Best Bankruptcy Lawyers in Centennial, CO

Deciding whether or not to file Bankruptcy is a big decision and most people are even hesitant to do so because of the myths they’ve heard, or the stigma that goes along with it. Then some people file repeatedly every seven years. We do not advise you to be scared of the process or to file multiple times either one. But if you are facing Foreclosure, having your wages garnished, or just feeling overwhelmed with debt and looking for a fresh start then please keep reading. Personal bankruptcy can give you the clean break you need from debt, so you can start over. It’s often the best way to turn the page quickly on debt problems. There are definitely some upsides to filing for personal bankruptcy, whether it is Chapters 7 or 13. When you file for bankruptcy, it initiates an automatic stay. This means that creditors, lenders, and debt collectors can no longer contact you. As long as the automatic stay is in place while you go through the filing process, lenders can’t move to take your home or other property. Bankruptcy won’t strip the clothes off your back. And while the courts may potentially liquidate assets during Chapter 7, both State and Federal laws allow for quite a large number of exemptions. So, even with a Chapter 7 filing, you could likely keep more assets than you expect. In the meantime if you would like to have a conversation about Bankruptcy and if it is the right choice for you. We welcome you to call us now and schedule a Free consultation.