Chapter 7 Bankruptcy is a straight forward procedure for eliminating past debts. It generally eliminates all debts except taxes, student loans, child support, and criminal fines and penalties, and is processed and completed relatively quickly. Chapter 13 Bankruptcy is a payment plan that lasts three to five years. Debts are repaid in whole or in […]
Denver Bankruptcy Attorney Blog
NO! NO! NO! Much fear surrounds chapter 7 bankruptcy. People facing bankruptcy have always been through hard economic times and hard times in their personal lives. They feel broken and defeated and fear the worst. Bankruptcy, and particularly Chapter 7 bankruptcy, should be seen as a practical tool for fixing your debt problems forever, and […]
Collection agencies and collection lawyers often increase their efforts to collect debts at year end. The pressure to deal with increased calls and threats AND the pressure to deal with the holidays can be very overwhelming and depressing. Why not give yourself a break if this is happening to you and contact Mile High Bankruptcy […]
It has been estimated by CNN that over 60% of bankruptcies are caused by medical problems and medical bills. My experience as bankruptcy attorney in Denver for many years is that along with credit card debt, divorce and job loss, medical problems are definitely the number one cause of chapter 7 bankruptcy filings. In fact, […]
In my many years as a Denver Bankruptcy Lawyer, I have heard the above questions from good, honest people who are frightened they might lose their car or home if they file bankruptcy, and wonder if they should transfer these assets to a relative or friend to protect them before they file. THE ANSWER IS […]
In my practice as a Denver bankruptcy lawyer, most cases involve a variety of debts, and in recent times where expenses are up and pay checks are tight, more and more cases also include bad checks and payday loans. In general, bad checks are cancelled in bankruptcy. THIS INCLUDES PAYDAY LOANS! There are certain issues […]
Can they take my social security? My pension? My Disability? Many seniors are VERY fearful of bankruptcy. They come from a generation where bankruptcy was not as common as it is today. They have heard horror stories from the past of friends or relatives who went through bankruptcy years ago and lost everything. In general, […]