Are you buried in debt? Do you dream of a day when your phone will stop ringing with creditors trying to get paid? A day when you are not scared that your bank account or wages will be garnished? Many people don't ever expect to be in these types of situations. If you lost your job, however, had a dramatic increase in credit card interest or have unexpected medical costs, you may be in this situation and may be struggling to stay afloat financially.
Amann & Bruntz, LLC, can help. We are committed to helping people throughout the Denver metro area resolve the legal issues that impact their lives.
Colorado Chapter 7 Attorneys
Filing for Chapter 7 bankruptcy can discharge the majority of your debts by using some of your assets to pay your creditors. There are, however, many assets that cannot be taken. For example, in many instances, you are able to retain a vehicle, clothing, household goods, jewelry, tools, and retirement accounts, among other things. In fact, many of our clients lose few, if any, assets.
You have to qualify for Chapter 7. Qualification is based on your income, the state where you live and the size of your family. If you don't qualify for Chapter 7, you can pursue bankruptcy through Chapter 13.
Chapter 13 Lawyers — Debt Repayment Plan
In essence, Chapter 13 is a debt repayment plan over a three to five-year period. Your attorney, the trustee, and the court will determine your disposable income and any excess income will be paid to the trustee, who will then pay your creditors. After the plan is complete, any remaining debts are discharged.
Westminster Bankruptcy Lawyers
We are flexible and keep convenient hours to match your schedule — including nights and weekends by appointment. Contact our law firm to schedule your complimentary consultation. We are committed to helping people resolve their financial and personal issues. The firm is based in Parker, with a business office in Westminster, and serves clients in the Denver metro area, as well as surrounding communities.