WHy Creditors Hope You Make The MIstake Of Filing Bankruptcy Yourself

Posted by Wesley Scott on January 2, 2020 at 2:12 PM
Wesley Scott

what happens when you file bankruptcy - chapter 7 exemptionsWe are seeing organizations proliferate that encourage Minnesotans to file bankruptcy themselves. I am sure the people that run these organizations mean well. However, they are leading people down a path that puts their future in jeopardy. Creditors hope people file bankruptcy themselves. Why? Because you are bound to make serious mistakes that will cost you money which means a gain for creditors.

We have witnessed this disaster take place often since the inception of Kain & Scott in 1972. There will always be those people who think they can attempt it, but as they said in law school, the person who represents themselves has a fool for a client. I get the desire to try and save money; I really do. But so often when you think you are going to save yourself money you end up costing yourself far more money than you saved.

When Minnesotans call us to straighten out a bankruptcy case they filed on their own, we often need to charge them far more than we would have initially because the schedules are a disaster. We know you are not a lawyer but that is why you need a bankruptcy lawyer! The Bankruptcy Code is far too complicated to promote Minnesotans trying to file bankruptcy themselves. I feel for these people—I really do.

When you consider the fact that you have been through a lot already, having a professional stand behind you and protect you from your creditors and do a majority of the work is what our guests desire the most. We pamper our guests from the moment they reach out to us.

CONCLUSION

When the time is right, or when you are ready, reach out to Minnesota’s LARGEST bankruptcy law firm at www.kainscott.com. You will be so happy you did!

 

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