By jamestanest | Published June 13, 2017 | Posted in Uncategorized |
If you are faced with outstanding debt that you can’t meet, you might have to consider filing for bankruptcy. Ask yourself some questions. Are you afraid to answer your phone, thinking that it’s probably another creditor looking to collect? Are you being threatened with lawsuits, having trouble making rent, or house payments? Is a utility Read More
Read MoreOne of the services of the James T. Anest, PC, is advisement about wills, trusts, and probates. An associate can set up a trust for the protection of your minor children in the event of your death. This is especially important if substantial funds are involved. You can avoid the possibility of any family disputes Read More
Read MoreThere is a definite possibility that you could lose your home when going through a chapter 7 bankruptcy. This risk is one of the reasons that you need the expertise of a Franktown bankruptcy attorney to guide you. How your petition is filed may determine what belongings you can protect. A Franktown bankruptcy attorney can Read More
Read MoreFiling for chapter 7 bankruptcy now includes a “means test,” to determine if applicants are actually eligible. It used to be easier to file chapter 7, but new laws have changed the rules. Chapter 7 was always meant for those people who could not afford a chapter 13 plan. It comes down to whether or Read More
Read MoreChapter 11 bankruptcy is for businesses that are in jeopardy of “going under” because of heavy debt. Creditors would rather see a business stay open, and earn the money to pay off the debt, and naturally, employees want to keep their jobs. If your business is in trouble, contact a Douglas County bankruptcy lawyer who Read More
Read MoreBankruptcy could mean a whole new start, but before that can happen, you may have to suffer some loss – property may be sold off to pay some of your debt. But, some of your assets are exempt under the bankruptcy code. When you file for bankruptcy, you will make a list of the items Read More
Read MoreA creditor has the right to file for an adversary proceeding, where he may argue that the particular debt that he is owed should not be discharged. A Lone Tree CO bankruptcy attorney will point out that the trustee in the case may also bring an adversary proceeding against a creditor, to recover money that Read More
Read MoreThe obligation of student loans can be with you for years. Even under bankruptcy law, they won’t be easy to get rid of. There is a way though, and that is to prove to a court that your student loan debt is an “undue hardship.” Court decisions may be based on your income. If, 1. Read More
Read MoreEvery state has it’s own rules of bankruptcy. Some give you the option of choosing to conform to federal regulations instead of the state’s – one or the other. Colorado law only allows state bankruptcy exemptions. They include real estate, up to a certain value, which increases if you are married, 60 years of age, Read More
Read MoreWhen you have made the decision to file for personal bankruptcy, the first thing on your list of things to do should be finding the right attorney to handle the petition, and to advise you what you can and cannot do, legally. Find a Douglas County bankruptcy attorney who specializes in personal bankruptcy law. He Read More
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