Colorado Springs Bankruptcy Lawyer
The bankruptcy laws are a powerful tool that can provide debt relief and a new financial life for hard-working people. But many people take actions before filing bankruptcy which can harm their interests or even expose them to allegations of bankruptcy fraud. Before you take any actions regarding your debts or assets, you should speak with an experienced bankruptcy lawyer.
At the Law Office of Stephen H. Swift, P.C., we have been helping people obtain debt relief since 1984. In a free consultation, Stephen Swift can review your situation and provide you with advice that can protect your rights and interests.
What You Should Not Do Before Filing For Bankruptcy
Some basic information about what not to do before filing bankruptcy appears below. Every case is different however, so talk with an experienced attorney to protect yourself and get the most debt relief possible from the bankruptcy process.
Do not max out your credit cards — Credit card debt is completely dischargeable under Colorado Chapter 7 bankruptcy, but that does not mean you can max out your cards in anticipation of filing bankruptcy. If it appears that you have done so, you may be held responsible for those debts.
Do not transfer property or sign a quitclaim deed — Some people sell a house or transfer vehicles or personal property to relatives just before filing bankruptcy. This may not protect those assets and could be construed as bankruptcy fraud. Attorney Stephen Swift can advise you regarding what you can and cannot transfer before filing bankruptcy.
Do not rely on a petition preparer or a debt resolution agency — In these troubled times, many organizations are promising debt relief to financially-strapped people. You should not rely on a petition preparer or debt resolution agency for advice. They may not be fully knowledgeable regarding what is and is not permitted under the bankruptcy laws.
Protect Your Rights and Options
Your best option is to speak with an experienced bankruptcy attorney. Stephen Swift understands how to take full advantage of the bankruptcy laws to obtain debt relief for his clients. He can advise you regarding what you should or should not do as you consider bankruptcy.
If bankruptcy is the right course of action for you, the Law Office of Stephen H. Swift, P.C. can file a Chapter 7 or Chapter 13 bankruptcy, and obtain maximum debt relief for you.