No one wants to declare bankruptcy. Yet, when you are facing insurmountable debt, bankruptcy may be your best option to get back on track.
At St.Clair & Greschler, P.C, our Colorado Bankruptcy lawyers help individuals and businesses file for a Chapter 7 or Chapter 13 bankruptcy. We sit down with our clients to help them understand the process and implications of a bankruptcy filing.
For a FREE initial telephone consultation with one of our expert Colorado bankruptcy attorneys to evaluate whether or not you are a candidate for bankruptcy, Contact us.
Chapter 7 Bankruptcy Colorado
Chapter 7 bankruptcy is a simple "no asset" bankruptcy. Also known as "fresh start" bankruptcy, Chapter 7 eliminates most of your debt by selling your nonexempt property and discharging the remaining debt. However, not everyone is eligible for Chapter 7. To qualify, a debtor's monthly income must be less than the state median income.
Our Colorado bankruptcy attorneys are compassionate and understanding of the situations that our clients are in. If you are being harassed by creditors and are having trouble paying your bills, talk to us about filing for Chapter 7 bankruptcy. We will help you determine whether you qualify or whether Chapter 13 is a better option. Contact us today.
Chapter 13 Bankruptcy
Do you have too many assets to qualify for Chapter 7 under the 2005 Bankruptcy Act? Do you have assets that you do not want to lose? Chapter 13 bankruptcy, known as "payment plan" bankruptcy might be an option for you. During Chapter 13 bankruptcy, individuals and businesses can set up a plan to repay their creditors over a three-to-five-year period. Contact us for more information.
Bankruptcy and Foreclosure
Filing bankruptcy is a separate process from foreclosure. However, a well-timed bankruptcy can stop a foreclosure and give you additional time (even months) in your home. Our Colorado bankruptcy lawyers can discuss your looming foreclosure and the options available to you to avoid foreclosure.
Contact Us for Bankruptcy Assistance
We are ready to answer your questions and help you with your next steps. Don't wait. We're here to help. Call now - 303-647-9475.
