Time has a way of flying by before you realize it. That’s what happened to me. I thought I had my entire life ahead of me but before I realized it, it was almost time to retire. I had enjoyed a good life and I was looking forward to enjoying my retirement with my family, until I received the news that no one wants to hear — “you have cancer.” Those first few weeks were spent in doctors’ offices discussing treatment options and attorneys’ offices preparing for the worst-case scenario. I fought cancer and I won! I have been in remission now for five years; however, the fight was very long and very costly.
Even though health insurance paid some of the medical costs, the medical bills kept piling up. I thought, “If I ever do beat cancer, I will never be able to retire because I will be paying medical bills for the rest of my life.” By the end of my cancer treatments, the portion I owed to various medical providers was staggering. There was no way that I could pay the medical bills on my present income much less with my retirement income. I considered pulling money out of my retirement account; however, if I did that, I would not have enough income to support my husband and myself during retirement. My situation seemed hopeless until a family member talked to me about filing bankruptcy.
I Learned Filing Bankruptcy is a Positive Experience
I had considered filing bankruptcy before; however, I had heard that most people who file bankruptcy lose everything they own. I did not want to jeopardize my house and my other property by filing bankruptcy. I also heard that filing bankruptcy was expensive, time-consuming, and difficult. My family member explained that he filed a bankruptcy case after experiencing a financial crisis and it was the best decision he had ever made regarding his finances.
He told me that after discussing his financial situation with the bankruptcy attorneys at Kain & Scott, he learned that most people who file bankruptcy keep all of their property while eliminating most, if not all, of their debts. He also explained that the attorneys at Kain & Scott made it very simple for him to file bankruptcy. Their staff was there to guide him during each step of the process and he was never given a stack of paperwork to complete on his own. In just two appointments, his case was filed. After hearing his positive experience filing bankruptcy, I decided to get more information about filing a bankruptcy for myself.
I Got My Life Back and I am Ready to Retire!
I called Kain & Scott and scheduled a free bankruptcy consultation with one of the Maple Grove, Minnesota bankruptcy attorneys. I was still nervous and I was not sure that filing bankruptcy would be the best way for me to take care of my financial problems. During the consultation with the attorney, he discussed several options to resolve my debt problem, including filing a Chapter 7 bankruptcy. He explained the process, including the advantages of filing a bankruptcy. He also answered my questions about any disadvantages of filing and he explained how the advantages far outweighed any disadvantages that I had heard about from other sources. I greatly appreciated the fact that the attorney took the time to learn about my specific financial situation as well as taking the time to patiently and fully answer each of my questions and address all of my concerns.
After learning about the bankruptcy process and what filing a bankruptcy petition could do for me, I decided to file a Chapter 7 case. I retained Kain & Scott that day and met with one of their staff members who helped me with everything needed for filing my case. Six months later, my bankruptcy case was closed, I had a complete discharge, and I was on my way to enjoying my retirement.
Filing bankruptcy gave me my life back by protecting my retirement and my other property while eliminating all of my medical debts and other unsecured debts. The Maple Grove, Minnesota bankruptcy attorneys at Kain & Scott made the process less stressful, less embarrassing, and much easier than I ever imagined. I am thankful to the attorneys and the entire staff for helping me at a time when I had lost all hope of getting my life back. Now I can look forward to a life full of both physical, and financial health!
