Debt Relief Through Chapter 7 Bankruptcy
Chapter 7 bankruptcy gives you the opportunity to obtain a discharge of your unsecured debts without having to commit to a lengthy repayment plan. Unsecured debt is any debt that is not backed by collateral, such as credit card debt and medical bills. In a Chapter 7 bankruptcy, your salable assets are sold ("liquidated") and the money distributed to your creditors to settle your debt.
Having an experienced bankruptcy lawyer on your side can help the process run smoothly and help you avoid any unexpected roadblocks along the way. At the Boulder, Colorado, law firm of St.Clair & Greschler, P.C, we have helped a wide variety of clients obtain the debt relief they need through the Chapter 7 bankruptcy process.
Colorado Bankruptcy Attorneys - Your "Fresh Start" Lawyer
Many people mistakenly believe that they will lose everything when they file for bankruptcy under Chapter 7. But bankruptcy laws allow you to keep certain critical property, including your home, your car, clothing, household items and tools of a trade. In some cases, your bankruptcy trustee may decide that none of your property would be worth selling at auction. This would make your's a "no asset" case and you would lose nothing.
We understand that going through an unfamiliar legal process can be an intimidating experience. When you hire our firm, we will be there with you from start to finish. From the preparation of the initial petition to the final discharge of your debts, our Colorado bankruptcy attorneys will guide you through the entire process.
