Advantages and bankruptcy. Most people wouldn’t put these two words together on their own. However, upon closer inspection, those struggling with debt will find bankruptcy offers a refuge from one of life’s most stressful situations. Here are 5 reasons you’ll be glad you considered filing for bankruptcy. Discharge of debt will set you free The …
In simple terms, chapter 13 bankruptcy is a reorganization plan where the debtor makes payments into a plan for 3 to 5 years. One of the most appealing components of chapter 13 is having a “plan” that allows you to modify the rights of certain creditors and is why chapter 13 bankruptcy is adaptable. As …
A chapter 13 bankruptcy commences just like a chapter 7 bankruptcy — by filing forms with the appropriate bankruptcy court. The main form is a called voluntary petition but there are a LOT of other forms that need to be completed to ensure your case is properly filed. Where the debtor chooses to file a …
Making the decision to file for bankruptcy is not easy. A lot of time and thought goes into it in order to determine whether or not it’s the right option for you. And once you’ve decided bankruptcy truly is the best course of action, you have to determine which kind of bankruptcy to file. Chapter …
3 Reasons People File For Chapter 13 Bankruptcy Instead Of Chapter 7 Read More »
Bankruptcy exemptions are probably the most important part of the bankruptcy system for consumers. The exemptions protect the assets that you need to move forward with your life and to finally get the fresh start you deserve. Receiving a discharge from the bankruptcy court that wipes out a lot of debt is great! There’s no …
Bankruptcy exemptions: The way to protect your assets. Read More »
Chapter 7 Bankruptcy Steps Explained So, it’s official. You’ve decided that chapter 7 bankruptcy makes the most sense for your current financial situation and now you find yourself wondering…what happens next? A chapter 7 bankruptcy begins by filing forms with the appropriate bankruptcy court. The debtor must file their case at the proper venue, which …
What happens after filing for Chapter 7 bankruptcy? Read More »
Although the percentage of chapter 13 cases is steadily climbing, without question, the most common type of bankruptcy is chapter 7 bankruptcy. When you file for chapter 7 bankruptcy, the court places an automatic, temporary stay on your current debts. This prevents creditors from collecting payments, garnishing your wages, foreclosing on your home, repossessing property, …
Most people in the United States are familiar with the concept of going bankrupt. However, the majority of those people don’t understand the actual process of filing for bankruptcy. Although it’s not something people like to think about, bankruptcy can help a person get rid of any debt they have or make a feasible plan …
The various bankruptcy chapters: Know your options Read More »
The bills are piling up and the amount that is owed is significantly greater than the money you have in savings. You are in over your head and you know it — having the ability to admit this fact is a huge accomplishment and an extremely important first step toward fixing the financial problem at …
Qualified Bankruptcy Attorney, How Do You Find One? Read More »
When filing for bankruptcy makes sense? Filing for bankruptcy is not something to be taken lightly. That being said, you can find comfort and confidence in your choice when you know it is the right one. In order to determine if bankruptcy is the best course of action, you’ll want to take a close look …
Now accepting clients from all locations in Colorado. All bankruptcy hearings are now remote and clients residing outside of Denver metro can hire legal counsel from Denver without the need to travel.