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.

You can search for specific topics or just click around. If you can't find what you're looking for here or in our FAQs please Send Us A Message

Wesley Scott

Wesley Scott
I love being a Minnesota bankruptcy attorney because it allows me to give people hope that, together, we can get their lives back. People call us because of business failure (many businesses fail, that is a fact of life), income drop (bad economy or otherwise), divorce (happens to many), medical problems (how can you help that?), and bad financial decisions (we have all made them!). I understand the financial pressures my clients face because I experienced many of these same pressures growing up. I know that most of my clients end up in debt through no fault of their own. I became a bankruptcy attorney to give these people the help and support they need in this time of trouble.
Find me on:

Recent Posts

What is Bankruptcy Anyway?

Posted by Wesley Scott on August 1

If you ask someone at random to explain bankruptcy, they will probably give you an answer that goes something like, “isn’t it a complicated legal thing that means you have no money and everyone judges you for it?” And the only thing that person would be right about is the “complicated legal thing” part! The gist is that most people, even those that have contemplated bankruptcy, don’t really know what bankruptcy is, just that it has to do with money and it comes with a big, old stigma.

Read More

We Will Never Judge You - Our Bankruptcy Law Firms Promise

Posted by Wesley Scott on July 31

“Humble attorney” may seem like an oxymoron considering how lawyers tend to be portrayed on courtroom dramas –with their newly pressed suits and shiny $400 loafers and constant, “OBJECTION”’s. Having that stereotype floating around in your head can easily make scheduling a consultation with a law firm absolutely daunting.

Read More

Why You Should Not Sign a Chapter 7 Reaffirmation Agreement

Posted by Wesley Scott on July 30

I am not suggesting that there are no scenarios under which I would sign a reaffirmation agreement. That would not be accurate. In fact, years ago, I had a guy who was living in St Paul, Minnesota and he had a home loan totaling $138,100.00. The mortgage company proposed a reaffirmation agreement where the guy would pay $86,340.00 to keep the house! That was a huge discount and the client totally jumped on it and signed the reaffirmation agreement with my approval.

Read More

What Chapter 7 Bankruptcy Law Firm in St Paul Should You Hire?

Posted by Wesley Scott on July 29

Which St. Paul, Minnesota bankruptcy law firm you hire is an important question to ask yourself. There are not many stressors in life that are as high as the need to file bankruptcy. Do you really want to hire a law firm that treats you like a number and treats their employees like dirt? Of course not. I am sure you would not be shocked to hear that unfortunately some law firm’s don’t treat their employees very well and when that happens, guess who also suffers? Yes, you do! That is not right—especially in a time of vulnerability for our guests.

Read More

Why Should I Choose Kain & Scott to File My Bankruptcy?

Posted by Wesley Scott on July 26

Choosing a lawyer is, arguable, almost as important as choosing a spouse (maybe, in some cases more important!) An attorney is going to be with you through some tough times and it is important for you to evaluate your options and know exactly who you are hitching up with!

Read More

What You Need To Know About Filing a Credit Dispute Form

Posted by Wesley Scott on July 25

Post-bankruptcy, one of the most important things that you will want to do is to check your credit report. There are three credit reporting bureaus you will need to go through in order to do this: Experian, Equifax, and TransUnion. Each of the bureaus generates its own individual report for each person. Doing a thorough check of your credit requires pulling reports from all three companies.

Read More
Learn What To Expect From Your Free Bankruptcy Consultation

How You Can Help Kain & Scott Improve

Posted by Wesley Scott on July 24

As Kain & Scott grows, adding more permanent locations and additional attorneys and team members, we want to improve our processes as well! We continuously work to make sure our clients have the best experience possible.

Read More

Filing Chapter 7 Bankruptcy in St Paul? Do This Now!

Posted by Wesley Scott on July 23

If you live in St. Paul, Minnesota and you have decided that filing Chapter 7 Bankruptcy makes sense for you and your family, you need to do this right now. Doing these things will make your Chapter 7 Bankruptcy filing go much smoother!

Read More

Bankruptcy No-No’s in Minnesota

Posted by Wesley Scott on July 22

So, you have come to the decision to file for bankruptcy. You have weight your options and are ready to contact a Kain & Scott attorney to file your Minnesota bankruptcy case. There are a few things that you need to take into account and to be mindful of to ensure your bankruptcy goes smoothly and swiftly!

Read More
Download our Free Debt Solutions Comparison Chart

What You Should Know About Bankruptcy Trustees

Posted by Wesley Scott on July 19

One of the key players in any bankruptcy is the trustee. The trustee is an appointed court official who is assigned to, essentially, be the neutral party between the debtor and the creditors. Most of the trustees work is behind the scenes. The trustee is meant to be a type of mediator and go-between so that both sides of a bankruptcy are equally represented.

Read More

Your Creditors, Their Claims, and What it All Means

Posted by Wesley Scott on July 18

The word “creditor” brings to mind harassing calls and threatening letters for most all of our clients –ruthless, unforgiving, and shameless in their tactics to collect on a debt. The goal of bankruptcy is to get these guys off your back for good. To do that, it is important to know exactly who you are dealing with. There are different types of creditors and they have unique types of claims that can affect your filing.

Read More

Important MN Bankruptcy Resources From Kain & Scott

Posted by Wesley Scott on July 17

We want all of our clients to be well informed about all of their possible debt solution options. We also want all of our potential clients to have complete transparency about who Kain & Scott is, what we do, and how we may be able to help them get their life back! To achieve these goals we offer anyone who visits and browses our Kain & Scott website downloadable resources completely free!

Read More

Why Should I File For Bankruptcy?

Posted by Wesley Scott on July 16

We are not offended knowing that we are our client’s absolute last choice. We are not hurt when clients tell us they wished they did not have to be in the office and would rather be just about anywhere else. We know and we understand. Clients come to us having exhausted every other option. Some of those options (such as debt consolidation) having plunged them even deeper into overwhelming debt than what they started with!

Read More

Getting Ahead of Your Debt in Minnesota

Posted by Wesley Scott on July 15

Debt is a rip tide. You are swimming perfectly fine one minute and the next you are swept out to sea, no help in sigh, and growing ever more exhausted trying to keep your head above water. Debt seems perfectly manageable until all at once it’s not. Most times this is because of something completely out of your control. Job loss, medical procedure, vehicle accident. All it takes is one lone incident for the tide of debt to pull you far, far away from dry land.

Read More

Don’t Hire an Out-of-State Firm

Posted by Wesley Scott on July 12

Are you a Minnesota resident looking into debt relief options and wondering where the heck to even start? You have probably Googled “bankruptcy attorney” until you are blue in the face trying to decipher the difference between law firms and services. And, if you are like me, you are probably reasoning –“well, a big nationwide firm has to be successful and know what they are doing to have so many locations all over the place.”

Read More