When you file Chapter 7 Bankruptcy, your home equity is protected under the homestead exemption, which is a law that protects your home. The amount protected in Colorado is $60,000, or $90,000 if you are over 60 or are disabled. Since values were flat after 2008, and most folks had little or no equity in […]
Denver Bankruptcy Attorney Blog
Once you have filed bankruptcy and received your fresh financial start, most folks are excited to take the steps necessary to rebuild their credit. The Denver Post recently had an article (July 27, 2014) that we feel outlines well the steps necessary to take a pro-active step towards getting back on your feet financially when […]
One of the things I feel best about in my practice of helping people file chapter 7 Bankruptcy for over twenty five years is the significant psychological relief that clients feel after visiting the office, getting good advice, and freeing themselves of crippling debt problems. The psychological impact of out of control debt is devastating! […]
People are often embarrassed about bankruptcy and are afraid to tell their kids or other family members what’s going on. They feel like a failure and don’t want to burden family members with their problems. After over twenty-five years of filing Chapter 7 Bankruptcies in Denver, I know that the best way to deal with […]
At Mile High Bankruptcy, we have always prided ourselves with providing the best work we are able to do for our clients. Fairness, excellence, compassion, and strength are not just words to us, but commitments to excellence that we live by every day. In 2014, the Martindale-Hubbell organization—a powerful legal group serving lawyers and clients […]
To most people, the word “Bankruptcy” is scary. No one ever expects to file bankruptcy, and facing up to your problems and filing Chapter 7 is filled with complicated emotions and much anxiety. I have seen this in the faces and questions from clients since Mile High Bankruptcy began in 1987. But, Bankruptcy is also […]
For most folks, credit improves after bankruptcy for a very practical reason—you no longer have debts and future creditors can consider your ability to repay (job security, stability of income, security, etc.), rather than worrying about whether you can pay the new debt because of past bills. Car loans and secured credit cards are fairly […]
Many single people who want to get married and have substantial debt are worried that their future spouse may be responsible for their debts. Also, people are nervous about getting married to someone with substantial debt for fear they may become liable for simply getting married. At Mile High Bankruptcy we get these questions all […]