Sawin & Shea

MARCH 9, 2022

Unsecured debts refer to debts that don’t have collateral. Secured debts refer to debts with collateral, like house payments and car payments. If you default on your payments, you could lose your car or house because they serve as collateral. Will Bankruptcy Eliminate All of My Debts?

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Debt Free Colorado

DECEMBER 9, 2021

Consider your income, assets, creditors, expenditures, and your ability to pass the means test while selecting between Chapter 13 and Chapter 7. You should get legal assistance from a knowledgeable bankruptcy attorney in Denver. The United States Bankruptcy Code governs both chapter 7 and chapter 13 bankruptcy.

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Debt Free Colorado

FEBRUARY 24, 2025

If their income is too high, they may have to explore other options, such as Chapter 13 bankruptcy. How To Discharge Credit Card Debt with Chapter 7 in Greenwood, CO? Most Chapter 7 bankruptcy cases include credit card debt, making it an effective way to erase unpaid balances.

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Sawin & Shea

JANUARY 18, 2023

What is Chapter 7 Bankruptcy? Chapter 7 bankruptcy is a form of personal bankruptcy that liquidates filers’ assets to discharge qualifying unsecured debts. Unsecured debts are not backed by collateral, such as car payments and home mortgages.

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Debt Free Colorado

JANUARY 20, 2024

You can also seek guidance from credit counseling agencies, medical billing advocates, and government assistance. Are Medical Bills Dischargeable Through Bankruptcy? Bankruptcy can discharge medical bills. Bankruptcy is a legal process designed to help people overcome financial challenges. Timing is crucial in bankruptcy.

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Debt Free Colorado

APRIL 9, 2020

They will feel obligated to protect their interest in the collateral (your car) and can move quickly to repossess after only a few missed payments. To speak with a Colorado attorney experienced in debt relief and bankruptcy, call The Law Office of Clark Daniel Dray at (303) 900-8598 or use the tool below to scheduled a free consultation.

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Debt Free Colorado

MARCH 3, 2023

Do Bankruptcies Come in Different Types? There are officially six separate categories of bankruptcy , each designated after a specific section of federal bankruptcy law. However, Chapter 7 and Chapter 13 bankruptcy are the two types of bankruptcy that are most frequently filed.

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