Making a Comeback After Bankruptcy
Posted November 23rd, 2009
One question I hear frequently as a consumer bankruptcy attorney is “Will I ever be able to buy a home (or car) again after I file for bankruptcy?” or “Will I be able to get credit again with a bankruptcy on my credit report?” The short answer is yes. You will be able to purchase a home or car after bankruptcy and you will be able to get credit again, if you follow some advice and make changes to your financial approach. (more…)
You do not have to lose your home in bankruptcy, but letting go of the underwater mortgage may make financial sense!!
Posted November 16th, 2009One of the most common questions I get as a bankruptcy attorney is whether you can keep you home in bankruptcy. The answer is yes, if you continue to pay the mortgage. However, this may not be the best financial decision. (more…)
Debt Collection in Colorado: Know Your Rights
Posted November 10th, 2009If you are struggling with debt, there’s a good chance you are also struggling with unwanted contact from debt collectors. Sometimes these are your actual creditors, the ones you signed a contract with, but often the person calling you works for another company altogether because your debt has been sold to a debt collection agency. No matter who is contacting you about your debts, it’s not a good feeling. And when debt collectors cross the line, it can be downright scary. Knowing your rights where debt collection is concerned is important and empowering. Here’s some information about debt collection in Colorado that can help you get some control back if you are in that situation. (more…)
Bankruptcy Exemptions Force Sound Financial Planning
Posted November 3rd, 2009If you are considering filing for bankruptcy but are worried about losing your assets, think about your future. You may be surprised to know that Congress already has. State and Federal legislators have created types and amounts of property that you can keep after bankruptcy called exemptions. These exemptions can be substantial, enabling you to keep significant assets after bankruptcy. They are also a good roadmap for sound financial planning. (more…)