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W. Robert Montgomery

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COLORADO BANKRUPTCY AND FAMILY LAW ATTORNEYS
Family Law Site

December 2014 Archives

How can Chapter7 bankruptcy work for you?

Many Colorado residents work hard to acquire assets and build their lifestyle. Some of these assets, like a home or vehicle, can take years, if not decades, to pay off toward full ownership. Accordingly, given the sacrifices that are made to build up one's wealth over the years, it can be devastating when these assets are at risk of being taken by creditors who are seeking to collect on one's debt.

NFL quarterback nearing end of bankruptcy, $18 million debt

Whenever a Colorado resident is about to undertake a major project, it can seem like a lot of time and work lies ahead. While some revel in this challenge, others may be intimidated by the process, and hesitant to proceed.

Which debts are discharged in Chapter 7 bankruptcy?

There are varying reasons Colorado residents get deep in debt. For some, debt may accumulate over a period of time, with monthly payments adding up until they are too much to bear. For others, a sudden incident like a job loss or medical situation can land a person deep in debt with little or no warning.

What is the role of a trustee in a bankruptcy case?

Many Colorado residents have little to no familiarity with the legal system until they encounter it firsthand. While this is perfectly understandable, it can also lead to misinformation about how the system functions and what rights individuals may exercise.

New program allows individuals to buy back foreclosed homes

The holiday season is a busy time of the year for many Colorado residents. From buying gifts for others to attending work and family gatherings, it seems there is never a shortage of things to do in a given day. The most important aspect of the season for most, however, is spending time with family and friends, often within the confines of one's home. Unfortunately, this time of togetherness can be threatened by foreclosure if an individual is having trouble making his or her monthly mortgage payments.

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