Colorado Bankruptcy Filers Need To Know All The Options Under Federal Law
Filing Chapter 7 and Chapter 13:
Both individuals and families have various options and requirements for filing for bankruptcy in Colorado. Choosing the best option will be based on your specific financial situation, including:
- Whether you are filing for bankruptcy as an individual, married person, or as a business
- If you are able to repay debts when consolidated into one monthly payment
- If you want to ensure that your property does not enter foreclosure
- If you are not comfortable entering into a bankruptcy proceeding without repaying your debt
The Right Bankruptcy Advice:
The below pages are designed to help you understand more about filing bankruptcy in Colorado, including some common misconceptions and answers to frequently asked questions.
- Chapter 7 Process
- Chapter 13 Process
- Restarting your Credit
- Bankruptcy Myths
- Frequently Asked Questions
- Terms and Vocabulary
- Resource Links
- You’re Not Alone
Bankruptcy Process in Colorado
Bankruptcy filings often involve complex procedures. In addition to filing detailed accountings of debts and assets as part of the application, it can also require the filing of back tax returns and strategies for keeping important property such as the home or cars. Bankruptcy litigation requires a clear and concise presentation before a Judge, as well as often-meticulous negotiations with each creditor. Experienced bankruptcy lawyers in Colorado understand the accounting concepts behind the negotiations. This understanding can make a critical difference in the success of a bankruptcy filing.
Contact Allstate Law Center, Colorado’s Bankruptcy Law Experts Today:
Call the Allstate Law Center now to schedule your free debt evaluation by phone 1-877-490-3333 or come into our offices.