Colorado Springs Bankruptcy Lawyer: 719 227-8787
Chapter 7 Bankruptcy in the Colorado Springs/Pikes Peak Region
Chapter 13 and Chapter 7 are both chapters of the Bankruptcy Code, otherwise known as Title 11 of the U.S. Code. They are the most commonly used chapters for people who are unable to pay all of their debts. The most basic differences between them:
In a Chapter 7, you agree to give up your non-exempt … Read moreChapter 13 & Chapter 7 – What’s the Difference?
It seems like such a good idea: Settle your debts, repair your credit, avoid bankruptcy! The ads are enticing:
Save 50% of what you owe! Avoid Bankruptcy!
Have 10K+ in debt? Cut Your Total Up To 70% & Be Free In 36 Months.
Blah, blah, blah, . . .
But do these companies work? In my experience, NO.
I often … Read moreCan One Of Those Debt Settlement Companies Save Me From Bankruptcy?
Hiring a Bankruptcy Lawyer can be very confusing since there are so many lawyers claiming to be the “best” bankruptcy lawyer for you. So, how do you decide who to hire?
Everybody is different. We all have our own likes and dislikes. When it comes to hiring a lawyer to help you with your bankruptcy case, … Read moreHiring a Bankruptcy Lawyer
In the vast majority of bankruptcy cases filed in Colorado Springs, people never have to go to the official Bankruptcy Court in Denver or even see a Bankruptcy Judge. There are exceptions to this rule however. You will, however, have to go to your “Meeting of Creditors”.
For a lot of people probably the scariest thing about filing for bankruptcy is the fear of losing everything they have: their house, their car, even their family pictures and baseball card collection. Well, in most cases, you don’t have to worry about losing all of your stuff, since most of it will be “exempt” from being taken to pay your debts.
The next question that must be answered before you can file your bankruptcy case is: “How long have you lived in your current state?” Under the bankruptcy venue law, you must have lived in your current state for at least “the one hundred and eighty days immediately preceding” the filing of your case, or “for … Read moreDo I Qualify for Bankruptcy – Part 3: How Long Have You Lived in Colorado?