Left Facing Foreclosure For Sale Real Estate Sign in Front of Ho


Facing a foreclosure can be devastating. If the foreclosure process moves forward, you will lose your home. This is why it’s important that you know and understand your legal rights when it comes to fighting foreclosure before it is too late.

Kain + Henehan are bankruptcy lawyers located in the St. Cloud and Twin Cities area, providing our services to Minnesotans. We understand the concern that accompanies financial troubles and possible foreclosure.

chapter 13 bankruptcy has the ability to permanently stop foreclosures or evictions. It can put you on a path to getting current on your mortgage payments. It allows for you to make payments over 3-5 years to your mortgage holder in order to get up to date.

A chapter 13 bankruptcy allows a flexible payment term that you wouldn’t be able to get working with your mortgage lender. We will go over your mortgage arrears and calculate what chapter 13 payments will look like to get you back on track and staying in your home.

Our process makes it easier to navigate a chapter 13 bankruptcy to avoid foreclosure and allow you to keep your home.

What is Foreclosure?

Foreclosure is a process in which a lender reclaims a mortgaged home or property from the borrower who has failed to make payments on time or has defaulted on their mortgage. The lender takes ownership of the property and can either keep it, rent it out, or sell it, in order to recoup some of the money that was lent to the borrower.

When a borrower fails to meet their obligations under the loan agreement, the lender initiates legal action to foreclose on the property and take back ownership of it. This process can have serious implications for borrowers who have invested in their own homes and may not be able to finance another one. Foreclosure obviously can also have an emotional toll as well.

During the foreclosure process, the homeowner may be able to negotiate with the lender in order to keep their home, or they may need to surrender ownership of it.

It’s important to note that if you’re facing foreclosure it’s important to seek help right away as failing to do so could result in losing your home. Part of seeking help is to talk with the lawyers of Kain + Henehan to see if chapter 13 is a good option. 

Can You Avoid Foreclosure?

Foreclosure is a difficult process for both the borrower and the lender, but it is possible to avoid foreclosure. One way is to file bankruptcy. A chapter 13 bankruptcy has the ability to permanently stop foreclosures or evictions.

Schedule a Consultation With a Minnesota Bankruptcy Lawyer

If you are worried because you have missed mortgage payments and are in arrears, please do not delay. Discuss your situation with us, Bill Kain and Margaret Henehan, so you understand your legal rights and what actions you can take to prevent foreclosure through filing bankruptcy.

We know that facing the prospect of bankruptcy can be intimidating so we make sure to make you feel comfortable and understood.  As a small boutique firm serving all of Minnesota, our goal is lay out your options and make sure you understand the best solution for you.

Please contact Kain + Henehan by calling (612) 438-8006 or filling out the online form.  We begin with a free 60 minute consultation. Your consultation can be completed virtually, via phone, or in-person at one of our two offices in Mendota Heights and St. Cloud.

Schedule a free consultation to learn more about how our office can help you.




Get In Touch

Call or use the contact form below to get started with a free consultation.