As a Bankruptcy Attorney in Maple Grove, I hear it all the time- I want to file a Chapter 7 Bankruptcy, not anything else. Chapter 7 Bankruptcy, referred to as a “liquidation bankruptcy” or a “fresh start bankruptcy” is a four-month process where at the end of the process most unsecured debt is discharged, wiped out, tax free! Of course, there are many clients who do fit squarely within the parameters of a chapter 7.

The Bankruptcy Attorneys in Maple Grove, MN and I spend our workdays meeting with people who are facing significant debt problems. The problems have reached the point where the people I meet with can’t handle their debt. They are in default, in foreclosure, in suit, in garnishment, in levy. They are in trouble. My clients come to me with a range of emotions. But almost all of them share one emotion: they are embarrassed to be here in a difficult financial situation. The stress of the debt they have is part of the feeling they have. But there’s more to this bad feeling than that.

I was born near the tranquil backwaters of the Mississippi river in a small Minnesota town, called Foley, Minnesota. I was one of 9 children brought up in a home that was built in 1901 using square headed nails! My dad was a factory worker and my mom was a stay home mom and entrepreneur (she babysat up to five more kids!). We grew up poor but rich with family values and small hometown spirit. I knew growing up we were poor but you never really felt that way. It’s hard to feel poor with a family of 11 growing up in a small town- living a simple lifestyle. Heck, everyone around us was poor too so we didn’t know any better anyway.

When you're experiencing a business failure, income drop, divorce or medical problem or any type of financial struggle that you feel like you just can't escape, you're not alone! On average this happens to thousands of Minnesota residents every year leaving them with their best option to file bankruptcy. Just last year over 10,000 Minnesotan's needed to file a Chapter 13 or Chapter 7 Bankruptcy to restore their 1st class citizenship again. It can happen to anyone. Even some of our own family members have filed bankruptcy. Fortunately, at Kain & Scott P.A., Maple Grove's nicest bankruptcy law firm, there are just 5 easy steps you need to take to get yourself on the road to a debt-free life again!