Categories: Peter's Blog

2019 Tax Season and Chapter 7 Bankruptcy

Denver Bankruptcy Law Firm Mile High Bankruptcy is ready for the busiest time of the year for bankruptcy attorneys, the tax season and the beginning of the New Year.

Many people are able to use their tax refund to pay for their bankruptcies. It is the one time of the year they have a bit of extra money and wish to use their refunds to receive a fresh financial start and be rid of unwanted debts and the pressure these debts cause for them and their families.

It is also wise to plan their Chapter 7 Bankruptcy for filing after they have received their refund and spent it on ordinary expenses for themselves and their families.

This must be done correctly as there are certain things, like paying debts to family members, which are forbidden and can cause problems in the case. ALWAYS consult a competent and experienced bankruptcy lawyer to review these rules so that things can be processed correctly.

If you have questions about filing chapter 7 Bankruptcy, call me, Peter Milwid (303-831-0733), President of Mile High Bankruptcy, ANYTIME, and I would be happy to discuss your financial situation and explain how you can get a fresh financial start for 2019!

Published by
Peter Milwid

Recent Posts

More Property Protected in Bankruptcy Under New Colorado Exemption Laws

On April 7, 2022, Governor Polis signed into law Senate Bill 22-086 which greatly increased…

2 years ago

Inflation Will Cause More Bankruptcies

I have generally stayed away from predictions in this blog, but the current economic situation…

2 years ago

What Does Chapter 7 Bankruptcy Really Cost in Denver, Colorado?

The issue of attorney’s fees is an important and confusing issue for folks facing bankruptcy. …

2 years ago

The Effect of Omicron Variant on Bankruptcy Clients

The recent surge in Covid spurred by the Omicron Variant has hit bankruptcy clients particularly…

2 years ago

How Long Does A Chapter 7 Bankruptcy Take to Complete?

There are two parts to answering this question: the time necessary to prepare and file…

3 years ago

Chapter 7 Bankruptcy Is about Hope, Not Despair

People who come to see me are often scared and depressed.  Not necessarily clinically depressed…

3 years ago