When you file Chapter 7 bankruptcy, all of your dischargeable debts will be eliminated about 90 days after your attorney files your bankruptcy petition. When the discharge order enters, you are no longer legally liable for those debts. Notice I emphasized the word “dischargeable”. If you are considering bankruptcy, it’s important to know that bankruptcy…Read more

I’m always a little surprised by the questions I sometimes get when I tell people I’m a bankruptcy attorney. People ask things like, “Isn’t bankruptcy like stealing?” ” Do your clients go out and run up their credit cards on big screen TVs before they file?” None of these things are true, but unfortunately bankruptcy…Read more

When people come in for their first meeting with me, I ask lots of questions. One of those questions is how they’ve been making ends meet. For many, they’ve stopped paying their bills. Others have gotten help from family members. But more often than not, people tell me that they have resorted to payday loans.…Read more

I love the Internet. Ask my wife. She’ll tell you I spend far too much time Web surfing. It’s a great source of entertainment and information. But I’m sure I’m not the first one to tell you that you can’t believe everything you read online. During my first time meeting with a potential client, he…Read more

When someone co-signs a loan for you, they are promising to repay the loan in case you’re unable to pay it back. So, if you stop paying on the loan, the lender is going to go after your co-signer. If you’re thinking about bankruptcy, it’s important to consider what impact it will have on your…Read more

If you come in for a free consultation, one of the things we’ll talk about is whether or not I think you should file chapter 7 or chapter 13 bankruptcy. If you’ve just started researching the bankruptcy process, Chapter 7 and Chapter 13 are the two primary types of bankruptcy that individuals file. Other types…Read more

It might be tempting to run up your credit cards right before you file bankruptcy. Why not, right? You’re going to discharge everything anyway. Besides, credit card companies are used to it. It’s a “cost of doing business.” Think again. It shouldn’t come as any surprise that the Bankruptcy Code anticipates that filers might be…Read more

One of the best reasons to use a bankruptcy attorney when you file bankruptcy is to make sure that you keep as much property as the law allows. When you file bankruptcy, you’ll have to take account of all your assets. That includes everything from your pots and pans to your retirement account. All of…Read more

I’m not stupid enough not to realize that many people have a poor impression of lawyers.  I watch TV. I’ve seen those commercials, and I can’t blame them. There are plenty of bankruptcy lawyers out there who seem to suggest that bankruptcy is an easy choice and will take care of all your problems.  No…Read more

Filing Bankruptcy In Colorado After You Walk Away From Your Mortgage There has been a lot of talk about whether or not homeowners should walk away from their mortgage lately, and we thought it would be helpful to write about how bankruptcy and walking away intersect. It probably comes as no surprise that homeowners who…Read more