Anyone who has tried to rent a house or apartment lately in Denver, Colorado knows that rents are up and the rental market is tight. According to the Denver Post, apartment rents are at a record high with average apartment rents of $992, up $40 from this time last year. While finding a place to […]
I am pleased to announce that Mile High Bankruptcy has expanded hours and service available during the 2013 tax filing season. Tax season is particularly busy for bankruptcy attorneys in Denver and nationwide because many individuals pay for their chapter 7 bankruptcies with their tax refunds. If a person files bankruptcy and has not received […]
In general, chapter 7 bankruptcy cancels all personal and business debts owed by an individual including without limitation credit cards, medical bills, personal loans, repossessions, landlords, lawsuits, mortgages and car loans. However, if a person wants to keep their house or car, they must pay on the lien to keep the property even though the […]
One of the biggest problems people have who need a good bankruptcy lawyer is paying the fees. How can I afford a good lawyer if I don’t have any money? This is a problem most clients face, especially if they are being garnished or are facing a court deadline that requires immediate attention. In providing […]
Mile High Bankruptcy is pleased to announce that attorney and founder, Peter A Milwid, has once again been awarded the prestigious Martindale-Hubbell Preeminent AV rating for 2013 for superior legal ability and highest ethical standards. Martindale-Hubbell was founded in 1868 and has for almost 150 years served as the blue chip guide for reviewing lawyers […]
In general, taxes cannot be cancelled in Chapter 7. There are exceptions to this if the taxes are more than three years old and meet other tests. This blog post does not address this question, but is simply an explanation of how non-dischargeable taxes may end up being paid in a chapter 7. There are […]
The concept of reaffirmation agreements (hereafter “reaffs(s)” is confusing for many clients. Basically, a reaffirmation agreement is a contract entered into during a bankruptcy that makes a person responsible, no matter what happens, for a debt they would otherwise discharge in the bankruptcy. They apply to secured debts like mortgages and car loans. Many people […]
Mile High Bankruptcy is pleased to announce the addition of Leah Martinez as our new paralegal on the Denver Bankruptcy team. Leah brings to the team a solid background in tax and mortgage processing, and, most importantly, is a wonderful, conscientious person available to assist clients with any of their questions, and to process and […]
Chapter 7 Bankruptcy Filing in Colorado – Do you need to go to court? In general, the answer is NO. Only in a contested or problematic bankruptcy do people have to go to court and see a judge. This happens very rarely and usually in big, complicated cases, not in cases for regular folks. What […]
Out of Control Spending–The American Way? After 9/11, the President encouraged Americans to keep the economy strong by going shopping at the mall or buying a new car. The car industry cooperated by offering 0% or low percentage loans. In addition, people were encouraged to stop renting and buy a home to help build a […]
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