Colorado Springs Bankruptcy Lawyer: 719 227-8787
Chapter 7 Bankruptcy in the Colorado Springs/Pikes Peak Region
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.
An article in today’s Gazette* summed up the current state of the economy in the Pikes Peak region, calling it a “severe recession” that has cut sales for more than 70% of businesses in the area. Unfortunately, the likely result in the near future will be more businesses cutting back or closing and more of our … Read moreColorado Springs in a “Severe Recession” – outlook not good