by Colorado Debt Help | Nov 18, 2020 | bankruptcy
What is bankruptcy? Bankruptcy is a word we all have heard, but many people don’t know exactly what it means. For instance, their only reference point may be “going bankrupt” in the Monopoly game. What is bankruptcy in Monopoly? Bankruptcy in Monopoly means you are...
by Colorado Debt Help | Nov 9, 2020 | bankruptcy
Getting out of debt is becoming a big issue for many people. In May 2020, US consumer debt hit a new record of $14.3 trillion dollars. Yes, that’s TRILLION, not billion or million. For some people their level of debt is manageable. However, for many...
by Colorado Debt Help | Nov 2, 2020 | bankruptcy
Many people are aware of bankruptcy chapter 13, but there are different types of bankruptcies. Knowing which one to choose can be difficult. Should you choose chapter 13, chapter 7, or chapter 11? As with any bankruptcy issue, the answer depends on your situation. ...
by Colorado Debt Help | Oct 26, 2020 | bankruptcy
Bankruptcy is a confusing subject for many of us. Many Colorado Debt Help clients ask, “If I file Chapter 7 bankruptcy, will I be able to rebuild my credit?” The answer is, “Yes!” A Chapter 7 bankruptcy may be an option for you if you have a lot of unsecured debt,...
by Colorado Debt Help | Oct 13, 2020 | bankruptcy
Have you ever wondered if bankruptcy could get out of debt? Should you file bankruptcy Colorado? If you’ve pondered these two questions, you are not alone. Bankruptcy affects people from all walks of life – each with his/her own unique circumstances. To file...
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