When you borrow money—whether it is in the form of charging purchases on a credit card or a new home mortgage—the law allows your creditors to take certain lawful actions when you fail to make your payments including, but not limited to, reclaiming the items that still have unpaid balances.
Although your creditors can’t have you thrown in jail for missing your payments, they can make your life extremely difficult. Collections actions like foreclosure and repossession are scary, stressful, and have a huge impact on your daily life – without a home to live in or a car to drive, many people would be unable to continue working or take adequate care of their families.
Even if your debt isn’t to the point where foreclosure or auto repossession is likely, you have probably still experienced creditor harassment. Frequent calls and letters from creditors demanding payment can significantly reduce your quality of life and bring stress, fear, and uncertainty into your home.
There is a fast and easy way to put a stop to any foreclosure action, auto repossession, and creditor harassment: by filing for a Minnesota bankruptcy with the experienced bankruptcy specialists at Kain & Scott!
When you file for either Chapter 7 or Chapter 13 bankruptcy, an immediate halt is put on all collections actions. Known as the automatic stay of bankruptcy, you can imagine that once your Kain & Scott attorney files your bankruptcy petition, a giant red “STOP” sign is raised, blocking creditors from being able to get at you. From the moment you file for your Minnesota bankruptcy with Kain & Scott, creditors can no longer contact you or try to get their money from you until your bankruptcy is either discharged or dismissed.
Depending on the circumstances of your case and which type of bankruptcy you file, you may be able to choose to keep the items you want or choose to surrender the item and walk away from your obligation.
Whether you choose to file Chapter 7 or Chapter 13 in Minnesota, by filing bankruptcy with the experienced legal team at Kain & Scott, you’ll be able to get your life back fast.
Filing for a Minnesota bankruptcy allows you to eliminate your unsecured debt (the debt that is not backed by collateral) through discharge. Each type of bankruptcy has its own advantages and eligibility requirements; by consulting with the experienced bankruptcy specialists at Kain & Scott, you can be confident that the bankruptcy you file is right for your family.
With a Chapter 7 Minnesota bankruptcy, your unsecured debts are discharged within 60-90 days after filing. A Chapter 13 Minnesota bankruptcy, on the other hand, allows you to keep the big-ticket items you love, like your home and car, by making affordable payments under a 3-5 year repayment plan: once the repayment period is over, your remaining debt is discharged forever.
At Kain & Scott, we understand the stress and anxiety of having debt and being threatened with aggressive collections actions. That’s why after your free initial consultation with one of our Minnesota bankruptcy specialists, we file your bankruptcy petition with the court within days—not weeks or even months, like other law firms—to get your debts discharged as quickly as possible! And, by filing quickly, your foreclosure, repossession, and days spent avoiding the calls of creditors, are put on pause, fast!
By contacting us today online at www.kainscott.com, you can schedule your free initial consultation as the first step towards regaining control of your debt and stopping aggressive collections actions and creditor harassment. With just your basic financial information, we can help you find the type of bankruptcy that is right for your family and have your petition filed in just a few days!
But that’s not all! Thanks to our Free 90 Day Credit Repair Program, you can learn ways to improve your credit score and obtain financing from our list of trusted Minnesota lenders!
Don’t wait--stop creditors in their tracks with the fast and convenient bankruptcy services of Kain & Scott, Minnesota’s oldest bankruptcy law firm, today!