The subject of this post is the letter “G” where I’ll discuss “Goals”.   As a Colorado Springs Bankruptcy Lawyer, I am often asked by potential clients whether they should or shouldn’t file for bankruptcy.  I explain that I see my job as explaining all of the various options to them:  filing for bankruptcy; trying […]

It’s F’s turn, so I’ll be discussing the real “F” word: “Foreclosure”. It’s not unusual for me, as a Colorado Springs Bankruptcy Attorney, to get a call from a person who has received a Notice that their house is being foreclosed. They want to know what to do. Here’s what I tell them: You can: Try […]

Our next letter is “E” — for Emergency Filing. From time to time, as a Colorado Springs Bankruptcy Attorney, I’ll get a call from a desperate potential client whose house is about to be sold at a foreclosure sale, or whose car is about to be repossessed.  The only way to stop the foreclosure, or […]

Continuing on the theme of the Bankruptcy ABC’s, this post will discuss the letter “D”, as in “Disclosures”. As a Colorado Springs Bankruptcy Attorney, my office is considered to be a “Debt Relief Agency” under the Bankruptcy Code.  As such, I’m required to provide potential clients with two separate disclosures. The first disclosure provides: A brief […]

Today’s letter is “C” for “Cramdown”. What’s a cramdown? A cramdown is what it is called when the Bankruptcy Court reduces the amount owed on a secured claim so that it is equal to the value of the property to which it is secured. In my practice as a Colorado Springs Bankruptcy Attorney, most commonly, cram downs occur when […]

This might be a kind of scary post, since I’ll be telling you about a scary subject: BPP’s, also known as Bankruptcy Petition Preparers.  You’ll see their ads in Penny Saver type newspapers, on Craigslist, in the back of alternative weekly newspapers and sometimes on the web.  They say they’ll prepare all of your bankruptcy […]

As a Colorado Springs Bankruptcy Attorney, I often get questions on various aspects of bankruptcy law and practice. In my next twenty six blog posts, starting with this one, I’m going to use the letters of the alphabet to discuss different issues that come up from time to time in my practice.  By the time […]

Using your credit card to buy holiday gifts could result in your having to pay that debt, even if you file for bankruptcy.  As a Colorado Springs Bankruptcy Lawyer, I often explain to my clients that the Bankruptcy Code sometimes presumes such use to be fraudulent. If you use credit to purchase luxury goods or services […]

If you’re thinking about filing for bankruptcy here in Colorado Springs, you ought to think twice before using a credit card to buy expensive Christmas gifts.  If you do use it, you could either end up stuck with the debt or not be able to file your Chapter 7 or Chapter 13 bankruptcy case when […]

As of November 1, 2011, it got just a little bit tougher to qualify to file a Chapter 7 Bankruptcy here in Colorado Springs and throughout the rest of Colorado.  That’s because the median income here in Colorado once again dropped. So why should that make it tougher? Well back in 2005 Congress decided that […]