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Bankruptcy is an unfortunate event that can happen to anyone. But, it is not the end of the world. There are ways to survive and recover from bankruptcy. Keep reading to learn more. Start saving and reduce expenses as necessary One of the best ways to recover from...
Month: January 2021
Modifying a custody agreement
One of the primary problems some divorced Colorado parents have is deciding what to do when family dynamics change in a manner that impacts a child custody agreement. Colorado courts typically assume the role of child advocate when divorce cases include minor...
Bankruptcy and the automatic stay
Colorado consumers who have become overwhelmed by debt often fall behind on their payments. When creditors start asking for payments, these calls can cause increased stress and anxiety for debtors. One of the benefits of filing for bankruptcy is the automatic stay,...
How to solidify your finances after a divorce
A divorce will likely have a profound impact on your finances, both now and in the future. Therefore, it's important to do whatever you can to secure your financial future before submitting marriage dissolution paperwork in Colorado. It's also a good idea to be...
Chapter 13 payment plans
Colorado residents with unmanageable financial situations might choose to file a Chapter 13 bankruptcy for one of two reasons: They earn too much to pass the Chapter 7 means test or they wish to protect their home or other assets. The Chapter 13 process involves...
Tips on co-parenting after a divorce
As any divorced parent knows, co-parenting can be a unique and difficult proposition. It often involves balancing many facets of your life, including the relationships between your ex-spouse, a new partner and, of course, your children. Each state, including Colorado,...
Tax debts in bankruptcy
Anyone who owes back income taxes in Lakewood, Colorado, knows the feeling of dread when they see the past due notice. It is a common myth that tax debt cannot be removed in bankruptcy, but it depends on the type of tax owed and bankruptcy. Tax debts in bankruptcy...
Modifying divorce decrees in Colorado
If you have gone through a divorce in Colorado, and your circumstances have changed, you may be able to modify aspects of your divorce decree. The courts understand that situations change over time, and they could grant a motion to modify child custody arrangements;...
What to do when you can’t afford a support payment
Typically, Colorado law requires you to provide monetary support to your children. However, there may come a time when you cannot afford to make child support payments as ordered. Fortunately, there are several different ways in which you may be able to avoid running...
Will you keep your car after filing for bankruptcy?
If you file for bankruptcy in Colorado, there is a chance that you will be able to retain ownership of your vehicle. This may be true regardless of the type of protection that you seek from creditors. However, if a creditor has a lien on your car, you must remain...