If you want to, in general, yes. If you own a car-free and clear, the exemption laws (the laws that protect people’s basic property) allow you to keep up to two cars with a value of $7,500, or $10,500 if you are over 60 or disabled. If it is a joint case, you can double […]
The short answer is “right away”. The first physical manifestation of filing bankruptcy is that you will be inundated with junk mail from car dealers all over the state, and credit cards all over the country offering you new credit. To most clients, this makes no sense. “I just filed bankruptcy! How can they offer […]
Stimulus Checks and Chapter 7 Bankruptcy in Colorado Finally! the Relief bill was signed into law and Stimulus checks have begun to be paid to many in need. People ask me if the stimulus money will be taken in bankruptcy, and it will not. The United States Trustee’s position is that these funds are benefits […]
The Differences between Chapter 7 and Chapter 13 Bankruptcy in Colorado This blog post will outline the differences between these two bankruptcy options. It is in no way a complete analysis, but rather a short overview. If you are confused and want further explanation of these options, feel free to call me, Peter Milwid, at […]
A Fresh Start for All of Us in 2021!! Unless you had a new baby or got married or had some other event of beauty and good fortune, I think we can all agree that 2020 was a challenging and pretty terrible year. The devastating virus, the shutdowns, layoffs, and inconsistent and ever changing school […]
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 […]
As we all know, Denver’s population has exploded in recent years. Many people arrive here seeking a better life, but often have debts from the past that they do not want to follow them to their new home. Bankruptcy law is a Federal law meaning it is available in any state. A few rules do […]
Towards the end of the year we have observed that collection action increases as collection agencies and banks work to meet year-end collection quotas. This is especially hard on folks with families who are trying to get by and enjoy the holidays but who are getting increased calls and pressure from creditors. Hiring a Denver […]
Now that the school year is in full swing, thoughts of the fall and winter and the parade of holidays coming up are on many people’s minds. But this is often the most stressful time of the year, and debt problems can turn what should be something to look forward to into a nightmare. Phone […]
For many families, this is the most hectic AND EXPENSIVE time of the year—back to school. Changing schedules, books, supplies and clothes, all produce both excitement AND incredible STRESS! The money part of this stress is HUGE. When people are struggling to make ends meet, the extra expenses associated with the start of school can […]
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