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 […]
I am writing this on the Fourth of July, a great holiday celebrating our country’s independence, and see the language of independence and freedom as words we use every day in our law practice—bankruptcy results in freedom from debt and a new life of independence from the pain and burden of financial troubles. So, just […]
I have noticed over the years that one of the greatest benefits of chapter 7 bankruptcy for those whose income is based on commission sales, or who are self employed, is the release of the tension involved with crushing debt, and the corresponding freedom people feel to go out and make more money. This is […]
On July 1, 2015, the Colorado Exemption laws were changed to increase the dollar amount of much of the property a person can protect when filing a Chapter 7 Bankruptcy. This is very good news as these amounts have not been increased in many years, despite inflation and the rising value of real estate. Perhaps […]
Last month, Mile High Bankruptcy in Denver, Colorado, together with the brilliant team at Legal Web Design, completely revamped and relaunched our website to make it a content and information based site to help people with bankruptcy questions find easy answers on the web. Most lawyer websites provide some limited information about chapter 7 bankruptcy, […]
CHAPTER 7 CAN PROVIDE RELIEF. I wrote a few weeks ago about rising rents and costs in the supposedly improving economy. Yes, certain indicators show things are improving, but PRICES are not keeping up with costs, and increased debt loads for working families are squeezing people harder than ever before. Yesterday, the stock market hit […]
Many divorces are partially caused by money problems. We at Mile High Bankruptcy believe that it is often best to file Chapter 7 bankruptcy together before the divorce to remove the arguments over who pays which debts from the divorce, so the parties can concentrate on important issues such as property settlements and issues related […]
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 […]
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