Things You Can Do When You File Bankruptcy In Colorado
Wondering what you can do when you file Chapter 7 or Chapter 13 bankruptcy in Colorado? Read on to learn more about the Chapter 7 and Chapter 13 bankruptcy process in Colorado.
Bankruptcy is a process that allows you to legally eliminate or reorganize certain debts. In exchange, you’ll have to disclose some information about your income, assets, debts, and expenses. You’ll have to take a couple of short, online financial management classes. Finally, you’ll have to appear at a brief meeting with the trustee.
Beyond that, you’re free to do whatever you want. Confused? Did your co-worker’s uncle’s brother-in-law hear that you won’t be able to do anything for 10 years and that bankruptcy will ruin your life? Bankruptcy myths run rampant. There is a multi-trillion dollar lending industry that wants you to think bankruptcy is a bad idea. Nevermind all of the successful businessmen who have filed.
Bankruptcy is completely legal and was including in the Constitution by our founding fathers. Bankruptcy allows filers to get a fresh start instead of being stuck in a constant rut of barely making ends meet.
Bankruptcy Is Not A Life Sentence
Filing bankruptcy doesn’t mean your financial life will end. You won’t be in bankruptcy jail for the next seven to 10 years. You’ll be surprised by what will change.
You’ll be able to breathe easily. You can answer your phone without worrying about getting yelled at by a debt collector. You can start putting money in savings for your retirement, your child’s college education, and even vacation (when was the last time you went on vacation?).
You can qualify for a car loan almost immediately after you file Chapter 7 bankruptcy. You’ll be able to qualify for a mortgage two years after you file Chapter 7 bankruptcy and a year after you file Chapter 13 bankruptcy. Offers for credit cards will flood your mailbox.
You can rebuild your credit score almost immediately by looking for a secured credit card.
Talk To An Experienced, Denver Colorado Bankruptcy About What You Can Do When You File Bankruptcy In Colorado
We offer free consultations to people who are wondering what they can do when they file bankruptcy in Colorado. During your consultation, you’ll meet with a top-rated Denver, Colorado bankruptcy attorney to review your financial situation and talk about whether or not bankruptcy might be a good option for you.
The easiest way to make an appointment at a time that is convenient for you is to visit our scheduling page.