Life is so amazingly humbling. One minute you are feasting on life, good relationships, good money, and all seems like it is clear blue skies ahead. And then suddenly, the sky turns black, and your life seems to be on a never ending bumpy path filled with stressed relationships, debts, and heartache. It can happen fast. It usually does.

For one Minnesota couple the journey was not that rosy from the start. We will keep their names confidential, of course, but it started out shortly after (fictional names) Greg and Lisa’s wedding over 22 years ago.

Many people are concerned about how a bankruptcy will reflect on them and what impact it will have on their life and finances moving forward. Because of the stigma surrounding Bankruptcy, a legal process designed to provide US citizens with a means for financial recovery when needed, many people don’t talk about their financial hardships or their experience going through the Bankruptcy Process. We will be talking Dean in this segment and gaining the insight of an average Minnesotans experience Filing Bankruptcy with a MN Bankruptcy Lawyer and addressing their finances immediately following the discharge of their Bankruptcy. This is intended to shed some light on what can be expected and to debunk some of the common myths and misconceptions so let’s begin.

So, you are a Minnesota lawyer with a clientele from all walks of life. How many times have you heard a client say they have overwhelming debt? The answer is probably a lot right? And how many times has the suggestion to solve the problem been maybe you should consider debt consolidation? The answer agin is probably a lot right?

There are many reasons someone might be considering Bankruptcy and at Kain & Scott our MN Bankruptcy Attorneys believe it is important to understand the causes and ways you can prevent these circumstances from impacting your life moving forward after Bankruptcy. Everyone is offered credit cards and department store cards, America has an extremely lucrative credit industry with several types of financing available for any individual. But not all lenders are invested in their customers. The lines of credit or loan options offered by some lenders are not always intended to aid the consumer but rather provide additional revenue to the lender through hidden fees and adjustable rates that were not disclosed to the customer.

I am sorry you are experiencing overwhelming debt of any kind. Having overwhelming debt is stressful on anyone. Many Roseville, MN residents, when faced with crippling debt rightly turn to a Chapter 7 Bankruptcy to get their lives back and solve the problem once and for all. The goal of any Chapter 7 Bankruptcy is to get your life back. Technically speaking, we are looking for your debts to be “discharged” under section 727 of the Bankruptcy Code. A discharge of the debts means your liability for those debts is gone and the creditor cannot collect on those debts ever again.

Filing a MN Bankruptcy can seem like an overwhelming process and it certainly can be in some instances. But it is critical for individuals considering relief through bankruptcy to take the time to consider the hardships they already have, and then to think about the benefits bankruptcy may offer. When we consider the long-term effects of defaulted agreements and financial obligations and how this may impact our future needs we can begin to see the immediate benefits to filing bankruptcy rather than continuing to struggle with financial hardship. There is a great deal of misinformation out there; much of it is the product of the credit industry in an effort to discourage individuals and businesses from seeking the relief they need. Let’s take a closer look at some of the common concerns many people consider when determining if bankruptcy is right for them. Don’t be fooled by aggressive creditors; know the facts and know your rights!

Imagine a world in which the phones are quiet, the mail box is not full of past due collection letters, and you are not worried about how you are going to make your mortgage payment or buy groceries. It can happen to you. At Kain & Scott our Roseville MN Bankruptcy Attorneys help thousands of Minnesotans every year get exactly that. After Filing Bankruptcy the fear and anxiety of it quickly dissipates into a wondrous world free from overwhelming debt. Our Roseville MN Bankruptcy Attorneys never hear clients regretting to File Bankruptcy. Rather, they regret waiting so long to file bankruptcy. Once you get on the other side of this thing, this overwhelming debt, life is so magically beautiful and less stressful.

At Kain & Scott, our MN Bankruptcy Lawyers have been filing bankruptcies in Minnesota since 1972. In that time, we have filed many thousands of bankruptcy cases. After a while, you can see patterns that Minnesotans go through before they file for bankruptcy protection. It’s almost like clock work really. So, if you see yourself doing one of the five common things people do before they file bankruptcy in Minnesota, you should ask yourself, is this me too?

Having a family brings with it many responsibilities and obligations. We all want to do the very best we can for our loved ones. Unfortunately, unexpected hardships and financial difficulties are almost inevitable with the limited resources that many of us must contend with. Bankruptcy proceedings are designed specifically as a solution for those faced with such hardships so that they may again find financial stability and bring comfort for those we love, cherish and care for. MN Bankruptcy Lawyers can provide you with a fresh start to your finances and immediately halt any actions being taken against you by many of your creditors so that you may begin the process of recovery and family stability.

So much is written about the process of bankruptcy IE what happens when you file, what is a meeting of creditors, what happens after you file to your credit score, but very little is written about what to do, or in many cases not to do, BEFORE you file bankruptcy. I can’t tell you how many times I uttered the words, “I wish you would have called me before you did that.”

All right, it’s time to get out of this financial turmoil. You’re over your head in debt and you’re trying to stay current on your payments yet you just can’t do it anymore. Creditors don’t stop calling and harassing you and it’s extremely overwhelming. You’ve came to the conclusion that the only way out is bankruptcy. So you get online and start searching for a MN Bankruptcy Lawyer. The second you type in the query MN Bankruptcy Lawyer in Google and press enter, you get hundreds of results. Uh oh, now what?

How many of us lawyers meet with clients and yet miss issues the client could pursue to their benefit? I suspect the answer is a lot of us. Don’t be too hard on yourself since it’s impossible to know everything right? Most of us limit our areas of practice to a few and focus on those areas. When clients ask our MN Bankruptcy Lawyers and I about other areas of law we get jittery and tell them that we don’t practice in that area and they should see a lawyer who specializes in it. At Kain & Scott every Lawyer has a referral directory that we use to refer clients to any other area of law besides consumer bankruptcy work. Minnesota Bankruptcy work is all we do.

You might not recognize Kain & Scott as the leading Bankruptcy Lawyer in MN or a Law Firm that has been practicing for over 40 years. You’re also likely to have found us on Online. And if you’ve been searching the internet for a while now researching Bankruptcy Lawyers MN you might have seen us on several different websites. The Kain & Scott brand name has been well established in MN since 1972. We have helped thousands of Minnesotan debtors get their lives back. In a recent statement by one of our clients Sonja from Minneapolis, she said, “These lawyers are amazing! They definitely know what they are doing!” But Sonja isn’t our only happy client ecstatic about getting her life back! Thousands of Minnesotan’s call us for help relieving their debt problems every year and leave us positive reviews just like her. Here’s why:

The golden years- a period of relaxation, plenty of money, lots of travel and the freedom to play golf and fish everyday right? For many of our Minnesota seniors, the retirement years don’t look anything like this. In fact, for many seniors there is nothing golden about chronic pain, no money, lots’ of debt, and with that the freedom to do very little.

Bankruptcy can be quite the complicated process and especially if you don't know what you are doing. But it doesn't have to be that way! At Kain & Scott we have several MN Bankruptcy Lawyers with years of experience here to help you with the mounds of worksheets, prepare you for the 341 meeting and to file your case with the court. Plus, they make the Bankruptcy Process quick, easy and will guarantee that everything has been done right so your debts get discharged.

If your case gets thrown out your probably not going to be very happy and you'll be back in the exact same boat that you're in now. That's why getting help from Kain & Scott will make a world of a difference! But where can you find one of our MN Bankruptcy Lawyers? And how do you get one of them? Here's how to get in touch with a Kain & Scott Bankruptcy Lawyer today, to help get you started on the road to a debt free life again! 

One of the major reasons to think about a bankruptcy is medical debt. When I was young, my mom was a stay at home mom and my dad worked in a factory. Trust me, my dad never made a lot of money and probably retired making less than $10.00 an hour. In a family of 9 children you would think that a family of 11 people would cost you a fortune in health insurance. But growing up in the back waters of the Mississippi River in the 70's and 80's health insurance was not the fortune it is now. I also don’t recall my parents ever worried about medical bills. Heck, I am not even sure I even remember hearing the words “co-pay” and “deductible.”