Our Denver, Colorado Chapter 7 And Chapter 13 Bankruptcy Attorneys Are On Your Side
You’re looking for an attorney for bankruptcy in Denver… someone on your side for once. That’s all you really want, isn’t it? You want the phone calls to stop, the lawsuits to stop, the garnishments to stop. You want to keep your home and your car, to get a good night’s sleep and enjoy life again. That’s us. We help people who have been blindsided by life’s unexpected events secure their financial future. We can help.
Chapter 7 or Chapter 13 bankruptcy is the solution you’re looking for.
Bankruptcy is the most powerful weapon you have to fight overwhelming debt. It will stop the calls and garnishments. It can stop foreclosures. Lawsuits have to stop. It will reset your financial life and get you on the path to financial recovery.
Bankruptcy can also be one of the best financial decisions you’ve ever made. It will eliminate overwhelming debt that could take you years and years to pay off. It will remove harmful entries on your credit report that are keeping you from qualifying for a mortgage or rental lease or a new car. Most people will see a dramatic improvement in their credit score within a year of filing bankruptcy, even without doing anything else. We can discuss strategies to help you improve your credit score after you file.
How We Can Help You
We’re a full service law firm. For your convenience, we offer phone, video, and in-person consultations and meetings. Other than collecting some essential documentation (e.g. paystubs, bank statements, tax returns, and a few other things), filling out a simple questionnaire, and taking the required credit counseling classes, we’ll be doing everything for you. We’ll prepare your petition, file it with the court, appear with you at your hearing, and generally run interference for you against your creditors, the court, and the trustee. When you need us, we’ll be there.
Having a debt relief attorney will change your life. Imagine enjoying your life again without worrying about debt collectors knocking on your door or showing up at your job. Picture being able to enjoy time with your family and friends again. Imagine being able to answer your phone without worrying whether or not it’s someone calling you to harass you about a debt you can’t pay.
Think about your dream home or going on vacation with your family. Instead of dreading what the next day will bring, dream about working toward the life you want.
We’re in your corner. We have helped hundreds of people just like you eliminate millions of dollars in overwhelming debt. We’ll fight for you and get you on the road to a fresh financial start.
From the first time we meet until the court closes your case, we’ll be by your side for every step of the process. Our initial consultation is a casual conversation where we talk about your entire financial situation to make sure there aren’t any hidden landmines that might complicate your journey. We’ll answer all of your questions and provide whatever information you need to make the best decision for you. From there, we’ll help with pre-filing planning to make sure that if you have any assets the bankruptcy court may be interested in, they are as protected as possible. And then we’ll talk to you about the best time to file and how to navigate any obstacles posed by your creditors.
Bankruptcy in Colorado can be an intimidating process. We’re here to guide you through it.
Chapter 7 Bankruptcy In Denver, Colorado
If you’ve been doing your research or talking to friends and relatives, you’ve probably heard about Chapter 7 bankruptcy. Roughly 80% of people who file bankruptcy in Colorado will file a Chapter 7. Chapter 7 is appropriate for people who are within the income limits and whose assets are valued within the Colorado bankruptcy exemption amounts.
Chapter 7 bankruptcy is also referred to as “liquidation” bankruptcy. What that means is that any assets you have (i.e. personal belongings and real estate) that are worth more than what is protected by the Colorado exemptions, those assets will be sold with the proceeds going to pay your creditors.
At your initial consultation, we’ll go over your assets to prepare you for any potential problems. Keep in mind that 85% – 90% of people who file Chapter 7 don’t turn over any assets. The most common asset that gets turned over in Colorado is probably tax refunds for the year that your case is filed. Even that is not that common and usually just happens at the beginning and end of the year. Most people who file Chapter 7 in Colorado don’t have to worry about losing their home or their car.
A typical Chapter 7 takes about four months from the time your case if filed until the court closes your case. There are a few things that can
An experienced Denver bankruptcy lawyer will safely guide you through the Chapter 7 process to make sure that you eliminate as much debt as possible while keep as much of your assets as possible.
Even after your case closes, we’ll be there for you to answer your questions or deal with any debts that should have been discharged.
Chapter 13 Bankruptcy In Denver, Colorado
Chapter 13 involves repaying some (or all) of your debt to your creditors by making monthly payments to the Chapter 13 bankruptcy trustee for three to five years. Instead of making payments to multiple unsecured creditors, you’ll make a single payment to the Chapter 13 trustee, even for past taxes and student loans.
The most common reason someone will file a Chapter 13 instead of a Chapter 7 bankruptcy in Colorado is that their income is too high to file Chapter 7. However, someone may file a Chapter 7 if they need bankruptcy court protection but filed a completed Chapter 7 within the previous eight years. Another common reason someone files a Chapter 13 is to get caught up on their mortgage. Finally, someone might file a Chapter 13 instead of a Chapter 7 if they have an asset that is significantly more valuable than what is protected under the Colorado bankruptcy exemptions. The benefits of filing a Chapter 13 bankruptcy may outweigh the benefits of filing a Chapter 7 bankruptcy.
There are essentially three factors that determine how much someone will have to pay in their Chapter 13 bankruptcy plan: their disposable income, the type of debts they have, and the value of their assets.
During your initial consultation we’ll cover these three factors to give you an idea of what your Chapter 13 bankruptcy plan will look like. Keep in mind that it will only be an estimate, as we need detailed information about your income, assets, and debts before we can come up with a proposed plan payment amount.
We’ll be with you during your entire Chapter 13 bankruptcy, for three to five year. You can reach out to us to answer any questions or even help with applications to incur new debt if you’re trying to buy a new home or car.
Schedule Your Free Bankruptcy Consultation Today
The easiest way to make an appointment at a time that is convenient for you is by visiting our scheduling page.
Denver, Colorado Bankruptcy Attorney Reviews
We have helped hundreds of people just like you successfully negotiate chapter 7 and chapter 13 bankruptcy process. We strive to provide excellent service. You can read reviews from our happy clients on our Google page.