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

Avoid Doing This Before Filing Chapter 7 Bankruptcy in Rochester, MN

Posted by Wesley Scott on November 15

When you are thinking strongly about filing a Chapter 7 Bankruptcy in Rochester, MN, you will be tempted to do one thing you definitely should NOT do before filing the bankruptcy. You will be tempted to pay family and friends on debts you owe them. We understand this temptation. But if you pay family and friends money before you file bankruptcy, so you can avoid listing them as a creditor on the bankruptcy or just because you want them to get paid back even though others creditors are not getting paid any money, that may be considered a “preference” and the trustee may be able to avoid that preference.

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Finding a Minneapolis MN Bankruptcy Lawyer To Help You Get Debt Free

Posted by Erick Bohm on May 31

Do you ever wonder why a Minneapolis Bankruptcy Lawyer would only offer bankruptcy representation but do nothing to repair your credit? Are you ready to tidy up your debt mess with a thorough cleaning of your entire financial slate?

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How Our Minneapolis Bankruptcy Lawyers Know When You Should File 

Posted by William Kain on May 10

Last week I wrote about the timing of filing a bankruptcy case when determining how to know if you should file bankruptcy. The focus of that was when to file in the context of the collection process - filing to avoid the execution on a judgment and to avoid the entry of a judgment entirely. The idea was to give the people reading the blog a sense of the collection process and what a bankruptcy filing would create the most protection for someone looking at difficult to manage debt issues . This week I want to continue examining the timing issue, but instead of looking at the collection process, look at timing issues through the lens of the Bankruptcy Code, and its requirements for filing. And I want to spend some time examining the mortgage foreclosure process and how foreclosure affects the decision of when to file a bankruptcy case .

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How To Get Debt Free With KainScott's Minneapolis Bankruptcy Attorneys

Posted by Kelsey Quarberg on August 15

Every year, thousands of Americans file for bankruptcy for good reason: bankruptcy can be a useful way to erase your debt and get a fresh start. Despite the benefits of bankruptcy, many Minneapolis residents aren’t sure what steps they need to take to erase their debt or how fast and easy filing for bankruptcy can be with Kain & Scott.

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Finding The Best Bankruptcy Lawyers in Minneapolis, MN

Posted by Kelsey Quarberg on July 11

Do your finances need a boost to get back into shape? Does your credit score need to be re-energized? Are you searching for the perfect Minneapolis Bankruptcy Lawyer to give you a complete financial makeover?

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Minneapolis MN Bankruptcy: What Does 1972 and $0 Up Front Mean?

Posted by Wesley Scott on February 7

Every year, Minnesotans who live in and around Minneapolis get their lives back and celebrate their new life with enthusiasm. If you are one of those people who filed Chapter 7 or Chapter 13 Bankruptcy and live here or anywhere else in the twins cities metro area, and you now have your life back, please know how much I am proud of you!

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How To Rebuild Your Credit After Filing Bankruptcy In Minneapolis

Posted by Margaret Henehan on December 28

Here at Kain & Scott our professional, kind and helpful team of Minneapolis Bankruptcy Lawyers are truly honored to help each and every one of our clients get their lives back. Our client satisfaction and peace of mind is our top priority which is why we strive to continuously build upon our reputation as the nicest (most kind and helpful) Bankruptcy Law Firm in Minneapolis and the greater Twin Cities area. We know that the Bankruptcy Process doesn’t end with filing your case, so here’s some helpful information to give you a better understanding of how to begin rebuilding your credit score after you’ve received your discharge.

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3 Reasons Why You Should File Bankruptcy in Minneapolis Now

Posted by Wesley Scott on December 6

Kain & Scott has been Minnesota’s Bankruptcy Law Firm since 1972. Our Minneapolis Bankruptcy Lawyers have seen a thing or two about the reasons that hold people back from filing bankruptcy. The truth is, all of the reasons you think you shouldn’t file bankruptcy are actually the reasons you SHOULD file bankruptcy. Crazy right? Well, read on if you are skeptical.

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Minneapolis Bankruptcy Attorney Success Stories at Kain & Scott

Posted by Wesley Scott on November 30

I recently met with a guest in Minneapolis who I had met with 2 years ago. She was contemplating bankruptcy 2 years ago- which is why she met with me then, but she was not ready to file bankruptcy. Have you ever heard of the expression, “flowers bloom at different times?” I like that expression because it fits out clients to a tee. Often the Minneapolis Bankruptcy Attorneys meet with guests and we think gee, you should really file bankruptcy and get your life back. But, for the client, this is all very brand new and scary.

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Chapter 7 Bankruptcy Filing and Eligibility Requirements in Minneapolis, MN

Posted by Wesley Scott on November 22

This is an age old question. You have a lot of debt or maybe you have a modest amount of debt and the creditors are like chihuahuas that just will not leave you alone. Every month is a constant battle- juggling the payment to creditors with paying your bills.

Many of our guests wonder is they qualify for chapter 7 bankruptcy. Sometimes, it can feel like you are not a candidate for bankruptcy when you really are a good candidate for bankruptcy. How do you know if you should be considering chapter 7 bankruptcy? How do you know you even qualify to file a chapter 7 bankruptcy?

I know this seems like a smart ass answer, but if you are thinking about it, you probably qualify to file.

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Tips For Finding The Best Bankruptcy Lawyer in Minneapolis, MN

Posted by Wesley Scott on November 15

You have hit the wall. You live in Minneapolis and you have lived with overwhelming debt for years. You juggled the debt as long as you could and then the house of cards came crashing down on you. You stopped paying the bills altogether and simply buried your head in the sand. When life crashes around sometimes the best coping method is to put your ear plugs in and your helmet on and let the world around you crash and burn. When you are down and out, sometimes you cope by simply ignoring it because that is what you mentally need to do. 

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Getting Financing and a New Car After Filing Bankruptcy in Minneapolis

Posted by Wesley Scott on November 9

There are many outstanding benefits of hiring a Minneapolis Bankruptcy Attorney to help you restructure or eliminating your debts but bankruptcy is not without its difficulties even after your debts are discharged. After you've successfully completed your bankruptcy you might find yourselve wondering how to keep this positive momentum going. One of the most significant components to success is a simple one we often overlook. By simply identifying our goals we can begin to develop plans to achieve them. For many of us following a bankruptcy the major priority is reestablishing our credit so that we may obtain financing once again. Many of us overlook the significance of financing; the ability to pay for groceries or unexpected costs when there is no cash on hand is incredibly stressful, and we tend to focus on the lack of cash in these circumstances. These things may seem out of reach to you after you file bankruptcy but this is certainly not the case.
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Why MInneapolis Bankruptcy Lawyers Say Filing Beats Consolidation

Posted by Wesley Scott on November 3

Paying your bills is what we all want to do. No one likes the idea of not paying debt we incurred. The idea of drowning in debt is scary and the mentioning the “b” word is even scarier. Human beings are all the same. At heart, I believe most of us would rather claw our own eye balls out than not pay our bills. And yet, life interferes with our best plans. 

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4 Secret Ways To Easily Meet With A Minneapolis Bankruptcy Lawyer

Posted by Wesley Scott on October 28

This is not easy stuff folks. The amount of courage it takes to reach out for help cannot be understated. Most of our clients in Minneapolis are embarrassed to find themselves in debt and often scared to reach out for help. However, equally nerving is not being able to pay your bills and worrying that you might be living in a card board box soon. There is hope. Debt is simply a problem to be solved and nothing more. It’s no different than having an infection in a really embarrassing location. The medical staff does not find it embarrassing, they just need to find the solution to the problem. That is the same for Minneapolis Bankruptcy Lawyers . Our laser focus is to solve your debt problem for good.

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Filing Bankruptcy In Minneapolis "Pro Se"

Posted by Wesley Scott on October 15

Bankruptcy is a well-established financial tool that has been a means of successful financial recovery and ongoing stability for many people all across Minneapolis.  Many Minneapolis residents will File Bankruptcy this year so that they can start 2017 with a fresh new financial start.  Among the many bankruptcies that will be filed a small percentage of them might be attempted to be filed “pro se” without the aid of an experienced Minneapolis Bankruptcy Lawyer.  Although it’s not required by law to retain a Bankruptcy Lawyer in order to File Bankruptcy in Minneapolis there are many advantages to doing so.

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