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Category Archives: Bankruptcy Law

If I File for Bankruptcy – What Stuff Can I Keep?

For a lot of people probably the scariest thing about filing for bankruptcy is the fear of losing everything they have: their house, their car, even their family pictures and baseball card collection. Well, in most cases, you don’t have to worry about losing all of your stuff, since most of it will be “exempt” […]

Do I Qualify for Bankruptcy – Part 3: How Long Have You Lived in Colorado?

The next question that must be answered before you can file your bankruptcy case is: “How long have you lived in your current state?” Under the bankruptcy venue law, you must have lived in your current state for at least “the one hundred and eighty days immediately preceding” the filing of your case, or “for […]

Do I Qualify for Bankruptcy – Part 2: Have You Ever Filed For Bankruptcy Before?

If you call me and ask if you “qualify” to file bankruptcy, one of the first questions I’ll ask is:  “Have you ever filed for bankruptcy in the past?”  How you answer that question is the first step in determining whether you will be able to receive a discharge if you file for bankruptcy now. […]

Colorado Springs in a “Severe Recession” – outlook not good

An article in today’s Gazette* summed up the current state of the economy in the Pikes Peak region, calling it a “severe recession” that has cut sales for more than 70% of businesses in the area.  Unfortunately, the likely result in the near future will be more businesses cutting back or closing and more of our […]

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