Bankruptcy & Personal Injury Attorney

Welcome

Financial problems can cause tension in every area of your life. You may find that you are taking increasingly drastic measures in order to satisfy your creditors. If you are raiding your retirement accounts or paying one credit card balance with another, it is likely a sign that you need a change of direction. You don’t have to feel hopeless, we may have options to help.

Bankruptcy

Bankruptcy is a process in which consumers and businesses can eliminate or repay some or all of their debts under the protection of the federal bankruptcy court. For the most part, bankruptcies can be divided into two types — liquidation and reorganization.

Foreclosure Avoidance

Your home is more than just a piece of real estate. Your home is a place of great emotional attachment and fond memories. If you are behind on your mortgage, or afraid you will be soon, it’s best to contact a Chapter 13 bankruptcy attorney sooner than later. There are several options available to you, and the more proactive you are the better your chances for finding the right solution.

"In the middle of every difficulty lies opportunity." Albert Einstein Let's Talk!
  • Bankruptcy
  • Chapter 7
  • Foreclosure Avoidance

Bankruptcy is a process in which consumers and businesses can eliminate or repay some or all of their debts under the protection of the federal bankruptcy court. For the most part, bankruptcies can be divided into two types — liquidation and reorganization.

Chapter 7 Bankruptcy

A Chapter 7 bankruptcy is known as a “straight” bankruptcy, or liquidation. It’s the most common Chapter for consumers. If you have more debt that you could ever imagine repaying, you could be an ideal candidate for Chapter 7. You can often eliminate all of your unsecured debt and stop creditor harassment and garnishments. Chapter 7 Debtors typically receive a discharge of their debts within a few months and can then focus on their future with a fresh start.

A Chapter 7 Trustee is appointed to each case that is filed to determine if the Debtor has any assets that may be liquated. Any proceeds the Trustee is able to collect will be distributed to your creditors in order of priority. Now before you panic, it should be noted that there are several exemptions under Colorado statute which exclude certain personal property from the liquidation process. In most cases my clients are able to keep most, if not all of their personal belongings. It takes an experienced Colorado Chapter 7 bankruptcy attorney to advise you on what assets are protected and how to plan for a Chapter 7 bankruptcy.

My firm is not in the business of filing cases where clients unexpectedly loose significant assets. We thoroughly review every client’s financial records. We can help you take steps to protect your assets. You will know what to expect during each step of the process when our Denver attorneys file a Chapter 7 Bankruptcy case for you.  Debtors must disclose all their debts, property, assets, and financial information from the last few years. You must also be under an income threshold for your household size to qualify for a Chapter 7 bankruptcy. Chapter 7 is best for clients without significant assets and income.

Beware of your local $299 bankruptcy petition preparer advertisements that you may find on billboards and craigslist. These companies are not allowed to provide you any legal advice on the state exemptions and protecting your assets. Trying to save a couple hundred bucks could cost you much more.

Your home is more than just a piece of real estate. Your home is a place of great emotional attachment and fond memories. If you are behind on your mortgage, or afraid you will be soon, it’s best to contact a Chapter 13 bankruptcy attorney sooner than later. There are several options available to you, and the more proactive you are the better your chances for finding the right solution.

I filed for bankruptcy in October of 2010. I was very satisfied with how prompt and efficient Chris German was with the process of my case. He had me debt free in no time! 

Melissa W, Englewood