Debunking Common Bankruptcy Myths
Bankruptcy is a commonly known legal practice that is popular for many reasons. However, that doesn’t mean that people understand it well. Most people believe common bankruptcy misconceptions unless they have gone through it themselves. At Kain + Henehan, one of the first things that we do with new clients is try to dispel bankruptcy […]
Using Chapter 7 Bankruptcy to Get Rid of Debt
Chapter 7 bankruptcy is the option to liquidate assets to pay back creditors as much as possible before discharging the remainder of your debts. You can use it as a means of getting rid of debts that you cannot handle, but you must understand how it works before considering it as an option. At Kain […]
5 Bankruptcy Red Flags That Indicate You Need an Attorney
No one wants to file for bankruptcy, but there are times when it becomes a good idea. When the bankruptcy red flags start to appear, it is time to contact Kain+ Henehan for help. It is better to start handling the problem early rather than letting it spiral too far out of control. Here are […]
Is a Chapter 7 or Chapter 13 Bankruptcy Better For Me? (video)
Determining which form of bankruptcy to file is one of the parts of the process that people struggle with the most. The differences between the types of bankruptcy are complex and have a big impact on the potential outcome. In some cases, you also need to qualify to be able to file a certain type […]
What to Do About Car Repossession?
Bankruptcy comes with a variety of common issues that people worry about, such as losing your house and car. It is possible that your car can be repossessed before you file bankruptcy and people are worried that they have to give it up during a bankruptcy. This may not be the case depending on your […]
Foreclosure Prevention Strategies With a Saint Cloud Attorney
When your home is your biggest asset, having it foreclosed on can do a lot of damage to your finances and your mental state. Losing a home can be difficult to get over, which is why it is important to avoid foreclosure whenever possible. Here are several foreclosure prevention strategies that Saint Cloud attorneys think […]
Small Business Bankruptcy: What to Expect From Your Attorney
When a small business files for bankruptcy, they need the help of a bankruptcy lawyer. The legal process for small business bankruptcy is complex, with many requirements to be aware of before trying to file for business bankruptcy. A bankruptcy lawyer eliminates all of those problems and makes it possible to finish the process the […]
How Often Can I File For Bankruptcy? (video)
In a recent video by Kain + Henehan, Margaret Henehan explains the specific timelines and conditions related to Chapter 7 and Chapter 13 bankruptcy filings. Here are her insights, along with some practical guidance for those facing repeated financial hardships. Transcript: Yeah, so no one, obviously, sets out to file bankruptcy more than once, but […]
Recover from Bankruptcy: Getting Your Finances Back on Track
You’ve filed for bankruptcy and completed the process. Your major debts are gone, and you are ready to recover from bankruptcy. When you find yourself in this position, know that you turned your finances around, and this is your chance to get ahead. Here are a few strategies for getting your finances back on track […]
Rebuild Your Credit: Effective Strategies After Bankruptcy
Your credit score takes a big hit after bankruptcy, but you can do things during and after to rebuild your credit. Just because you filed for bankruptcy doesn’t mean that you have to have a bad credit rating. It just means that you have to do a few things that improve your situation. Here are […]