Consumer debt increased in America for the third straight quarter up to an astonishing $11.52 trillion. Credit card debt alone rose $28 billion in the second quarter alone. Spending is up. He stock market is up. And many economists say this is because the economy is growing and people are confident and therefore spending more. […]
The Denver Post published an article on August 17, 2014 noting that large student loan debt is preventing many prospective first time homebuyers from buying a house. When the bank reviews an application with high student loans, they reject it because the debt to income ratio is too high. If a person has a car […]
People are afraid of bankruptcy. They think they have done something wrong and they will be punished. They worry that they will be embarrassed, that someone will come and take their things, that the process will be painful and disturbing. So they wait years sometimes, suffering with crushing debt, before finally calling a lawyer and […]
When you file Chapter 7 Bankruptcy, your home equity is protected under the homestead exemption, which is a law that protects your home. The amount protected in Colorado is $60,000, or $90,000 if you are over 60 or are disabled. Since values were flat after 2008, and most folks had little or no equity in […]
Once you have filed bankruptcy and received your fresh financial start, most folks are excited to take the steps necessary to rebuild their credit. The Denver Post recently had an article (July 27, 2014) that we feel outlines well the steps necessary to take a pro-active step towards getting back on your feet financially when […]
One of the things I feel best about in my practice of helping people file chapter 7 Bankruptcy for over twenty five years is the significant psychological relief that clients feel after visiting the office, getting good advice, and freeing themselves of crippling debt problems. The psychological impact of out of control debt is devastating! […]
Lately, several clients have contacted me about emails and phone calls they are getting from payday loan collectors for debts many years old threatening them with arrest and jail for check fraud. I believe that many of these companies have set up sleazy phone banks to “stir the ashes” of old debts and scare people […]
People are often embarrassed about bankruptcy and are afraid to tell their kids or other family members what’s going on. They feel like a failure and don’t want to burden family members with their problems. After over twenty-five years of filing Chapter 7 Bankruptcies in Denver, I know that the best way to deal with […]
Many people visit us after being turned down for a home loan. Their credit is just too bad. They are surprised because much of the debt is quite old and they feel they can afford a house based on their current income. The problem is that the debt doesn’t just go away and many collectors […]
At Mile High Bankruptcy, we have always prided ourselves with providing the best work we are able to do for our clients. Fairness, excellence, compassion, and strength are not just words to us, but commitments to excellence that we live by every day. In 2014, the Martindale-Hubbell organization—a powerful legal group serving lawyers and clients […]
Copyright © 2021 by MILE HIGH BANKRUPTCY. All rights reserved.
Disclaimer |
Site Map
Attorney Website Design, Hosting and Maintenance by Legal Web Design.
Justia Attorney Profile Denver Colorado Bankruptcy Lawyer
Mile High Bankruptcy - The Milwid Law Firm
Mile High Bankruptcy Thumbtack Profile
