Those who struggle with overwhelming debt often make many sacrifices. They work overtime. They take a second job. They pick up extra shifts. They miss out on spending time with family and with friends. Life’s enjoyments are replaced with constant anxiety and worry. Debt is stressful and never takes a day off. So how can anyone expect those who are already overwhelmed by bills, creditors, and notices to call out from work to meet with a bankruptcy attorney? It is ridiculous and unrealistic to expect anyone who is already under such pressure to simply be able to take time off whenever the mood strikes!

 I know that Minnesota bankruptcy professionals often think they have done their job when they get rid of your debt for you. But at Kain & Scott, we do not think we are done yet. At Kain & Scott, we go the distance with you. To me, you don’t have your life back until 1) debt is gone and 2) your credit is repaired.

Credit card debt is a major reason why people file for bankruptcy in Minnesota. Credit card debt can get out of control for many different reasons, some of which are beyond your control. If a household member loses a job or suffers a serious illness, you need to rely on credit cards to pay your bills and cover basic expenses. Meanwhile, you may only be able to afford the minimum monthly payment, which can result in excessively inflated balances due to high interest rates. Before you know it, you may see no possible way that you will be able to pay off your credit cards.

Many people make New Year’s resolutions to exercise more, eat healthier, or be kinder to others. But what about resolving to address your financial situation? A lot of people facing financial stress and debt tend to sweep it under the rug. It may feel so overwhelming that they think there is nothing that can be done about it. This is not the case, however, as our experienced bankruptcy attorneys have helped many people overcome even the most serious financial situations. The following are only some debt-related resolutions that can make for a happier 2019.