I am not suggesting that there are no scenarios under which I would sign a reaffirmation agreement. That would not be accurate. In fact, years ago, I had a guy who was living in St Paul, Minnesota and he had a home loan totaling $138,100.00. The mortgage company proposed a reaffirmation agreement where the guy would pay $86,340.00 to keep the house! That was a huge discount and the client totally jumped on it and signed the reaffirmation agreement with my approval.

Which St. Paul, Minnesota bankruptcy law firm you hire is an important question to ask yourself. There are not many stressors in life that are as high as the need to file bankruptcy. Do you really want to hire a law firm that treats you like a number and treats their employees like dirt? Of course not. I am sure you would not be shocked to hear that unfortunately some law firm’s don’t treat their employees very well and when that happens, guess who also suffers? Yes, you do! That is not right—especially in a time of vulnerability for our guests.

Choosing a lawyer is, arguable, almost as important as choosing a spouse (maybe, in some cases more important!) An attorney is going to be with you through some tough times and it is important for you to evaluate your options and know exactly who you are hitching up with!

Post-bankruptcy, one of the most important things that you will want to do is to check your credit report. There are three credit reporting bureaus you will need to go through in order to do this: Experian, Equifax, and TransUnion. Each of the bureaus generates its own individual report for each person. Doing a thorough check of your credit requires pulling reports from all three companies.

As Kain & Scott grows, adding more permanent locations and additional attorneys and team members, we want to improve our processes as well! We continuously work to make sure our clients have the best experience possible.

If you live in St. Paul, Minnesota and you have decided that filing Chapter 7 Bankruptcy makes sense for you and your family, you need to do this right now. Doing these things will make your Chapter 7 Bankruptcy filing go much smoother!

So, you have come to the decision to file for bankruptcy. You have weight your options and are ready to contact a Kain & Scott attorney to file your Minnesota bankruptcy case. There are a few things that you need to take into account and to be mindful of to ensure your bankruptcy goes smoothly and swiftly!

One of the key players in any bankruptcy is the trustee. The trustee is an appointed court official who is assigned to, essentially, be the neutral party between the debtor and the creditors. Most of the trustees work is behind the scenes. The trustee is meant to be a type of mediator and go-between so that both sides of a bankruptcy are equally represented.

The word “creditor” brings to mind harassing calls and threatening letters for most all of our clients –ruthless, unforgiving, and shameless in their tactics to collect on a debt. The goal of bankruptcy is to get these guys off your back for good. To do that, it is important to know exactly who you are dealing with. There are different types of creditors and they have unique types of claims that can affect your filing.

We want all of our clients to be well informed about all of their possible debt solution options. We also want all of our potential clients to have complete transparency about who Kain & Scott is, what we do, and how we may be able to help them get their life back! To achieve these goals we offer anyone who visits and browses our Kain & Scott website downloadable resources completely free!

We are not offended knowing that we are our client’s absolute last choice. We are not hurt when clients tell us they wished they did not have to be in the office and would rather be just about anywhere else. We know and we understand. Clients come to us having exhausted every other option. Some of those options (such as debt consolidation) having plunged them even deeper into overwhelming debt than what they started with!

Debt is a rip tide. You are swimming perfectly fine one minute and the next you are swept out to sea, no help in sigh, and growing ever more exhausted trying to keep your head above water. Debt seems perfectly manageable until all at once it’s not. Most times this is because of something completely out of your control. Job loss, medical procedure, vehicle accident. All it takes is one lone incident for the tide of debt to pull you far, far away from dry land.

Are you a Minnesota resident looking into debt relief options and wondering where the heck to even start? You have probably Googled “bankruptcy attorney” until you are blue in the face trying to decipher the difference between law firms and services. And, if you are like me, you are probably reasoning –“well, a big nationwide firm has to be successful and know what they are doing to have so many locations all over the place.”

Bonnie was in over her head with debts. She was suffering needlessly. So she did some on-line research and made a phone call to an out of state “law firm” that said they do bankruptcy work. She spoke to a sales person who was not a lawyer. The sales person said she could file Chapter 7 bankruptcy but before the case got filed she would have to make monthly payments and pay the fee in full before they filed her case.

We humans worry all the time. We worry about what happened in the past, what is happening now, and what will happen in the future. And then, we change a fact or two and run through the same worries over and over again. Is this true or what? We need to learn to relax and understand that life is a series of events, some good, and some downright ugly. But, we need to learn to go through these events with grace and dignity. Trust me, I am high anxiety. I know what it is like not to go through ugly events with grace and dignity.

Chapter 13 bankruptcy is a repayment plan that sets up debtors with a payment plan to pay off some of or all of their overwhelming debt. It is a longer term commitment than a Chapter 7, lasting 3-5 years as opposed to 3-6 months and that tends to make potential filers balk at filing a Chapter 13.