Helpful Bankruptcy Information

Written By: Wesley W. Scott

MN Bankruptcy Lawyer Since 1972


Aug 9, 2017
I know, it’s hard to know who to trust in a field full of companies peddling debt solution services and lawyers offering bankruptcies. When you start to research who to hire it is easy to get confused and overwhelmed. However, what if I told y…
Aug 4, 2017
When a Minnesota resident is looking into Bankruptcy, you have a wide variety of choices amongst lawyers and bankruptcy preparer vendors. The spectrum of services provided range dramatically. Remember only Lawyers can dispense legal advice. So…
Jul 31, 2017
There are many misconceptions and myths about filing bankruptcy. The biggest bankruptcy myth is that you will lose everything you own if you file for bankruptcy relief. Another popular bankruptcy myth is that you will never recover your goo…
Jul 30, 2017
Most clients ask similar questions during a bankruptcy consultation. One familiar question that I am asked is “What is a bankruptcy discharge?” The immediate follow-up question is “How can it help with my debts?” Before I answer either of t…
Jul 28, 2017
When debts turn into a vicious cycle that threatens to never end, filing for bankruptcy can be a wise and prudent choice to move toward financial freedom. There are multiple types of bankruptcy that suit different situations.  The best…
Jul 24, 2017
Did you ever think it was possible to win at filing chapter 7 bankruptcy? It is. Recently, one couple in Woodbury, Minnesota found out how. It doesn’t matter who you are, life is humbling. This was especially true for one Woodbury couple who w…
Jul 19, 2017
When you meet or discuss with a debt consolidation company they may not explain the “fine print” associated with their programs. At first glance debt consolidation programs seem appealing but before you sign the dotted line, make sure you k…
Jul 18, 2017
As a bankruptcy attorney, I know that individuals and couples go through several stages when they are answering the question “Should I file bankruptcy?” While most consumers follow a similar process when tackling this question, not every pe…
Jul 10, 2017
Has your family outgrown your current house? Is your car in need of major repairs? Have you been turned down for a new home, car, or other financing because of your credit? If you’re in debt, you’re not alone: as of 2016, the United State…
Jul 7, 2017
If you’re asking yourself this question, you may feel like you’re literally drowning in debt. You struggle to keep your head above water, but in fact, you’re barely staying afloat. If you’re feeling this bogged down with stress over debt, i…