Denver Bankruptcy Attorney | Chapter 7 & 13 Colorado Bankruptcy Lawyers

What Is Included In The Colorado Bankruptcy Exemption For Household Goods?

Peter Mullison — Mon, 13 May 2013 01:59:43 +0000

One of the biggest concerns for people considering bankruptcy is what happens to their personal property when they file. The intent of the Bankruptcy Code is not to leave filers destitute and without anything. Bankruptcy is intended to provide a fresh start and doesn’t require you to lose everything. In that spirit, the Colorado bankruptcy [...]

How Long Does Chapter 13 Bankruptcy Stay On My Credit Report?

Peter Mullison — Sat, 27 Apr 2013 12:00:21 +0000

Most people researching bankruptcy have read that a bankruptcy will stay on your credit report for 10 years from the day you file. It’s true that a Chapter 7 bankruptcy will stay on your credit report for 10 years, but that’s not the case for a Chapter 13 bankruptcy. Chapter 13 bankruptcy requires to repay [...]

Do I Have To Know Exactly How Much I Owe My Creditors To File Bankruptcy?

Peter Mullison — Sun, 10 Mar 2013 13:29:12 +0000

After a potential client comes into my office for a free consultation, it isn’t unusual to not hear from them for many months. There are several things that may keep someone from filing bankruptcy right away. As the option of last resort, they may want to wait as long as possible before filing. But one [...]

Will The Bankruptcy Trustee Take Money Out Of My Bank Account?

Peter Mullison — Tue, 26 Feb 2013 13:10:12 +0000

One of the reasons that you should hire an attorney when you file bankruptcy is that an experienced lawyer can guide you through the process safely. One of the trademarks of a good attorney is her ability to explain the process to you in a way that you understand and her willingness to answer any [...]

Profiles In Bankruptcy: The Widow

Peter Mullison — Wed, 02 Jan 2013 14:03:50 +0000

One of things I have learned as a lawyer is that there is a great deal of legal misinformation out there. The Internet has done nothing but help to amplify these legal myths. As a bankruptcy lawyer, I frequently meet people whose notions of bankruptcy are completely contrary to the facts. One of those notions [...]

Can My Creditors Sue Me If I Pay Just $10 A Month?

Peter Mullison — Sat, 08 Dec 2012 14:35:01 +0000

Several times a week, I’ll get calls from people who have gotten a summons for a lawsuit from a creditor. Often, they’re surprised. They’ve been making payments and didn’t expect the creditor to sue them. When I ask them if they’ve been making the full monthly payment, more often than not they haven’t been. Keeping [...]

Should I Pay My Credit Cards Before I File Bankruptcy?

Peter Mullison — Tue, 23 Oct 2012 16:32:25 +0000

Paying Credit Card Bills Before You File Bankruptcy Not all of the people who come in for a consultation are behind on their credit card bills. Many are current on all of their bills but have seen the writing on the wall and know that it’s just a matter of time before they’ll have to [...]

Can I Be Denied A Student Loan Because I Filed Bankruptcy?

Peter Mullison — Tue, 02 Oct 2012 17:21:54 +0000

Student Loans And Bankruptcy Many of my clients are people who are working on their college degree or are parents of college students. They are concerned about how bankruptcy will affect their ability to get any student loans after they file bankruptcy. As you may know from your research, student loans are generally not dischargeable [...]

What Is A Notice of Possible Dividends In Chapter 7 Bankruptcy In Colorado?

Peter Mullison — Thu, 06 Sep 2012 13:11:55 +0000

What Does It Mean When The Bankruptcy Trustee Issues A Notice Of Possible Dividends In My Bankruptcy Case? In broad terms, there are two kinds of Chapter 7 bankruptcy cases: ” no asset” and “asset”. A no asset case is when a debtor owns no property that is not covered by Colorado bankruptcy exemptions. In [...]

Will I Lose My Security Clearance If I File For Bankruptcy?

Peter Mullison — Fri, 24 Aug 2012 13:02:22 +0000

What Happens To Your Security Clearance If I File Bankruptcy? From time to time service members and defense contractors come into my office for a consultation. Besides wanting to know how bankruptcy will affect their financial lives, many of them also want to know if filing bankruptcy will cause them to lose their security clearance. [...]