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 […]
Denver Bankruptcy Attorney Blog
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 […]
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 […]
One of the most important exemptions in bankruptcy (property you can protect and keep) is the homestead exemption which protects $60,000 of equity in your home, or $90,000 if you are over 60 years old or disabled. This means that if you file chapter 7 bankruptcy in Denver and are current with your mortgages you […]
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 […]
Older folks often face a different set of problems than younger people as they face retirement and often have limited or fixed incomes such as a pension or social security which is simply not enough to pay for their basic needs, and service any amount of debt. Many people do without the basics such as […]
Bankruptcy is a legal procedure for eliminating debts and granting people a fresh financial start. But I have noticed different age groups view bankruptcy differently, and the effects of bankruptcy can differ depending on your stage in life. I will thus be posting three separate blog posts that discuss what I have observed over the […]
Bankruptcy is a Federal or national law that is available in all fifty states. If you move states, you must wait 90 days to file in the new location. You can therefore file bankruptcy in Colorado even if your debts are from another location. At Mile High Bankruptcy, we have many clients new to Colorado […]
I am pleased to announce that Mile High Bankruptcy has expanded hours and service available during the 2013 tax filing season. Tax season is particularly busy for bankruptcy attorneys in Denver and nationwide because many individuals pay for their chapter 7 bankruptcies with their tax refunds. If a person files bankruptcy and has not received […]