When you file your petition, the “automatic stay” may take effect depending upon whether you have had more than one bankruptcy case pending and dismissed in the year before filing the current case. The automatic stay prohibits creditors from taking collection action against you or your property. The bankruptcy court issues a notice to all…Read more
Top 7 Reasons Your Debts Won’t Be Discharged in Bankruptcy
One of the things that I get asked in almost all bankruptcy consultations is whether or not I think there’s any chance that someone will keep one of my clients from having her debts discharged. While having the trustee, US Trustee, or creditor object to someone’s bankruptcy is not out of the question, it is…Read more
Walking Away From Your Mortgage In Colorado
There has been a lot in the news lately about homeowners who are upside down and underwater on the mortgages and have decided to walk away from their homes and their mortgage. The question in the back of my mind is whether this is a walk down a yellow brick road, or a path to…Read more
Where A Bounced Check Can Land You
If you’ve had a checking account, at some point you’ve probably been in the red. It’s especially an easy thing to do in this Electronic Age when all you have to do is whip out your debit card and keeping track of your balance can be either as easy as checking it online or as…Read more
5 Things To Ask For In A Debt Settlement Negotiation To Save Money
Read on to learn about the 5 things to ask for in a debt settlement negotiation to save money. Know what I hate? I hate having any work done on my car. I loathe going into the shop and being at the complete mercy of the mechanic, because I don’t know anything about how cars…Read more
Can a Debt Collector Call My Boss?
Lately, your phone has been ringing non-stop. Your credit card company is calling and wants to know when they are going to get paid. Even worse, they’ve started calling you at work. Can they talk to your boss or co-workers? Human resources? It depends. Generally, without the prior consent of the consumer given directly to…Read more