by Colorado Debt Help | Feb 11, 2021 | bankruptcy
Bankruptcy can be a confusing subject for many of us. Many clients ask, “If I file Chapter 7 bankruptcy, will I be able to rebuild my credit?” The answer is “Yes!” A Chapter 7 may be an option for you if you have significant debt and are receiving frequent collection...
by Colorado Debt Help | Feb 1, 2021 | bankruptcy
A recent study found repaying specific purchases instead of making the minimum balance can reduce credit card debt. Rather than asking borrowers to make payments toward their total balances, Harvard Business School Professor Michael I. Norton and colleagues tested a...
by Colorado Debt Help | Jan 26, 2021 | bankruptcy
On June 29, 2020, Colorado enacted a new law preventing a garnishment to help residents recover from the COVID-19 pandemic. The law requires a creditor to notify a debtor that the garnishment can be temporarily suspended if the debtor is facing financial hardship as...
by Colorado Debt Help | Jan 18, 2021 | bankruptcy
If you are considering filing bankruptcy, you may be nervous that others will think you just went out and had a shopping spree at the mall and then decided to not pay your credit cards. For the majority of people filing bankruptcy, that scenario couldn’t be further...
by Colorado Debt Help | Jan 12, 2021 | bankruptcy
How does one know if they have debt problems? Basically, there are two signs – the obvious signs and not-so-obvious. Obvious Signs of Debt Problems The obvious signs of debt problems are when you are starting to miss payments. You don’t have enough money to pay your...
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