Denver Bankruptcy Filing
Filing for bankruptcy can sometimes be a stressful and complicated process. An experienced attorney can assist with the filing process and offer you trustworthy legal advice. The Law Offices of Charles E. Longtine, PC is dedicated to helping you find relief from debt.
Filing bankruptcy in Denver
Following are the steps for filing bankruptcy in Denver:
- Make sure that bankruptcy is right for you: Before filing, consult a knowledgeable attorney and make sure that there are no other viable alternatives. While bankruptcy can offer you a fresh start, it can also remain on your credit for up to ten years. Before filing for bankruptcy, you must receive consumer credit counseling 180 days from the date of declaring bankruptcy.
- Know the two main bankruptcy types: Have an attorney skilled in bankruptcy litigation in Denver help you understand Chapter 7 and Chapter 13 bankruptcy. Chapter 7 is ideal if your debts are overwhelming and you require a new start. But you may want to file Chapter 13 if you would like to reorganize your debts for repayment.
- Hire a lawyer: While you are not required to hire an attorney to assist you with filing for bankruptcy in Denver, an experienced lawyer can significantly reduce stress and help you comprehend the process.
- Discuss your case with your attorney: Your attorney can review your situation and provide you with invaluable advice on how to proceed. Additionally, it is a good idea to refer all creditors to the office of your lawyer.
- Attend the meeting of creditors: Here the creditors, you, and your lawyer are present. You must truthfully answer the questions of the trustee and list all of your assets.
- Exempt and nonexempt assets: The trustee will determine your nonexempt and exempt assets.
- Discharge of debt: After approximately two months, you will receive a notification of a discharge of debt if you file a Chapter 7. This means that you are no longer obligated to pay back any debts.
Contact The Law Offices of Charles E. Longtine, PC today
There is no need to wait until creditors are garnishing your wages or threatening to foreclose on your home. The sooner you contact us, the more help we can provide. For Colorado residents seeking debt relief, the first step in resolving your financial problems is to contact The Law Offices of Charles E. Longtine, PC today.
