Chapter 7 Bankruptcy in Simple Terms
Chapter 7 bankruptcy attorney in St Cloud Chapter 7 bankruptcy the simplest and most common type of bankruptcy. If you face financial hardships, it is possible that bankruptcy could help you to improve your financial situation. In this article, learn more about Chapter 7 bankruptcy and whether it might be the right next step for you. […]
Twin Cities Bankruptcy Attorney
Kain + Henehan with locations in St. Cloud and Mendota Heights serve the Twin Cities area. If you find yourself looking at a mounting pile of debt that you cannot possibly pay or have been harassed by creditors, you might be considering filing bankruptcy. Working with a kind and knowledgeable bankruptcy attorney like Bill Kain or […]
What To Do If Harassed by Creditors
An experienced Bankruptcy Attorney can help you with your debt concerns. Debt collectors are allowed to continually try to collect or verify what’s owed to them. However, harassment is against the law under the Fair Debt Collection Practices Act. While most creditors will adhere to practices that are consistent with the law, other debt collectors may […]
Can I Stop My Car Repossession If I file Bankruptcy?
If you fall behind on your car loan payments, the creditor will be allowed to repossess the car. How long this process takes depends on the creditor, how much you owe, how many payments you missed, and other factors. However, there are some potential ways to stop a car repossession if you act quickly. Maybe you have […]
How Can I Prevent Foreclosure?
Homeownership is often a landmark for a family or individual that they are doing well. Buying your first home or purchasing a larger home for a growing family is a point of pride and accomplishment. If you are behind on your mortgage payments, it doesn’t necessarily mean that you’re destined to lose your home. One […]
Has the Pandemic Affected Personal Bankruptcy?
Personal Bankruptcy Filings in the United States The COVID-19 pandemic undoubtedly had an impact on the personal finances of millions of people. Forced shutdowns within cities and towns of assorted businesses combined with the critical impact on certain industries such as hospitality and travel have had an effect. Economists will be discussing the pandemic’s effect […]
Bankruptcy Isn’t All Bad
Having financial problems can be a challenging experience. Filing for bankruptcy for those who qualify, can be a beneficial way to get a fresh financial start. People who file for bankruptcy often do so because of an unexpected financial emergency. They might be facing an illness, an unexpected increase in expenses, or a sudden decrease […]
Minnesota Bankruptcy and You
Bankruptcy can unfortunately conjure up some out dated ideas. But in fact for some clients, it may actually be the best option. Bankruptcy can have a profound yet ultimately positive effect on your life. Once you file, you’ll have a fresh start. Here’s some things you need to know about bankruptcy in the state of […]
I Owe My Dad! Can I Not List Him as a Creditor?
If you file for bankruptcy protection, you need to list all creditors and the amounts owed to each. However, there are some people that you might owe money to that you don’t want to know that you’re filing bankruptcy, such as family members and friends. Unfortunately, you are legally required to disclose all creditors in your […]
Under Chapter 7, Do I Keep My Tax Refund?
The short answer is – with proper legal planning and timing, you will likely be able to keep all or most of your tax refund check even when you file for Chapter 7 bankruptcy. But, with bad planning and poor timing, the bankruptcy trustee may use the entire amount to pay off creditors. Timing is crucial, […]