Denver Bankruptcy Attorney Blog

No Safety Net for Those Struggling with Their Bills – Chapter 7 Can Help

According to The Denver Post, four in ten families in Colorado lack sufficient reserves to survive three months in a financial emergency. People are living so close to the edge that they are unable to meet basic expenses when hit with a job loss or medical problem that interrupts their income in any way. One […]

Chapter 7 Bankruptcy And Foreclosures in Denver

Foreclosures in Metro Denver were down 46% in 2013 according to The Denver Post. I feel this is because of rising house prices that allow a homeowner in trouble to sell their home easier than in the past, and that mortgage payments, while high, are often more reasonable than rent payments which continue to increase. […]

Three things have happened recently that are putting greater stress on Denver’s hardest struggling families. Chapter 7 Bankruptcy is even more important now to help these families eliminate debt and relieve some economic pressure. First, the IRS has delayed filing taxes to January 31—about two weeks later than in the past. The folks usually filing […]

What Is The Difference Between Chapter 7 and Chapter 13 Bankruptcy?

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 […]

Can I Keep My House if I File Bankruptcy?

Yes, you can generally keep your house in Chapter 7 bankruptcy if you are current in your payments and have $60,000 or less in equity, or $90,000 or less of equity if you are disabled or over 60, but you must be able to keep current, or, if you are behind, get current before filing. […]

Can I Keep My Car If I File Bankruptcy?

Yes, you can keep your car in Chapter 7 bankruptcy. Or, if you have a car that you owe too much on and want to get rid of, you can give it back and owe nothing. THE CHOICE IS YOURS! If you have a car note, you can simply keep paying the car payment and […]

Will I Lose Everything if I File Bankruptcy?

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 […]

Filing Chapter 7 Bankruptcy in Denver For Seniors

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, […]

One of the most common questions we hear as Chapter 7 bankruptcy lawyers is whether a person can file bankruptcy without their spouse. The simple answer is “yes”, but there are certain considerations. First, our goal at Mile High Bankruptcy is to fix the financial problems of the entire family. If your debts are joint […]

Filing Bankruptcy In Colorado If You Don’t Live Near Denver

As a follow up to my prior blog, I wanted to share my experience as a chapter 7 bankruptcy lawyer over the years as to coming to Denver from other areas of the state. We have processed cases here in Denver for clients in almost every county in Colorado, and many people prefer coming to […]