Top Lakewood, CO Business Bankruptcy Lawyers Near You
1401 Lawrence St, Suite 1600, Denver, CO 80202
999 18th St, Suite 1230-S, Denver, CO 80202
1776 Lincoln St, Suite 1100, Denver, CO 80203
3615 Delgany St, Suite 1100, Denver, CO 80216
2301 Blake Sstreet, Suite 100, Denver, CO 80205
1700 Lincoln St, Suite 2700, Denver, CO 80203
950 17th Street, Suite 1600, Denver, CO 80202
1675 Broadway, Suite 2300, Denver, CO 80202
1660 Lincoln St, Suite 1720, Denver, CO 80264
1801 California Street, Suite 2600, Denver, CO 80202
1775 Sherman St, Suite 1950, Denver, CO 80203
7979 E. Tufts Avenue, Suite 1600, Denver, CO 80237
675 15th St, Suite 2200, Denver, CO 80202
1550 17th Street, Suite 500, Denver, CO 80202
1225 Seventeenth Street, Suite 3050, Denver, CO 80202
4195 Wadsworth Blvd, Wheat Ridge, CO 80033
1144 15th St, 3600, Denver, CO 80202
188 Inverness Dr W, Ste 225, Englewood, CO 80112
2580 West Main Street, Suite 200, Littleton, CO 80120
600 17th Street, Suite 800 North, Dominion Plaza, Denver, CO 80202
5290 DTC Parkway, Suite 150, Greenwood Village, CO 80111
1401 Lawrence Street, Suite 2300, Denver, CO 80202
1700 Lincoln Street, Suite 2000, Denver, CO 80203
1099 18th Street, Suite 2150, Denver, CO 80202
1550 Market St, Suite 400, Denver, CO 80202
Lakewood Business Bankruptcy Information
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What Is Bankruptcy?
Bankruptcy is a legal process that allows people to get out from under debts that are causing serious financial harm. Through the bankruptcy process, you may be able to get rid of debts like medical bills, credit card bills, and other unsecured debts. Factors such as your income and whether you have assets that you can sell to pay off some of the debts are taken into account when filing for bankruptcy and will determine what happens.
What Happens When I File for Bankruptcy?
When you file for bankruptcy, you will be under a federal bankruptcy court’s supervision and protection. During this time, you, your lawyer, the court, and your creditors will work on a plan for discharging your eligible debts. Collectors will also be unable to repossess property and garnish your wages or bank accounts during this time.
How Much Does It Cost To File for Bankruptcy?
There is no easy answer to this question. The ultimate cost will be a mix of court filing fees and what you owe your attorney for guiding you through the process. What you owe will depend on how complicated your case is and whether there are any prolonged disputes with creditors. Most likely, however, the debt relief that comes with bankruptcy will outweigh any fees.
How Long Does Bankruptcy Stay on Your Credit Report?
A Chapter 7 bankruptcy filing will stay on your credit report for up to 10 years, while a Chapter 13 will remain for up to seven years. A bankruptcy filing will also harm your credit score. However, if you need to file for bankruptcy, it’s likely your score is not that high anyway, and your bankruptcy will give you a chance at a fresh start and time to rebuild your credit score.