Stimulus Checks and Chapter 7 Bankruptcy in Colorado Finally! the Relief bill was signed into law and Stimulus checks have begun to be paid to many in need. People ask me if the stimulus money will be taken in bankruptcy, and it will not. The United States Trustee’s position is that these funds are benefits […]
Denver Bankruptcy Attorney Blog
The Differences between Chapter 7 and Chapter 13 Bankruptcy in Colorado This blog post will outline the differences between these two bankruptcy options. It is in no way a complete analysis, but rather a short overview. If you are confused and want further explanation of these options, feel free to call me, Peter Milwid, at […]
A Fresh Start for All of Us in 2021!! Unless you had a new baby or got married or had some other event of beauty and good fortune, I think we can all agree that 2020 was a challenging and pretty terrible year. The devastating virus, the shutdowns, layoffs, and inconsistent and ever changing school […]
Towards the end of the year we have observed that collection action increases as collection agencies and banks work to meet year-end collection quotas. This is especially hard on folks with families who are trying to get by and enjoy the holidays but who are getting increased calls and pressure from creditors. Hiring a Denver […]
For many families, this is the most hectic AND EXPENSIVE time of the year—back to school. Changing schedules, books, supplies and clothes, all produce both excitement AND incredible STRESS! The money part of this stress is HUGE. When people are struggling to make ends meet, the extra expenses associated with the start of school can […]
If you own your vehicle’s free and clear, you can protect and keep up to two vehicles with a total value of $7500, or $12,500 if you are over 60 or older or disabled. The Colorado exemption laws protect these valuable assets to allow you a fresh start with reasonable transportation. These numbers would be […]
I am writing this on the Fourth of July, a great holiday celebrating our country’s independence, and see the language of independence and freedom as words we use every day in our law practice—bankruptcy results in freedom from debt and a new life of independence from the pain and burden of financial troubles. So, just […]