When is the Right Time to File For Bankruptcy?

Posted by Wesley Scott on November 27, 2019 at 8:43 AM
Wesley Scott

biggest-bankruptcy-regrets-in-minnesota“Timing is everything.” We have all heard the old adage. We have agreed with it at some point in our lives and rolled our eyes at it during others. Regardless of how one feels about the phrase, it certainly rings true when deciding at what point one should take the plunge and file for bankruptcy. By filing at the wrong time you may be taking needless risks with your money and assets by filing too late or not gaining all the benefits you could be by filing too early.

The truth is that the majority of our clients wait too long to file for bankruptcy. It is their last resort after trying virtually everything else. By the time they walk through our doors they may have already drained through assets that may have been exempt in a bankruptcy. They have already been garnished or served a summons, or maybe even have a scheduled foreclosure sale on their home. If this is your –schedule a consultation with Kain & Scott NOW! Stop the stress and worry today and take the first step towards getting your life back!

The other side of that coin is filing too early. This is not nearly as common but it is not unheard of that an attorney may advise a client to wait a period of time before filing their case. This can be due to a few different reasons. It could be due to the transferring of assets, the changing of jobs or income, medical reasons, or due to the restrictions of garnishment refunds.

If you are not quite sure where you stand in your journey of debt relief, the best thing you can do is schedule an appointment with an attorney. A consultation with Kain & Scott is absolutely free. No obligation, no pressure, just absolute relief and a plan to get your life back!

Conclusion

MN’s NICEST and HIGHEST GOOGLE RATED bankruptcy law firm is Kain & Scott. Schedule a consultation today by visiting www.kainscott.com or calling 800-551-3292.

 

Topics: Bankruptcy

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