If Chapter 7 bankruptcy is an option, you may need a Colorado bankruptcy lawyer
If less drastic methods don't solve your financial problems, a Colorado bankruptcy lawyer may be able to help you navigate through a Chapter 7 discharge of most of your debts. A Chapter 7 bankruptcy is a viable alternative for many consumers in financial distress, but it may be hard to go it alone. That is why it may be critical to hire a qualified Colorado bankruptcy lawyer who can explain the law, process, and limitations to you.
You should learn your options before deciding whether bankruptcy is right for you
Being in over your head financially may be frightening. If you find yourself in this unhappy position, help is available. Chapter 7 bankruptcy or Chapter 13 bankruptcy may be one of the alternatives available to you, but you may need someone to explain all your options. A Colorado bankruptcy lawyer who sponsors Total Bankruptcy can explain these options and offer you real advice based upon your individual situation. A Colorado bankruptcy lawyer can help you decide which course of action may be best for you.
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Colorado Springs
405 South Cascade Avenue Suite 301 Colorado Springs, CO 80903 Map | Directions Case Evaluation | Coverage |
Colorado Springs
2532 W. Colorado Ave. Colorado Springs, CO 80904 Map | Directions Case Evaluation | Coverage |
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Denver
1780 S. Bellaire Street, Suite 828 Denver, CO 80222 Map | Directions Case Evaluation | Coverage |
Englewood
6053 South Quebec Street Suite 103 Englewood, CO 80111 Map | Directions Case Evaluation | Coverage |
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Ft. Collins
419 Canyon Ave. Suite 215 Ft. Collins, CO 80521 Map | Directions Case Evaluation | Coverage |
Greenwood Village
4950 S. Yosemite Street Suite F2 362 Greenwood Village, CO 80111 Map | Directions Case Evaluation | Coverage |
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What happens in a Chapter 7 bankruptcy?
Before you can begin a Chapter 7 bankruptcy case, you must complete a Credit Counseling Briefing. Your attorney can help you arrange that briefing and file the certificate with the bankruptcy court. In addition, your Colorado bankruptcy lawyer can prepare the forms, schedules and petitions required to commence a Chapter 7 bankruptcy case. Collection efforts against you should then stop. However, if someone has co-signed a loan for you, this may not stop creditors for seeking payment from your co-signer. In some cases, to protect your co-signers, you may prefer to file for Chapter 13 bankruptcy.
Will Chapter 7 get rid of all your debts?
Whether or not you can discharge all of your debts in a Chapter 7 bankruptcy case depends upon your debts and your particular circumstances. Chapter 7 does not discharge all types of debt, and if a debt is not discharged you remain legally responsible for it. Non-dischargeable debts include some tax claims, alimony, child support, many property settlement obligations from a divorce or separation, most student loans, fraud debts, and debts associated with most criminal activity. Chapter 7 bankruptcy may also not release you from damages for "willful and malicious" acts such as assaulting another person.
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You may need real help from a Colorado bankruptcy lawyer
As you can see, Chapter 7 bankruptcy is a very complex process and anyone contemplating it is well advised to obtain experienced legal counsel. In addition, the more knowledge you may have of the laws, the better your decisions should be. We provide a myriad of resources to help you determine whether you qualify for Chapter 7 or Chapter 13, updates on new laws from Congress, and the ability to speak directly with someone who knows the law and can give you real, honest advice. When you call (877) 349-1309, you can speak with an experienced attorney who can happily give you a free consultation with no obligation.