Welcome To The MN Bankruptcy Blog

Inside you will find over 500 helpful articles discussing the Chapter 7 & 13 Bankruptcy Process and other solutions for difficult financial situations.

 

    Choosing Chapter 13 Bankruptcy: Minnesota Family Shares Their Story

    Posted by William Kain on July 29

    We see individuals and families of all shapes and sizes in need of help due to financial instability and hardship. In order to portray the “true story” of filing bankruptcy in Minnesota we want to share some of our experiences with people just like you, looking for a way out of debt and a fresh start. We are going to add generalizations and change the personal details for privacy purposes. However, many debtors experience similar situations and circumstances, so these stories are likely shared by many.

    Read More

    These Types of Bankruptcy Can Help You Find Financial Relief

    Posted by Wesley Scott on July 28

    When debts turn into a vicious cycle that threatens to never end, filing for bankruptcy can be a wise and prudent choice to move toward financial freedom. There are multiple types of bankruptcy that suit different situations.  The best choice for you will mainly depend on your debts, assets and current income.

    Read More

    5 Traits You Will Find In The MN Bankruptcy Attorneys at Kain & Scott

    Posted by Erick Bohm on July 27

    Accordingly to past clients, Kain & Scott attorneys are knowledgeable, courteous, empathetic, professional, and easy going. This is different than what most people have to say about other MN Bankruptcy Attorneys. Most people describe attorneys as arrogant, rude, pompous, etc. Well, sometimes that’s exactly right. Here at Kain & Scott, however, we pride ourselves on focusing outward on the client, not inward on ourselves. Your legal representation should be focused on you, not us. These five traits you will find in each of our Kain & Scott attorneys.

    Read More

    “Happily Ever After” with the Best Bankruptcy Law Firm in Woodbury, MN

    Posted by Margaret Henehan on July 26

    Do you dream of a fairytale ending to your quest for a great bankruptcy lawyer to help you erase your debts in Woodbury, Minnesota?

    Read More

    A True Story Of One Woodbury, MN Couple Who Filed Chapter 7 And Won!

    Posted by Wesley Scott on July 24

    Did you ever think it was possible to win at filing chapter 7 bankruptcy? It is. Recently, one couple in Woodbury, Minnesota found out how. It doesn’t matter who you are, life is humbling. This was especially true for one Woodbury couple who we recently met with.

    Read More

    Escape Debt Danger With The Best Bankruptcy Lawyers in Woodbury, MN

    Posted by William Kain on July 23

    Does your debt make you feel like you are walking on a tightrope without a safety net? Are you in constant danger of falling further behind on your bills as you struggle living paycheck-to-paycheck?

    Read More
    Learn What To Expect From Your Free Bankruptcy Consultation

    How A Bankruptcy Can Stop Foreclosure Proceedings

    Posted by Kelsey Quarberg on July 21

    In Minnesota, the foreclosure process takes a pretty long time. The average non-judicial (most common) Minnesota foreclosure lasts anywhere from 9 to 12 months, sometimes even longer! When faced with foreclosure, a homeowner has a few options 1) surrender the home to the bank (and potentially file Chapter 7 Bankruptcy), 2) redeem the home, or 3) file Chapter 13 Bankruptcy. Here I will discuss the pros and cons to each of these options.

    Read More

    What Debt Consolidation Programs Conveniently Forget to Tell You

    Posted by Wesley Scott on July 19

    When you meet or discuss with a debt consolidation company they may not explain the “fine print” associated with their programs. At first glance debt consolidation programs seem appealing but before you sign the dotted line, make sure you know the fine details of the program you are signing up for. Here is a summary of details some debt consolidation companies try to gloss over to make their programs more appealing:

    Read More

    3 Steps to Answer the Question, "Should I File Bankruptcy?"

    Posted by Wesley Scott on July 18

    As a bankruptcy attorney, I know that individuals and couples go through several stages when they are answering the question “Should I file bankruptcy?” While most consumers follow a similar process when tackling this question, not every person will follow the same exact path to decide whether or not bankruptcy is right for them. This is because each person’s or couple’s financial situation is unique; however, through years of experience and by helping thousands of clients through the bankruptcy process, my partner and I have learned that most debtors go through at least three stages before deciding if they should file bankruptcy. While not all three steps are necessary, and many may skip to the last and most important step, there is some value in each of the following steps.

    Read More
    Download our Free Debt Solutions Comparison Chart

    MN Bankruptcy Lawyer Explains: What Happens When You Default On Credit

    Posted by William Kain on July 18

    Most of the potential clients our MN Bankruptcy Lawyers meet with at Kain & Scott have defaulted on at least one of the accounts they hold. For many of the people I meet, they have been able to stay current on some accounts, but because of their financial circumstances, they have not been able to maintain current payments on all of their accounts.

    Read More

    Do Debt Consolidation Loans Actually Work?

    Posted by William Kain on July 16

    There are many situations in which debt consolidation loans can be used and applied. In some situations a debt consolidation loan will benefit your financial situation, and in others it will not. Determining the best solution suited for your specific situation can be tricky, and I highly recommend discussing with a legal professional or financial advisor before taking action.

    Read More

    Pros and Cons of Bankruptcy, from a Filer's Perspective

    Posted by William Kain on July 15

    Nancy*, one of my previous clients, went into her bankruptcy kicking and screaming. Here is how she tells her story today: Filing a bankruptcy case was the last thing I wanted to do, but I had lost my job and the bills began to pile up. There was no end in sight. I hated imagining what my parents, neighbors, co-workers and friends would think when they found out that I filed bankruptcy. I tried to find another way out of debt; however, nothing I tried helped and some solutions even made the situation worse.

    Read More

    How Does Debt Consolidation Work?

    Posted by William Kain on July 14

    Debt consolidation can be a very confusing concept. Generally speaking, debt consolidation works by combining all of your debts into one payment, often extending your repayment period, resulting in an increased total amount paid. There are four options commonly sought by those looking to get out of a difficult financial bind through debt consolidation and each works in its own way.

    Read More

    6 Steps To Getting Your Life Back Through Bankruptcy in MN

    Posted by Erick Bohm on July 13

    When was the last time you sat down and asked yourself, “how did I get here”? Chances are you say this to yourself all the time, but, truly, when was the last time you sat down and forced yourself to answer the question? If you’re like most people, you don’t spend much time with self-reflection. Self-reflection is incredibly important so you can truly understand the situation you’re in, how you got there, and how to get you where you want to be.

    Read More

    Finding The Best Bankruptcy Lawyers in Minneapolis, MN

    Posted by Kelsey Quarberg on July 11

    Do your finances need a boost to get back into shape? Does your credit score need to be re-energized? Are you searching for the perfect Minneapolis Bankruptcy Lawyer to give you a complete financial makeover?

    Read More

    Conquoring The Quest For The Best Bankruptcy Lawyer in Roseville, MN

    Posted by Wesley Scott on July 10

    Has your family outgrown your current house? Is your car in need of major repairs? Have you been turned down for a new home, car, or other financing because of your credit? If you’re in debt, you’re not alone: as of 2016, the United States had $764 billion in credit card debt, $8.63 trillion in mortgage debt, and $1.16 trillion in auto loan debt. These staggering numbers show that the average American is drowning in debt.

    Read More
    All posts

    Recent Posts

    Topics

    Bankruptcy

    Budgeting

    Business Debt

    Chapter 7

    Chapter 13

    Credit

    Debt

    Filing Bankruptcy

    Student Loans

    Post Filing

     

     

    OR

    You Can Also Filter By Category


    All posts
    Take the first step toward getting your life back Let us help you get started on your road to a debt-free life Sign Up for a Free Consultation

    LifeBack Law Firm Offices


    © 2023 Lifeback Law Firm, P.A. | Disclaimer | Privacy Policy | Sitemap

    Law Firm Marketing by Gorilla Webtatics.