(Video) Why Filing Chapter 7 Bankruptcy In Eden Prairie Should Be Your First Choice

Posted by Wesley Scott on October 11, 2017 at 11:45 AM
Wesley Scott

We know, everyone thinks that bankruptcy should be your last choice. However, if you are suffering from overwhelming debt in Eden Prairie, Minnesota, you really have limited options on how to solve the debt problem for good. In the end, filing Chapter 7 bankruptcy in Eden Prairie, Minnesota should be your first choice.


Let’s answer why this is. Really, if you have an overwhelming debt problem, there are three ways to solve the problem:

  • DO NOTHING: If you do nothing, you don’t go to jail for not paying the debts. Good to know. However, you will get judgments against you, your credit will look like a turd, and the creditors will garnish your wages and freeze your accounts. Sound good? We don’t think so either. Doing nothing makes you live in the past and suffer a long time.
  • DEBT CONSOLIDATION: the promise of retiring your debt soon is appealing to anyone. The problem is you are now advertising to the world you are suffering and your credit score plummets like a rock. And then, if that doesn’t hurt badly enough, if you don’t pay creditors what they want, they’ll just garnish your wages. So, you end up with a payment that is too big and your family suffers. Sound good? We don’t think so either. Doing debt consolidation makes you live in the past and not get your life back for a long time.
  • BANKRUPTCY: bankruptcy ends the nightmare now. The debt is gone which means your credit profile improves sooner and after you go through Kain & Scott’s 90-Day FREE Credit Repair Program, you will be amazed at how well your credit profile has improved. Having no debt is always better than having debt. With bankruptcy, you move on with your life quicker and your family suffers less.

CONCLUSION

Our own clients say it themselves. Their only regret is waiting so long to file bankruptcy. They always wish they would have filed bankruptcy first and got on with their lives. When you are ready, or when the time is right for you, reach out to Minnesota’s Nicest Bankruptcy Law Firm Guaranteed or 100% Off Your Fees!* See us at www.kainscott.com.

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Topics: Bankruptcy, Debt, Chapter 7 Bankruptcy