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
Colorado Chapter 13 Debtors Can Repay Their Debts Over 60 Months, Even If They Could Pay Them Off Sooner
Chapter 13 bankruptcy, as opposed to Chapter 7 bankruptcy, requires filers to repay a certain amount of their unsecured debt over a period of three to five years. Usually, whether someone is in a Chapter 13 plan for three years or five years can depend on factors such as their household income, whether they owe…Read more
Free Credit Counseling, Even If You Don’t Hire Us
Starting today, we will pay for your online credit counseling, whether you hire us or not. All individuals who file either chapter 7 or chapter 13 are required to take the class, which you can take in the comfort of your home. The required credit counseling session will include an evaluation of your personal financial…Read more
Colorado Bankruptcy Median Income As Of November 15, 2013
The Department of Justice’s United States Trustee Program has updated the median income numbers for bankruptcy, effective November 15, 2013. Here are the new numbers: Household size 1: $50,242 Household size 2: $65,701 Household size 3: $71,138 Household size 4: $83,330 Add $8,100 for every household member over the household size of 4. In bankruptcy,…Read more
How Will My Fiance’s Bankruptcy Affect Me After We Get Married?
Every so often a newly engaged couple will come into my office. When I ask them when their wedding will be, they say something like, “We don’t know. That’s why we’re here.” More often than not, one of them has filed, or is thinking about filing, bankruptcy. They want to know how it will affect…Read more
How Will My Bankruptcy Affect My Cosigner’s Credit Report?
As with so many legal issues, the answer to the question of whether your bankruptcy will affect your cosigner’s credit report and score is, “it depends”. As the filer, your bankruptcy will be reflected on your credit report in two ways. First, your bankruptcy will appear on the report as a public record for 10…Read more
What To Do If Your Credit Report Doesn’t Show Your Bankruptcy Discharge
After the bankruptcy court has closed a client’s case, we often never hear from our clients again. We’re okay with that. Not because we don’t want to serve them, but because we hope they never find themselves having to file bankruptcy again. But it’s not unusual to hear from a client after their case is…Read more
Will Late Payments Still Show Up On My Credit Report After Bankruptcy?
One worry that many people who come in to meet with us for a consultation is how bankruptcy will affect their credit report and credit score. Oftentimes, their credit report and scores have taken big hits. By the time they come to consider bankruptcy, most of my clients have gotten behind on their payments. Naturally,…Read more
DIY Bankruptcy – Three Reasons Not To Hire A Bankruptcy Attorney
As you start to learn about the bankruptcy process and start talking to bankruptcy attorneys, here’s one thing you should know: you don’t have to hire an attorney to file bankruptcy. If, after you’ve had consultations with a few lawyers you don’t find any that you’re comfortable working with, or you simply can’t afford their…Read more
The Real Consequences Of Bankruptcy Fraud
If you follow popular culture, you might be aware of the news of husband and wife reality television celebrities being indicted for bankruptcy fraud. As I understand the story, the two have been accused of exaggerating their income to qualify for loans and then of hiding their income and assets when they filed their…Read more
- « Previous Page
- 1
- …
- 14
- 15
- 16
- 17
- 18
- …
- 71
- Next Page »
