Categories: Peter's Blog

If I Move to Colorado From Another State Where Do I File Bankruptcy?

Bankruptcy is a Federal or national law that is available in all fifty states. If you move states, you must wait 90 days to file in the new location. You can therefore file bankruptcy in Colorado even if your debts are from another location.

At  Mile High Bankruptcy, we have many clients new to Colorado who hire us immediately upon arriving. They can then refer creditors to us without delay, and process the case so we can file it after they have been here 90 days. They can enjoy their new state without creditor harassment immediately even if they have to wait a bit to file.

The only difference between states in bankruptcy are the exemption laws, or the laws that protect your personal property through bankruptcy. Congress left that one piece up to the states and it differs depending where you live. If you have not lived in Colorado for two years before filing, we must claim the exemptions from the state where you previously live. While there can be a difference, most state exemptions are basically similar and all your property is protected.

Published by
Peter Milwid

Recent Posts

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…

2 years ago

Inflation Will Cause More Bankruptcies

I have generally stayed away from predictions in this blog, but the current economic situation…

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. …

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…

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…

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…

3 years ago