What Is A Bankruptcy Discharge?
A bankruptcy discharge is a formal order by the Bankruptcy Court that the debtor is no longer responsible for paying certain types of debt. The most common debts that are discharged in bankruptcy [...]
Reaffirmation Agreements
If a lender asks you to reaffirm a debt, you will have to decide if it is the right choice for you. When you file for bankruptcy you have the right to surrender your collateral and have your debt [...]
Implications of the CARES Act in Bankruptcy
On March 27, 2020, the Coronavirus Aid, Relief and Economic Security Act (CARES Act) was enacted. The CARES Act will have many implications for those who have already filed for bankruptcy and for [...]
Tax Refunds in a Colorado Chapter 7 Bankruptcy
Recently, the 2020 deadline for filing 2019 taxes was extended in reaction to COVID-19. The tax deadline is now July 15, 2020. While it’s nice to have some extra time to file, if a debtor is [...]
What has to be paid into a Chapter 13 plan?
A Chapter 13 bankruptcy requires certain debts to be repaid over three to five years. Debts are assigned different classifications; e.g., priority claims, secured claims and unsecured claims. [...]
Timing is Everything
Timing is everything – in comedy, in music and yes, even in bankruptcy. In bankruptcy, when to file is a claim is as important as the filing itself. Factors to consider include: (1) whether [...]
How to File Chapter 7 Bankruptcy
Are you experiencing debt and looking for a solution? If you are considering bankruptcy, learn more about the most common type of bankruptcy, how to qualify, and how to file Chapter 7 bankruptcy.
