© 2024 Lifeback Law Firm, P.A. | Disclaimer | Privacy Policy | Sitemap
Bankruptcy Attorney Marketing Powered by Gorilla.
Judgments can seriously impact our lives in many ways for which we are not prepared. These legal rulings which obligated us to the debts have now been discharged through our bankruptcy, yet they can remain on your credit report and on the judgment rolls of the state court system. Why is this? The answer is that bankruptcy is a federal court proceeding, and judgments are almost always obtained in state court. The existence of the two different court systems means that while the federal bankruptcy court order discharges a debtor’s debts, it does not automatically remove the state court judgment that was entered prior to the bankruptcy case filing. And bankruptcy debtors shouldn’t count on creditors to notify the state court of the bankruptcy discharge and ask that the judgment be removed. There are a number of ways we can clear these matters up and in order to decide which is the best course of action for your specific situation we advise consulting with an experienced professional. Our team of courteous MN Bankruptcy Lawyers would be happy to assist you further but first let’s go over what this process is likely to involve.
Judgments which remain on record with the court are public information and can be used by a number of different parties for making determinations regarding such things as creditworthiness, security clearance, and eligibility for various programs, subsidies or employment which is why it is so important this information is documented correctly following your bankruptcy. There are only three ways in which a judgment can be made to go away: paying the debt, vacating the judgment or discharging the debt through bankruptcy. Since you have gone through the process of filing bankruptcy and met your terms of the arrangement it is only fair to you this be reported as such with the courts and credit reporting agencies. Your creditors have likely been notified of your bankruptcy discharge but there are little resources available for assuring this gets reported back correctly or in a timely manner on the part of the creditor. We are here to ensure you receive the attention your situation demands and to see to it you are treated fairly by the courts and your creditors.
A good starting point for reestablishing your credit and removing old judgments which were included with your bankruptcy would be to obtain a current copy of your credit report after your bankruptcy has been discharged. This should list the judgments on file as well as which state, county and district the judgments are with. You will also need to locate contact information for the county or district that the judgments with so that you may properly inform them of your bankruptcy discharge. Doing this also shows initiative on your part and demonstrates that you are genuinely concerned with your finances and legal obligations.
In order to resolve your post-bankruptcy judgments you must provide the court in which the judgment is held proof that the judgment was a dischargeable debt under your bankruptcy and listed in it, the bankruptcy case has been discharged and that the judgment creditor did not successfully object to the judgment debt’s discharge. If all of this is true, then send the required proof along with contact information for yourself to both the courts and the initial creditor which entered the judgment against you.
The purpose of notifying your creditors in addition to the courts is to eliminate your creditor’s ability to claim they were unaware of your bankruptcy discharge. If there is a judgment docketed against a non-exempt asset, the judgment will not be removed, and you will have to work out a different arrangement, usually involving payment of a portion of the judgment, to have the judgment satisfied by the judgment creditor. In instances where the judgment is secured with property or assets it is best you consult a knowledgeable MN Bankruptcy Lawyer before proceeding.
If the debt is unsecured and allowable to be discharged under the terms of your bankruptcy your creditor should have no issue in reporting the debt properly as being discharged under your bankruptcy. Some creditors will respond accordingly and allow the judgment to be closed as discharged under your bankruptcy while others will choose not to respond and leave the matters to the courts. Because of this it is very helpful to have a trained MN Bankruptcy Lawyer in your corner protecting your rights.
Although the judgment will remain on your credit report as being discharged in bankruptcy this does not mean you haven’t significantly improved your credit by seeing to it that it is reported properly. Judgments which have been satisfied through bankruptcy are much easier to explain to future lenders or employers than outstanding debts left unaddressed for a number of years. Your credit score is based on the size of your debts, the length of time the account has been open and your payment history. By simply closing out these old debts and having them reflect correctly on your credit report you can greatly improve your credit and begin to rebuild your finances.
Old outstanding judgments are one of the most difficult aspects to address with a bankruptcy and because it requires dealing with a number of involved parties it is advised you seek the help of an experienced professional. Our helpful and friendly staff is available to address any of your questions and concerns regarding your specific needs. Do not hesitate; contact one of our numerous Minnesota locations near you today so that we may help.
Compare the advantages and disadvantages of bankruptcy.
© 2024 Lifeback Law Firm, P.A. | Disclaimer | Privacy Policy | Sitemap
“Very nice people, they really help alot and make your visit very comfortable.. thanks ”
- Sue L.
“I went to google to check out some attorney's in the Mpls area and the first office that came up was Kain & Scott. I checked out their website and I was sold on them right away! I was very impressed with what I read about them and the people who worked for them.”
“If you, or somebody you know, is considering filing for bankruptcy, do yourself a favor, don't bother contacting just any law firm. Contact Kain & Scott! They will make you feel more relaxed and less stressed than you've felt in a LONG time! THEY HAVE YOUR BEST INTEREST because THEY CARE ABOUT YOU. Call them or email them. You will NOT be sorry.”
- Justin T.
“Kain & Scott PA is the nicest law firm they don’t judge and have amazing people to answer the phones and be patient with clients like us Megan Rockenbach is such a good listener and very kind on the phone.”
- Ceairra B.
“Everyone in the office is extremely helpful and nice!”
- Miranda M.
“These are very kind and helpful people who take the stigma out of bankruptcy and treated me like I wanted to be treated. They understand good people sometimes have hard times. Wes Scott and his team are so nice! Stephanie Buerger has been a savior and responds to my email or phone call questions the same day. It feels like small town service with big city talent and reputation!”
- John S.
“They live up to their motto of being the friendliest lawyers around. The welcome receptionist comes around to greet you and leads you to a private room furnished with snacks and drinks. There is a massage chair in the room and your name is on a sign welcoming you personally to the private space.”
- Brother S.
“There are no better bankruptcy attorneys in MN - from the initial conversation to working with Veronica on payments, there are no finer people to help you get your life on track. Bankruptcy can be a terrifying thing, but Kain and Scott absolutely have your back.”
- Andrew K.
“After doing a bunch of internet research for Bankruptcy Attorneys, Kain & Scott PA overshadowed all others I had looked at. If you are not sure what to do, which option is best or who to choose, please call Kain & Scott. They will listen to your situation and tell you what your best option would be. Again call Kain & Scott, you will be glad you did! I know I am!!”
- Tammy E.
“I am not one to ever right a review, but with how wonderful Kain & Scott are I just have to let other people know. I would most definitely recommend them to my family, friends, or a colleague who is looking at filing bankruptcy.”
- Jessica A.
“Kain and Scott is the BEST!! Margaret H. helped me out a great deal when I was going through my hardship! I really love the fact that all the staff including Lindsay B. was kind enough to answer some personal questions that I had along the way. I wouldn't choose another company to work with! Thank you everyone who made my journey as a BREEZE! Now I would like to include Stephanie V. Buerger for congratulating me on my journey stepping forward to a debt free life! Stephanie Googins has done a great job providing me with additional information after the bankruptcy proc”ess!
- Gina S.
“I highly recommend this firm as well as recommending bankruptcy! Times have changed and it's not a big deal like it may have once been or how old people talk about it. It's truly a new beginning. This has made my life so much simpler. Exactly what I needed heading into a divorce. I can't thank these guys enough!! ”
- Mandy B.
“The process was so easy, this firm does all of the work for you and really works for you. They are great in responding to any questions you may have. I would recommend this firm to anyone who is struggling with debt. They are also very cost effective, and will work with you for payment arrangements. We couldn't be more satisfied! Debt free finally!”
- Katie B.
“All I can say is wow! From the moment I walked in the door I felt welcome and better right away! Everyone one treated me like me like my story actually mattered! I worked with Misty Myers and she was such an amazing person to work with! She made things so easy and just took charge right away with trying to help! I highly recommend Kain and Scott! I couldn't be happier with how I was treated!”
- Dustin S
“Even from the first conversation I had on the phone regarding their services, I knew I was going to choose them. I made an appointment for the following week and was welcomed with no judgement. The whole process was fast and efficient. I worked personally with Misty, Samantha, and Callie but everyone there was extremely helpful when I had questions. There was little to no paperwork and they did most of the work for me. My only regret was not filing sooner!”
- Megan W.
“The staff at Kain & Scott were amazing! They make you feel very comfortable from the first time you step in the door. Everything is well organized and they respond quickly to any questions you have. Shout out to Wes, Calli, Megan, Sarah, and Lindsey you all were great in helping me get my life back. Keep up the good work!!”
- Toby A.
“I have to say I have had the greatest experience filing bankruptcy with Kain&Scott. Kelsey B Quarburg and Jesse A Horoshak were two of the most professional attorneys I have ever worked with. Jesse showed up at my 341 meeting totally prepared. Other attorneys along with their clients weren't. Jesse and I weren’t called up first, so I had the privilege of seeing how this meeting would work. The first two clients and attorneys weren’t prepared at all, they were told by the federal trustees,that they were missing paperwork and information. It took these two clients and attorneys 20 minutes each to get through the process. Jesse had 1 client he was representing before me. The process was flawless, 5 minutes and the process was complete. My meeting took 5 minutes. It proved to me choosing the best law firm matters. Kelsey B Quarburg is the best. She was very professional yet she was also human. She would respond to my emails at odd times of the day and night. She kept me informed every step of the way. Thank you both. Thank you Callie for making sure my paperwork was forwarded and up to date. What a team. Thank you all so much for a job well done ,and I mean this from the bottom of my heart. Once again thank you all,for giving my life back. GOD BLESS YOU ALL ”
- Maurice W.
“Stellar customer service and you have the “how can I help you” staff! You made my future easier to handle and I have so much more confidence especially with your staff behind me. I appreciate all your help and time you spend helping me address my credit. ”
- Nancy N.
“I am very fortunate to have found Kain & Scott. They made my experience fast, friendly and trustworthy. Thank you to Megan R. for being flexible with payment arrangements and really understanding what other people may be going through and how to do what is best for them. 😊 Thank you to Stephanie Buerger as well,for being very welcoming and easy to work with during my initial info gathering. Thank you gals for making my experience a low stress to the point “filer friendly” experience. ”
- Scott K.