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Bankruptcy Chapter 7 vs 13: Which Is The Best Option?

Debt Free Colorado

You should get legal assistance from a knowledgeable bankruptcy attorney in Denver. The United States Bankruptcy Code governs both chapter 7 and chapter 13 bankruptcy. Chapter 7 (Liquidation). Advantages of Chapter 7 Bankruptcy. Disadvantages of Chapter 7 Bankruptcy.

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Am I Too Old to File for Bankruptcy?

Sawin & Shea

In this blog, you’ll learn about some of the factors you should take into consideration before filing for bankruptcy. If you’re considering filing for bankruptcy, we encourage you to contact experienced bankruptcy lawyers today. Should I File for Bankruptcy? Call Indiana Bankruptcy Lawyers.

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How Bankruptcy Can Help Reinstate A Suspended Colorado Driver’s License

Debt Free Colorado

Generally, “no new license shall be issued to such person unless and until such judgment is satisfied or vacated or execution therein stayed and proof of financial responsibility given.” the bankruptcy eliminates the requirement that you pay off the debt.

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Will a Bankruptcy Trustee Contact My Employer?

Sawin & Shea

If a potential employer runs a background check, they’ll discover your bankruptcy. And if they search your credit history, they’ll also likely spot your bankruptcy filing. A Chapter 7 bankruptcy remains on your credit history for ten years, and a Chapter 13 bankruptcy will stay on your credit history for seven years.

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10 Common Questions About Bankruptcy

Debt Free Colorado

Find Out the 10 Common Questions About Bankruptcy with Colorado Bankruptcy Lawyers. The decision to file for bankruptcy is a significant one, and we are here to assist you in determining whether bankruptcy is the best course of action for your circumstances. Do Bankruptcies Come in Different Types?

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Dealing With Debt From COVID-19

Debt Free Colorado

If you own a home the consequences of a judgment against you are more significant as judgment creditors can place liens against your home. To speak with a Colorado attorney experienced in debt relief and bankruptcy, call The Law Office of Clark Daniel Dray at (303) 900-8598 or use the tool below to scheduled a free consultation.

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Debt Collection Lawsuits Are Surging

Collection Industry News

The Pew researchers found that while most businesses filing debt collection claims were represented by attorneys, only about 10% of consumers being sued had lawyers. Default Judgments in Debt Collection Cases. The survey data showed that more than 70% of debt collection suits ended in default judgments. Filing bankruptcy.