We have extensive bankruptcy experience representing financial institutions of all types, including banks, automobile finance companies and agricultural lenders.
Our representation has included:
We have litigated adversary proceedings, including nondischarge and nondischargeability actions and priority disputes.
Our diverse bankruptcy court experience includes representing:
And providing streamlined procedures and predictable flat fee arrangements for successfully representing automobile finance companies on an ongoing basis in individual Chapter 7 and 13 cases.
Bankruptcy is a legal proceeding wherein an individual or a business has failed to pay his or her bills to the point that they need to seek out a new financial start. Bankruptcy is a complicated procedure and should only be considered with careful assistance from a skilled bankruptcy attorney in Denver, CO. Federal law is what governs bankruptcy, meaning that all bankruptcy cases are handled in federal courts. Filing bankruptcy can stop creditors from trying to collect debts from you.
There are four different options for bankruptcy, which should be discussed with your Denver, CO bankruptcy attorney:
Most individuals who seek to file personal or joint bankruptcy are required to file either chapter 7 or chapter 13 bankruptcies. It is very important for both individuals and companies to consult an experienced bankruptcy attorney before attempting to file any type of bankruptcy in Denver, Colorado.
Filing bankruptcy in Denver, CO with the expert guidance of a skilled bankruptcy attorney can present multiple possibilities when it comes to handling your debt, including:
Bankruptcy is not the best option for every person or for every financial problem. A highly qualified bankruptcy attorney should always be consulted before you even considering taking bankruptcy action in Denver, CO. Even in cases of bankruptcy, there are certain actions that cannot be taken. Bankruptcy cannot:
The current cost to file bankruptcy under Chapter 7 in Colorado is about $300. It currently costs slightly less to file a Chapter 13 bankruptcy. This price stays the same regardless of whether the bankruptcy is for one individual or a married couple. It may be possible that the court will permit you to pay the filing fee in monthly or weekly installments, if you do not have the ability to pay it all at once. If you hire a Denver, CO bankruptcy attorney, you will also be responsible for paying his or her fees, which are generally considered to be a very worthy investment.
It is a common misconception that people will not be able to own anything of any value for a specific period of time after they have filed for bankruptcy. This is not at all true. You will be entitled to keep your exempt property and obtain new property after your bankruptcy is filed. However, if you receive certain assets, such as an inheritance or life insurance policy benefits within 180 days of your bankruptcy, those funds might need to be given over to your creditors. You should always check in with your Denver, Colorado bankruptcy attorney when you are unsure of which assets are exempt.