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18 Jul 2012
Our Colorado Springs Chapter 7 bankruptcy attorneys have talked a great deal about the student loan debt trap that many young people have found themselves in over the last few years. However, a new element of this crisis has recently emerged: That of older adults who are battling student loan debt. We're not talking about the parents of college students (although, they too are struggling). These are individuals who have perhaps gone back to college either to change careers or boost their skill set. However, what certainly seemed like a smart move a handful of years ago has now left…
5267 times
10 Jul 2012
Many people contemplating filing for a Chapter 7 bankruptcy worry that they may not be able to save their home. Our Denver bankruptcy attorneys know, however, that the truth of the matter is bankruptcy is often one of your only options for saving your home. While it's not going to be the solution for everyone, there are many people who can benefit. Consulting with an experienced bankruptcy lawyer is the only way to know for sure, but here are some thoughts to help you as you weigh your options: A bankruptcy will halt a foreclosure proceeding. It will effectively end…
4456 times
03 Jul 2012
As Colorado Springs residents continue to grapple with a massive, fast-moving wildfire that has already killed at least two people, destroyed more than 350 homes and damaged dozens more, many may have just been pushed over the edge to a Chapter 7 bankruptcy. It's no surprise that many were already suffering financially prior to this. Now, many have lost everything. Our Colorado Springs bankruptcy lawyers know that despite the stringent guidelines imposed by the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005, special provisions were set forth to protect those who had suffered a major natural disaster, such as…
5180 times
30 Jun 2012
If you are stuck in a cycle of high-interest debt, it could be time to consider filing for a Chapter 7 bankruptcy. Colorado Springs bankruptcy attorneys know that it becomes a vicious cycle: You have poor credit, so they give you a high interest rate, and then you're stuck barely being able to make the minimum, so you're scraping by just so you can cover the interest. At that rate, it could be a very long time before you are free from debt. For example, let's say you owe $20,000 and your interest rate is 17 percent. At that rate,…
4768 times
11 Jun 2012
For those who have already undergone a Chapter 7 bankruptcy or are considering it, chances are keeping a close eye on your credit is high on your priority list. Colorado Springs bankruptcy lawyers will tell you that your credit is indeed important, as it impacts everything from your ability to buy a car to, in some cases, secure employment. So it's understandable that you would want to monitor your credit, and there are agencies that advertise this service. It's not worth it. Here's why: First off, you can't count on them to be honest. A lot of these companies go…
4439 times
29 Mar 2012
Denver bankruptcy attorneys were not surprised to read that a 2011 national consumer complaint survey found that out of 1.8 million consumer complaints, debt collection trailed only identity theft for lead complaint category. In this two-part series on dealing with personal debt, Colorado debt-relief attorneys break down the numbers for common consumer complaints and offer tips on dealing with debt collection calls. According to the Federal Trade Commission report, identity theft complaints captured 15 percent of all consumer complaints filed in 2011 with debt collection claiming second place at 10 percent. Nationally, the 'Top 10' consumer complaints and their rankings…
4629 times
29 Mar 2012
In this second-half of a two-part series on dealing with personal debt, Colorado Springs debt-relief lawyers examine the federal guidelines for what constitutes debt collection "harassment" and offer tips for Colorado consumers dealing with seemingly unrelenting creditor calls. According to the, a debt collector may not "harass, oppress, or abuse any person in connection with the collection of a debt". Among other things, this means in an effort to collect a debt, a creditor may not: ~ threaten violence, ~ use profane or obscene language, ~ publish the names of consumers who have unpaid debts (except to a credit reporting…
4293 times

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     Colorado Springs, CO 80903

 Phone: (719) 520-0164

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