protection that a bankruptcy attorney in St. Peter, MN, and the local area can provide you, and contact Behm Law Group Ltd. at (507) 387-7200 or stephen@mankatobankruptcy.com today.

 

Why the Help of a Bankruptcy Attorney is Important for 2021 Bankruptcies

The difficulties of the coronavirus pandemic and a changing economy are still affecting all American citizens, and those effects come with significant financial struggles for many. The initial boost of stimulus checks, federal additions to state unemployment benefits, and room for accommodation on debt payments helped many stay out of bankruptcy throughout much of 2020. Without those benefits, pressure for unemployed households, business owners, and even those with steady incomes is projected to create a surge in bankruptcies in 2021.

 

While it’s possible to file for bankruptcy relief without legal protection and guidance, it’s always beneficial to take advantage of the skills and expertise of a bankruptcy attorney. With Behm Law Group, Ltd., you can expect comprehensive protection and expert advice with a Behm bankruptcy attorney in Worthington, MN and the surrounding areas.

 

Behm Law Group, Ltd. is the only law firm in south central and southwestern Minnesota practicing in bankruptcy cases exclusively. Behm bankruptcy attorneys will work with you from the start to the finish of your case, guiding you through the highly nuanced bankruptcy legal process. We work with individual consumers, business owners, and family farmers filing for Chapter 7, Chapter 13, or Chapter 12 bankruptcy.

 

Filing for bankruptcy, even when there isn’t a global pandemic going on, can be difficult. The bankruptcy code can be complicated and the process of filing is nuanced, requiring filers to meet strict specifications and requirements. If you’re thinking about filing for bankruptcy relief, it’s highly recommended that you seek out the advice of a trained bankruptcy attorney.

 

This coming year, however, might make the bankruptcy process even more difficult and intricate due to added laws regarding COVID-19 and care packages. The question of how different incomes are treated in any bankruptcy will involve additional income sources established in response to the coronavirus, such as potential future stimulus checks and additional state and federal unemployment income.

 

Household conditions directly impacted by the pandemic will also be taken into consideration when a bankruptcy case is filed. This may include how medical debts are treated or whether filers’ health conditions caused by COVID-19 infections could be handled as a disability or as an undue hardship.

 

With 2021 starting a new presidential term as well, it’s difficult to predict how bankruptcy law might change in the near future. The slightest changes could affect how a case is handled and may even prevent a filer from qualifying for bankruptcy relief. At Behm Law Group, Ltd., we expect 2021 to have extremely high bankruptcy rates and we expect that there may be many changes to the bankruptcy code, making it more crucial than ever to seek the help of an experienced bankruptcy attorney.

 

To learn more about our services as a law firm and to locate an experienced bankruptcy attorney in Worthington, MN, contact Behm Law Group, Ltd. today at (507) 387-7200 or stephen@mankatobankruptcy.com.

Part 3: Costs of Filing for and Hiring Bankruptcy Assistance

In the previous Parts 1 and 2 of this blog, we covered what bankruptcy fees you will be required to pay if you file, and what an attorney may cost as well as why it costs this much. In Part 3, the final section, we cover ways for you to pay those costs and what you can do if you are truly unable to pay certain required costs. If you are considering filing for bankruptcy, you need to understand the fees you’ll have to cover and what the full cost of a bankruptcy case of any chapter may be. Behm Law Group Ltd. provides expert bankruptcy assistance in New Ulm, MN, and the surrounding area.

 

While there are many costs involved in the bankruptcy process, and we understand that attorney fees can seem daunting, there are many ways of covering those costs.

 

How to Pay

If you can, you’re certainly able to pay bankruptcy fees and attorney costs with one lump sum. However, some people are not able to pay the fees and costs in full and all at once. This makes perfect sense since they are in dire financial circumstances that are requiring them to file for bankruptcy debt relief in the first place. For those who cannot afford the fees and attorney costs up front, there are other ways to pay.

 

  1. Payment plan: If you are filing for Chapter 7 bankruptcy, you can generally set up a payment plan for the attorney’s fees and court costs. An installment plan can be established as long as your fees are paid in full before your petition is filed and in a minimum of four installments.  Any bankruptcy attorney who is decent and worth hiring will not agree to file your bankruptcy case and then agree to accept monthly payments from you.  Such an arrangement is highly irresponsible and unethical because the same attorney helping you through your bankruptcy would become one of your creditors.  Also, any credible attorney worth hiring would not expect you to ask a friend or relative to sign a personal guarantee for the payment of your attorney’s fees and costs.  Such an arrangement is also highly unethical and extremely inappropriate because it allows the attorney to legally pursue the friend or relative if you fail to pay.  Such an arrangement essentially allows the friend or relative to be drawn into your financial vortex of misery and that is simply not right.
  2. Waivers: For the bankruptcy court filing fee, you can request a waiver of the requirement to pay it. To qualify for a waiver, your income must be 150% under the federal poverty line and you must not be able to pay the court filing fee in an installment plan.  However, bankruptcy courts are generally extremely reluctant to grant such waivers because the bankruptcy court filing fees help fund the entire bankruptcy system from bankruptcy judges to bankruptcy court law clerks to bankruptcy court staff and more.
  3. Pro bono: Attorney costs can be high for those who are unable to meet the basic bankruptcy fees, but there are some lawyers who occasionally set aside time in their schedules to offer legal aid for free to those who truly cannot pay the attorney’s fees and costs themselves or are unable to rely upon other resources such as friends and relatives.
  4. Legal aid: Government legal aid is offered nationally for individuals who cannot afford an attorney. While these legal aid offices provide guidance and important information, not all of them will offer bankruptcy filing assistance.
  5. Friends and family: When all else fails, most filers can turn to their loved ones for financial support. Keep in mind that family debts must be disclosed in your bankruptcy if there is a legal contract or other official documentation or even if there is a non-written expectation that you should pay them back.
  6. Borrowing from a 401(k), IRA or Life Insurance Policy:  Sometimes people can borrow against their retirement plans or cash value life insurance policies to acquire the necessary funds to pay their bankruptcy attorney’s fees and bankruptcy court filing costs.
  7. Employer Provided Legal Insurance Plans:  As part of a benefits package for their employees, some employers offer legal insurance plans such as ARAG Legal Insurance.  Typically, legal insurance plans will pay up to $2,000.00 towards bankruptcy attorney’s fees.  However, you must still pay the bankruptcy court filing fee of $335.00 for a chapter 7 case or $310.00 for a chapter 13 case.

 

Some filers also sell some of their possessions that will be exempt from the bankruptcy process, such as electronics, antiques, furniture, jewelry, and so on in order to pay for their attorney’s fees and bankruptcy court filing costs.

 

Filing for bankruptcy should be the opposite of a financially crippling experience. Because of that, there are many ways to pay the required fees and to get legal aid. To learn more about receiving bankruptcy assistance in New Ulm, MN, contact Behm Law Group Ltd. at (507) 387-7200 or stephen@mankatobankruptcy.com.

 

How to File for Bankruptcy with and without a Bankruptcy Attorney

If you’re struggling to meet monthly debt requirements as an individual or a business, you may want to consider filing for bankruptcy as a long-term debt relief solution. Filing for bankruptcy may seem like a drastic choice with some negative effects on your credit, but in reality, bankruptcy has helped thousands of debtors regain their financial footing and improve their quality of life with the reduction of debts.

 

If you’re planning on filing for bankruptcy, there are several ways to do it, with or without the assistance of a bankruptcy attorney. At Behm Law Group, Ltd., we know that there are many individuals who can’t afford a bankruptcy attorney in Jackson, MN and the surrounding area, and we want you to know your options.

 

Filing for bankruptcy is a legal process that’s done through the U.S. bankruptcy court system. Because of this, it requires a comprehensive amount of documentation and paperwork that covers your entire financial history, including debts and income. In addition to the required paperwork, there’s a significant amount of pre-bankruptcy requirements that must be done before you file a case.

 

Filing a petition is a complex process where one will greatly benefit from the guidance of a trained legal professional. With or without an attorney, there are four main ways you will file:

 

  1. Attorney filer: If you can afford a bankruptcy attorney, you’ll have the easiest and most positive experience in filing. An attorney will do many things for you throughout your case. Learn more about what an attorney does here.
  2. Non-attorney petition preparer: If you absolutely cannot afford an attorney and can’t find one that will offer pro bono services, you can use a bankruptcy petition preparer instead. A petition preparer will fill out documents and forms for you and give them to you to send in.  The BAPCPA has guidelines and warnings for working with a petition preparer.
  3. Federal bankruptcy forms: To prepare your petition yourself, it’s recommended you visit a legal aid center for guidance on how to file. You can access the federal bankruptcy forms on the U.S. court website and download all the documents you’ll need to fill out. These templates, while standardized, do not provide any guidance on filling them out.
  4. Bankruptcy software: Filers can pay to use a software program that functions similar to online tax programs. The program will walk the filer through their financial records, asking questions and providing digital forms. However, these programs can be inaccurate because they can have issues translating the more nuanced parts of a filer’s financial circumstances and they are not always accurately updated in a timely way.

 

In general, taking advantage of the knowledge and legal protection of an attorney is the best-case scenario for putting together your petition and filing your bankruptcy. To learn more about filing for bankruptcy with or without the help of a bankruptcy attorney in Jackson, MN, contact Behm Law Group, Ltd. today at (507) 387-7200, or stephen@mankatobankruptcy.com.

Part 2: Costs of Filing and Hiring Bankruptcy Assistance

Part 1 of this blog covers the bankruptcy fees involved in filing an individual consumer petition and breaks down what each fee applies to. Part 2 covers the costs of hiring an attorney and why the fees are what they are. As a provider of bankruptcy assistance in Mankato, MN, Behm Law Group Ltd. understands the difficulty that many filers have in trying to come up with the legal fees to file for bankruptcy relief. Our goal is to offer a better explanation of what these fees cover and why it is still important to take advantage of the expertise of an attorney no matter what type of chapter you file for.

 

In Part 1 of this blog, we generally placed the cost of a Chapter 7 case between $1,000 and $3,500, and a Chapter 13 case between $2,500 and $6,000. The largest part of that cost will typically be the fee for hiring an attorney. Despite this cost, it is almost always recommended that you take advantage of an attorney to assist you.  The bankruptcy code is a very complex system that can be extremely difficult to pick apart without experienced assistance. Many filers have their cases dismissed or be otherwise unsuccessful, wasting time and money, when this wouldn’t have happened with the help of an experienced lawyer. But why should I pay a lawyer? Put simply, a bankruptcy lawyer will do a lot more than you may initially realize and the lawyer will be there for you from the start of your bankruptcy case to the end.

 

What Lawyers Do

Bankruptcy attorneys build your case for you: organizing documents, gathering financial information, examining all your debts and properties, and creating a financial plan for your future. They also help you meet pre-bankruptcy requirements and protect you from creditors. In addition to all of this, they take on the vast majority of communication and organization among all parties involved (you, your creditors, the trustee, and the court). Overall, a bankruptcy attorney takes a significant burden off of your shoulders in many ways.

 

 

Attorney Costs

The cost of an attorney largely depends on your financial circumstances and any anticipated complexities involved in your case. It may also depend on the attorney involved, since some more experienced attorneys – attorneys who specialize only in bankruptcy matters — can charge more than lesser experienced lawyers who may not have been practicing as long and who may not be nearly as experienced with the bankruptcy process. Minimum costs are around $1,000, while maximum fees can exceed $5,000. To prevent excessive charges, the bankruptcy court reserves the right to examine the charges and make sure that they are reasonable. Many attorneys offer free consultations, and there are lawyers that reserve some of their time to offer pro-bono services to filers who absolutely cannot pay for bankruptcy assistance. In Part 3 of this blog, we’ll cover how you can pay bankruptcy court fees and attorney costs.

 

To learn more about receiving bankruptcy assistance in Mankato, MN, or to get a fee quote today, contact Behm Law Group Ltd. at (507) 387-7200 or stephen@mankatobankruptcy.com.

Importance of Bankruptcy Attorneys Even with the Automatic Stay

As with any other legal process, it can be difficult and complicated to navigate the bankruptcy court system, including correctly filling out the right forms and paperwork, and understanding which dates and stipulations mean what. Unlike most other types of legal processes, bankruptcy is one that can be handled without the assistance of an attorney. However, bankruptcy is a highly nuanced system that can change in an instant with the introduction of a new form, different financial circumstances, or the decision of an attorney or trustee. Because of this, it’s strongly recommended that filers take advantage of the resources and protection a bankruptcy lawyer can provide. When you work with Behm Law Group Ltd. expert bankruptcy attorneys in Luverne, MN, you are ensured a neatly compiled case that offers long-term effective debt relief.

 

Individual consumer filers can use Chapter 7 bankruptcy to liquidate their non-exempt assets in exchange for debt relief or they can use Chapter 13 bankruptcy to reorganize their debts into a three- to five- year repayment plan suited to their unique financial circumstances. No matter which chapter you file for, however, you will immediately receive the benefits of the automatic stay.

 

The automatic stay is a routine procedural rule for bankruptcy cases. It goes into effect the moment a bankruptcy petition is filed. The implementation of the automatic stay prevents creditors from collecting debt payments from you, stops them from filing claims or lawsuits against you, keeps them from enforcing liens on any of your assets, and establishes a formal reconciliation or balance between them and you for the duration of your bankruptcy case. This legal reconciliation or balance prevents creditors from contacting/harassing you or sending other collections agencies after you.

 

The automatic stay protects you from your creditors while your bankruptcy case is being worked out, but it is still important to have the protection, guidance, and expertise of a trained and certified professional bankruptcy attorney. Aside from the valuable work of organizing your case, filling out the correct paperwork, establishing communications with the court, and overall guiding you throughout your case, a bankruptcy attorney can protect you against your creditors if uncommon events should occur. For example, the court could lift the automatic stay if one or more creditors file a motion to lift it. Additionally, creditors can ask the trustee administering your case to take action against you if they believe you have engaged in fraudulent behavior, object to the discharge of a particular debt, protest your paperwork, and take many other actions that can damage your case or leave you unprotected.

 

The helping hand of bankruptcy attorneys is often the key in forming a strong case that will produce successful results, and it is also critical for protecting you against any actions your creditors might take that compromise the automatic stay or introduce new legal proceedings.

 

To learn more about the help bankruptcy attorneys in Luverne, MN, can offer, contact Behm Law Group Ltd. at (507) 387-7200 or stephen@mankatobankruptcy.com today.

Handling Payday Loans in Bankruptcy

If you are considering filing for bankruptcy, it’s generally accepted that you should not be spending more on credit than is absolutely necessary. This includes purchasing anything from luxury items to car repairs that aren’t needed. Loans like payday loans from lending companies, paycheck advances, or other similar debts are handled in various ways in a bankruptcy case. The way they are treated depends entirely on the circumstances of the loan and your intentions. If you do file for bankruptcy in Marshall, MN and have payday loans, Behm Law Group, Ltd. can help you determine how they might affect your case, and our attorneys can guide you through a case to receive long-term debt relief.

 

If you have taken out a payday loan or received a paycheck advance, you will most likely receive a discharge of the debt if you file for Chapter 7. This discharge is ensured if you took out the loan for a necessity and you intended to repay it when the time came. Because it is an unsecured debt, it will be discharged in full in addition to other unsecured debts like credit card and medical bills. If you file for Chapter 13, your payday loan will be included in your repayment plan along with other unsecured debts.

 

If you did take out a payday loan and there are facts indicating that you did not plan to repay the debt, you may face some issues in your bankruptcy case. There are ways a creditor can prove that you fraudulently took out a payday loan or that you misrepresented your financial information when you requested an advance on your paycheck. To start proving you took out a loan without planning to repay it, a creditor can file an adversary proceeding. Presumption of fraud is particularly likely if you’ve taken a loan out 70 to 90 days prior to filing to bankruptcy. You may be asked to demonstrate that your actions were warranted and not fraudulent if you did take out a loan within that time.

 

In most cases, however, the court understands the conditions filers are in when they take out payday loans. Borrowers need money in advance to cover necessary expenses; indeed, this is something that is quite common. Because of this, most payday loans are taken out with good intentions to repay them in time. If you are worried that your payday loan might be considered fraudulent, filing for Chapter 13 bankruptcy and including it in your repayment plan might be a better option.

 

Overall, payday loans will be discharged or included in your repayment plan unless a creditor has grounds to file an adversary proceeding. To learn more about payday loans and filing for bankruptcy in Marshall, MN, please contact Behm Law Group, Ltd. today at (507) 387-7200 or via email at stephen@mankatobankruptcy.com.

Handling Bankruptcy Audits with the Help of a Bankruptcy Attorney

Filing for bankruptcy is a nuanced process that can be difficult without the assistance of an experienced bankruptcy attorney. No matter what type of bankruptcy you file for, the process can be greatly improved and filed without mistakes when you take advantage of the protection and guidance of a professional. Bankruptcy cases for individual consumers are typically formatted into Chapter 7 (non-exempt asset liquidation in exchange for debt discharge) or Chapter 13 (debt reorganization into a three- to five-year repayment plan). Both of these Chapters can be further complicated with the introduction of a bankruptcy audit. If you choose to file for bankruptcy, the help of a Behm Law Group Ltd. bankruptcy attorney in Owatonna, MN, can counsel and protect you in the face of an audit or any other legal hurdles you may face.

 

Bankruptcy audits are rare, but they are done routinely each year by the U.S. Trustee’s office, which can audit up to 1 in every 1,000 Chapter 7 and Chapter 13 cases and is required to audit a minimum of 1 in every 250 cases per district. The audits are randomly selected, but the office can also audit unusual cases based on an income or debt alert system.

 

In a bankruptcy audit, the Trustee’s office delegates an external auditing company to verify aspects of the case, including income, expenses, debts, and assets. You, as the filer, do not have to pay any fees in the audit, but you are required to provide copies of any requested financial documents.

 

The audit firm has 21 days to submit the audit report to the court, and the court uses that data to determine how the audit affects your case.

 

If your case is audited by random selection or based on the office’s alert system, a few outcomes can happen. If the court finds any issues in the audit with your case, you may have your case dismissed, your right to a discharge may be denied, or your case may be marked as fraudulent and criminal proceedings could be commenced if you have tried to use the process to hide assets. In most cases, if a bankruptcy filing is audited randomly, there are no issues and your petition continues through the court process normally and you get a discharge of your debts.

 

In some circumstances, filers may have made mistakes in their paperwork that appear fraudulent or must be remedied by reopening the case. With the support of a bankruptcy attorney, however, corrections can be made in the course of an audit and your case will not be dismissed and you will get a discharge of your debts. To file a case with integrity and receive long-term debt relief, contact Behm Law Group Ltd. at (507) 387-7200 or via email at stephen@mankatobankruptcy.com to get started with a bankruptcy attorney in Owatonna, MN, today.

Reopening Your Case with the Help of a Bankruptcy Attorney in Mankato, MN

If you recently filed a bankruptcy case and before you could receive a discharge or reorganization of your debts, your case was dismissed, don’t give up yet. There may be a chance you can reopen your case and successfully file for bankruptcy. Because there are many reasons why your bankruptcy case might be closed before it affects any of your debts, it’s highly advantageous to have the help and protection of a certified legal professional from the start. Whether you’ve filed and had your case closed or you are just considering bankruptcy as an option, Behm Law Group Ltd. can provide the guidance and advice you need from an expert bankruptcy attorney in Mankato, MN.

 

Cases are often closed due to an issue in the pre-bankruptcy requirements or in the paperwork you completed. Bankruptcy paperwork can be complex, and the pre-bankruptcy requirements are mandatory and can be rigorous. That’s why a case closure is frequently due to a failure to satisfy a court requirement.

 

Failure to:

  1. List an asset: If you neglected (accidentally or otherwise) to list an asset/property on the initial documents you are required to complete in your bankruptcy case, your case can be dismissed. However, if your case is originally dismissed due to your lack of accurate asset listing, you can reopen your case with the corrected paperwork. The guidance of a bankruptcy attorney is often key in filling out bankruptcy documents regarding assets.
  2. List a creditor: Even if a creditor will not be involved in the bankruptcy process in any way, you are required to list all the parties to whom you owe money. This includes lending companies, landlords, the court system, the government, and even friends and family. If you fail to list a creditor, chances are you can reopen your case with adjusted documents and direction from a bankruptcy attorney about the details of your creditors.
  3. Complete credit counseling: Every filer has to attend court-approved credit counseling sessions within 180 days before submitting a bankruptcy petition. Without the advice of a bankruptcy attorney, it can be difficult to find an approved counseling provider or to understand when a provider might take advantage of your situation. If your case was dismissed because you failed to complete credit counseling, you can reopen your case if you prove you’ve satisfied that pre-bankruptcy requirement.

 

To reopen you case, you simply have to correct anything you failed to do and submit an application that explains why you want to reopen your case. With that application, you also need to submit documentation that proves you have remedied any failures in the original submission. To learn more about reopening a case and why the help of a bankruptcy attorney in Mankato, MN, is important, contact Behm Law Group Ltd. at (507) 387-7200 or via email at stephen@mankatobankruptcy.com today.