R is for Repossession. In my practice as a Colorado Springs Bankruptcy Lawyer, it’s not unusual for my clients to either have had vehicles repossessed or to be facing the prospect of an imminent repossession. The Bankruptcy Code provides remedies in both situations. First: If the vehicle has already been repossessed and sold by the […]
Today’s letter is “O” for “Obligations”. As a Colorado Springs Bankruptcy Attorney, it’s not unusual for me to meet with people who are genuinely upset that they are unable to keep up with the financial obligations owed to their creditors. It’s extremely distressing when you’ve been paying your bills regularly for years, and then something […]
One of the most frequent questions I get when first speaking with potential clients who are thinking of filing for bankruptcy in Colorado Springs is “If I file for bankruptcy, will they take my car?” I usually answer with a question of my own: “Do you want to keep your car?” Then I go through […]
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