Minnesotans Facing the CoronaVirus and Bankruptcy

Posted by Wesley Scott on April 4, 2020 at 4:42 PM
Wesley Scott

Life is strange and very humbling. For so many of us, just a month ago we were riding stock market highs, good incomes, and plenty of toilet paper. And then, all of sudden someone shut the lights off and everything went dark. The Coronavirus doesn’t care about the economy or your health. It destroys anything in its path. What are Minnesotans to do who have never missed a monthly payment in their life who all of sudden have no income?

 The truth? The truth is you must protect your family over your creditors just like any other time in your life. We all want to pay our bills. But, if you place me in a situation where I am forced to choose between protecting my family and protecting my creditors, I choose my family. Full stop. Everyone is the same. We all want to pay our bills. But when you are prevented from doing both, you will be forced to choose your family or creditors. Always choose your family.

What do you think companies do? They do the same thing. When companies cannot pay their bills, the companies protect themselves not their creditors. Many Minnesotans will face the prospect of a bankruptcy for the first time in their lives. Whereas the thought of filing a bankruptcy a few months ago would have been foreign to many Minnesotans, the idea of filing bankruptcy now has become far more real.

Do not make the mistake of waiting too long to seek help. The biggest mistake our former clients make, and they would tell you so, is waiting too long before they reached out for help from Kain & Scott.  Don’t make the same mistake they did.

 CONCLUSION

 When the time is right, or when you are ready, reach out to Minnesota’s NICEST bankruptcy law firm guaranteed or 100% off your fees*™ by scheduling a free strategy session to solve an overwhelming debt problem for good by going now to www.kainscott.com. You will be so glad you did!

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