Many people contemplating filing for a Chapter 7 bankruptcy worry that they may not be able to save their home. Our Denver bankruptcy attorneys know, however, that the truth of the matter is bankruptcy is often one of your only options for saving your home. While it’s not going to be the solution for everyone,...Read More

As a Colorado bankruptcy attorney, one of the most common questions I’m asked is, “How much control will creditors have over my personal possessions?” It is rarely a surprise when creditors seize automobiles, boats or other expensive luxury items, but do they really want your clothes and furniture too? Good news: unless you happen to...Read More

If you plan to file for bankruptcy in Colorado Springs you will no doubt meet with an attorney who will walk you through all your options, but most people want a little preview before they visit a law office. Unless you’ve been through the bankruptcy process before it’s likely you have a long list of...Read More

If you are stuck in a cycle of high-interest debt, it could be time to consider filing for a Chapter 7 bankruptcy. Colorado Springs bankruptcy attorneys know that it becomes a vicious cycle: You have poor credit, so they give you a high interest rate, and then you’re stuck barely being able to make the minimum, so...Read More

Bankruptcy can provide debt relief and a new financial start.  But many hard-working people who have gotten in over their heads hesitate to consider this option. They have many misconceptions or needless fears about the bankruptcy process. At the Law Office of Stephen H. Swift, P.C., we have helped thousands of people obtain debt relief,...Read More

Portrait Of Smiling Multi-Generation Family Standing Outside Home Together Misconceptions about bankruptcy abound in America, which is a great shame because it prevents many people from getting the debt-relief help that they so desperately need.One of the many misconceptions about bankruptcy is that your property will be seized to help pay off your debts, and...Read More

This may be one of the most common questions I hear as a Colorado bankruptcy attorney, “Can I keep my house if I file Chapter 7?” But the answer isn’t always so simple. In Colorado, keeping your home after Chapter 7 bankruptcy will depend on your answers to three questions. Do you really want to...Read More

Bereaved family members have enough to contend with when someone passes away without having to shoulder the burden of left-over debts. You should know that you aren’t responsible for debts that weren’t in your name or that you did not co-sign for. That doesn’t mean widows and widowers especially won’t suffer a financial blow. Here...Read More

There’s no doubt you’ve heard the phrase, “Bankruptcy should be a last resort.” For people who are in relatively good financial shape, that’s probably a good mantra to keep. The whole idea of bankruptcy is not to make it easy for people to avoid debts they can easily pay off. However, Colorado Springs Chapter 7...Read More

wooden gavel near document with child support agreement and glasses A Colorado bankruptcy can provide you relief from a long list of creditors. Our Chapter 7 bankruptcy attorneys know that this includes credit card bills outstanding medical balances and business debts. However, there are certain debts that are almost never dischargeable. Generally, those are going...Read More

Credit Check Financial Banking Economy Concept For those who have already undergone a Chapter 7 bankruptcy or are considering it, chances are keeping a close eye on your credit is high on your priority list. Colorado Springs bankruptcy lawyers will tell you that your credit is indeed important, as it impacts everything from your ability...Read More

Worried old senior couple checking bank documents at home. Serious mature retired family reading paper bills, calculating taxes, planning retirement finances, household expenses, having money problems Our Colorado Springs Chapter 7 bankruptcy attorneys have talked a great deal about the student loan debt trap that many young people have found themselves in over the last...Read More

It may come as a surprise to some people to hear that a Colorado Springs bankruptcy can actually be looked back upon as being a positive thing. As “Real Housewife” Teresa Giudice explained recently on the show, the bankruptcy “made us stronger.” Our Colorado Springs bankruptcy lawyers know that many of our clients express that the whole process is...Read More

So many people call a bankruptcy lawyer expecting to file for bankruptcy next week, when in reality there is a process that must be followed. For example, you must receive credit and budget counseling from an approved credit counseling service within the 180 days prior to filing a petition. The credit counseling agency will review...Read More

Closeup of credit cards One of the top reasons people avoid bankruptcy like the plague is that they fear the impact on their credit score. Colorado Springs Chapter 7 bankruptcy lawyers won’t sugarcoat it and say there will be no affect whatsoever. However it’s worth noting that when you file for bankruptcy, the scoring algorithms...Read More

If you’re like many other Americans, you may think that bankruptcy is just another word for being broke, or not having any money, but in this age of extended credit, how do you define ‘broke’? When do you know when you don’t have any money?This can be a complicated problem, because many people may think...Read More

If you are facing foreclosure, it won’t be long before your friends and family start offering advice. You may hear about some proven strategies to keep the mortgage company at bay, and other actions that may help you avoid foreclosure. But first it is important to understand foreclosure. What is foreclosure? A bank foreclosure is...Read More

Filing for Chapter 7 bankruptcy can be stressful enough, but then your Colorado bankruptcy lawyer informs you that you must attend something called a “Meeting of Creditors” before your debts can be discharged? That might be enough to make you wonder what you got yourself into. Good news! There is no reason to fear this...Read More

Experiencing a damaging credit event like a foreclosure, short sale or bankruptcy doesn’t mean you will never be eligible for a mortgage again.  As you prepare to buy your next home, take a look at this useful chart to see typical waiting periods before you can be approved for a mortgage.  If you experienced extenuating...Read More

Because reports of skyrocketing medical costs span both statewide and national news, Denver debt-relief attorneys were not surprised when a recent Centers for Disease Control and Prevention national health survey revealed that one-in-three American families are feeling the financial pinch of outstanding medical bills. Of that same group, the CDC reports that one-in-five families are struggling to pay down their...Read More

A nationwide drought that has prompted authorities to declare a natural disaster in 1,000 counties in 26 states (including Colorado) has left many farmers abandoning acreage, filing insurance claims and, in some cases, contemplating bankruptcy. Our Colorado Springs Chapter 7 bankruptcy lawyers know that while this drought is currently affecting farmers and those in the...Read More

Close-up of female protester holding a placard with need work inscription after losing her job due to coronavirus pandemic. Colorado has been sitting around 8 or 9 percent unemployment for most of the last few years, a far cry from the 3.5 percent unemployment our citizens experienced in spring 2007, according to the U.S. Bureau...Read More

handsome young man alone on a terrace downtown for coffee We’ve heard a lot in the course of our country’s economic recession about how families have been affected: lost homes, lowered wages, unemployment, etc.  Colorado Springs Chapter 7 bankruptcy lawyers understand that any one of these things can cause a great deal of financial strain,...Read More

Firefighter putting with the hose out the fire of the house and car at night accident As Colorado Springs residents continue to grapple with a massive, fast-moving wildfire that has already killed at least two people, destroyed more than 350 homes and damaged dozens more, many may have just been pushed over the edge to...Read More

Stethoscope and calculator placed on health insurance documents, Individual medical health insurance. Concept life planning Increasingly, cash-strapped companies are passing that pain onto their employees – with the end result being reduced or frozen wages and waning benefits. Colorado Springs bankruptcy lawyers know that in this market, those are often things so many of us can’t...Read More

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...Read More