How Kain & Scott Makes Filing For Bankruptcy AFFORDABLE

Posted by Wesley Scott on March 13, 2020 at 9:49 AM
Wesley Scott

One of the things that really sets Kain & Scott apart from other bankruptcy practices is that we offer our clients a payment plan option. A lot of other firms charge 1) for an initial consultation and 2) all of their attorney’s fees upfront! We don’t do either of those things.

The majority of our clients utilize Kain & Scott’s payment plan option for their Chapter 7 attorney’s fees. It offers easy payments of $100 per month for 20 months. We guarantee that we will be the nicest creditor you will ever have!

To take advantage of this incredible payment option, our firm requires a 3rd party guarantor. This is essentially a co-signer. There can be a lot of anxiety for clients and potential 3rd parties when agreeing to co-sign for a loved one’s bankruptcy but let’s address some of the most common concerns about Kain & Scott’s 3rd Party Guaranty.

What does being a 3rd party entail? When you become a 3rd party guarantor for a Kain & Scott client, you are agreeing to be responsible for the attorney’s fees should the account not be paid. It is similar to any type of co-signer. By being a 3rd party you will be sent statements and notifications from the bankruptcy court to ensure that you are well aware of what is going on! 

Will signing a 3rd Party Guaranty show up on my credit report? No! There is no need to worry about the 3rd party showing up on your credit report as long as the account with us is in good standing.

Will co-signing negatively affect my credit score? As long as the account is being paid in a timely manner and has not gone into collections, being a 3rd party co-signer will not impact your credit score.

Why should I be a 3rd party for my friend/relative/loved one? Being a 3rd party for a loved one can help them change their life for the better! By helping them through a difficult and stressful time, you can help ensure that they achieve their fresh start!

Conclusion

To learn more about Kain & Scott’s bankruptcy process, chat with a team member, or request a consultation with MINNESOTA’s LARGEST bankruptcy law firm, visit www.kainscott.com now!

 

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