When Colorado residents are struggling to meet financial challenges, any bit of help can go a long way. Whether from family or friends, or government programs, assistance to those deep in debt may help pave the road toward debt relief. At the very least, assistance can help stave off immediate threats like losing a home to foreclosure.
Colorado homeowners: do you need help to save your home?
Colorado residents: do you qualify for Chapter 7?
When Colorado residents are facing financial challenges, they may question what options they have for debt relief. For example, while Chapter 7 bankruptcy can provide a fresh financial start, some may not know whether they qualify for Chapter 7.
Several big banks improperly foreclosed on military members
Many Colorado residents have family members serving overseas in the military. Others may not have a direct personal relation, but they support the troops and their sacrifices. Many have expressed their support in more ways than one, including through support to those service members who are struggling financially and who may need to file for Chapter 7 or Chapter 13 bankruptcy.
Chapter 7 bankruptcy and inheritances: what you should know
When Colorado residents receive a substantial inheritance, it can be a welcome event. This may be particularly true for someone who is facing financial challenges and considering filing for Chapter 7 bankruptcy. However, there are rules governing inheritances that come into play in Chapter 7, which those who are considering filing must be aware of before filing.