Peter’s Blog

More Property Protected in Bankruptcy Under New Colorado Exemption Laws

On April 7, 2022, Governor Polis signed into law Senate Bill 22-086 which greatly increased the property people can protect…

2 years ago

Inflation Will Cause More Bankruptcies

I have generally stayed away from predictions in this blog, but the current economic situation tells me that many bankruptcies…

2 years ago

What Does Chapter 7 Bankruptcy Really Cost in Denver, Colorado?

The issue of attorney’s fees is an important and confusing issue for folks facing bankruptcy.  Obviously a person is looking…

3 years ago

The Effect of Omicron Variant on Bankruptcy Clients

The recent surge in Covid spurred by the Omicron Variant has hit bankruptcy clients particularly hard.  I have seen over…

3 years ago

How Long Does A Chapter 7 Bankruptcy Take to Complete?

There are two parts to answering this question: the time necessary to prepare and file the paperwork for the case;…

3 years ago

Chapter 7 Bankruptcy Is about Hope, Not Despair

People who come to see me are often scared and depressed.  Not necessarily clinically depressed requiring therapy or medication, but…

3 years ago

The 341 Meeting of Creditors

When you file Chapter 7 Bankruptcy, you must attend a “meeting of creditors” approximately 30 days after filing. This used…

3 years ago

Teach Your Kids about Life And Money

Many clients come to me in their twenties and thirties who have debt problems that stretch back to when they…

3 years ago

Can I Keep My Car in A Chapter 7 Bankruptcy? Update

If you want to, in general, yes. If you own a car-free and clear, the exemption laws (the laws that…

3 years ago

When Can I Borrow Money Again after Bankruptcy?

The short answer is “right away”. The first physical manifestation of filing bankruptcy is that you will be inundated with…

3 years ago