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Bankruptcy in Colorado legally absolves the debtor of certain debts, giving them a fresh start. Most debtors file for Chapter 7 bankruptcy because it moves faster than other types. Chapter 7 liquidates non-exempt assets, such as second homes, second vehicles and...
Chapter 13
The top 5 causes of divorce
Over the past year, divorces in Colorado and around the nation began to spike once again. Although much of that was attributed to the ongoing pandemic, experts state that it was only the breaking point and not the actual reason for couples deciding to dissolve their...
Can you keep your house if you file for bankruptcy?
If you're struggling to pay off your debts in Colorado, you might have thought about filing for bankruptcy. However, you might have hesitated after hearing stories about people being forced to sell their homes to pay off their debts. Will you lose your house if you...
The differences between bankruptcies in Colorado
You've tried everything, but you can't shake the mounds of debt that are dragging down your credit score. Creditors are calling and texting you, and you're having trouble applying for a mortgage or a car loan. It's starting to look like filing for bankruptcy is your...
Stressed? Don’t let stress hurt your divorce settlement
Sometimes, when people are stressed, they make poor decisions. They might make a decision quickly without thinking it through or resist negotiating when they really should.One of the most important things you can do during your divorce is to find a way to relax and...
Couple is able to have $200,000 in student loans discharged
Generally speaking, it is difficult to get student loans discharged in bankruptcy. That is because they are usually secured loans, or they are treated similarly to other debts that are difficult to have discharged, like tax debts or child support...
Are your children being manipulated? The court can help
One of the things that many parents worry about is being alienated from their children. During a divorce, it's easy for conflicts to get out of hand and for children to get caught in the middle.Sometimes, one parent will take steps to start influencing their children....
Points that should become part of your parenting plan
If you and your spouse face a divorce, mediation or negotiation outside of court to determine your custody and parenting plan may save time, money and stress for everyone in the family.Writing down your thoughts about child custody that you and the other parent will...
Chapter 13 bankruptcy may be the answer to your debt problem
If you cannot file for Chapter 7 bankruptcy protection because your income is too high, consider Chapter 13 as an option for resolving your mounting debt.The foundation for Chapter 13 is a monthly payment plan, and it offers advantages you may not have considered.The...
Does child support cover private schooling?
The Denver metro area has its share of top-rated private schools. If your son or daughter attends St. Mary’s, Kent, Colorado Academy or any other private institution, you may have some concerns about paying tuition and other expenses after your marriage ends.In...