While not as hard hit as Florida or California, Colorado was not unaffected by the bursting of the housing bubble in 2007 and 2008. As we approach the tenth anniversary of the greatest American financial crisis since the Great Depression, some Coloradans are still picking up the pieces. Many homeowners who sought a fresh start…Read more
Do Chapter 7 And Chapter 13 Bankruptcy Affect My Credit Score Differently?
When dealing with overwhelming debt, bankruptcy can be the fastest way to help you recover and get the fresh financial start you need. Of course, one consequence of filing bankruptcy is that it will remain on your credit report for several years after you file. You should know that there are differences between Chapter 7…Read more
Are Taxes Non-Consumer Debt In Bankruptcy?
I was meeting with a potential client the other day and trying to solve a puzzle. He owed a significant amount of back taxes, but his income was also high enough that it appeared that he would need to file a Chapter 13…Read more