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About Bankruptcy

About Bankruptcy

Top view image of a woman holding and showing credit cards The U.S. Federal Reserve has reported that consumer credit overall has bounced back in August, following a sharp decline a month earlier. Southern Colorado bankruptcy attorneys know this means more people are feeling comfortable with taking on more credit card debt. This can be...
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Toni Braxton has won six Grammy Awards – and filed for two bankruptcies. Our Colorado Springs Chapter 7 Bankruptcy attorneys understand that she intends to talk about her financial journey in an upcoming music television show. While some may view multiple filings as a sign of irresponsibility, the fact is that there are some situations in which...
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Despite reports that the U.S. economy is inching toward improvement, we now know that household incomes in the U.S. fell to levels we haven’t seen since 1989. In fact, Colorado Springs Chapter 7 bankruptcy lawyers understand that a recent report from the U.S. Census Bureau indicates that median incomes fell by nearly 2 percent last...
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A new report from one of Denver’s largest human resources firms indicates that salaried employees in Denver are set to receive some of the largest pay raises in the country. Our Colorado Springs Chapter 7 bankruptcy lawyers know this is great news – but it’s important to note that it’s only going to affect a small number...
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Rear View Of Loving Couple Looking At House Foreclosure numbers in Colorado fell in 2011. But most experts believe this has less to do with the real estate market recovering and more to do with a delay in filings by the country’s biggest banks. Some people believe they can fight back against banks by attempting...
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Recent news reports suggest that Colorado’s unemployment rate dropped to 7.9 percent, continuing a steady drop, which is certainly good news. But even at 7.9 percent unemployment, which is better than the national average, that still leaves many people without work and steady income. Whether employed or not, months spent looking for work can lead...
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A bag with the word Bankruptcy and an up arrow in the hands of a businessman. The high level of bankruptcy in the country. The inability of the debtor to make payments on its debt obligations. As our nation’s economy continues to struggle to recover, it’s obvious that bankruptcy in Colorado is helping people with...
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There is an old saying that it’s hard to see the forest through the trees. Colorado Springs Chapter 7 bankruptcy lawyers know this is one way of saying it’s difficult to gauge the entirety of the situation when you’re in the middle of it. This is exactly the case with debt. It starts with a...
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