Money may not buy happiness, but the lack of it can certainly inspire negative emotions. When we lack financial stability it often causes sadness, grief, and shame, but these are just the beginning when it comes time to file for bankruptcy. There is something about admitting defeat and formalizing that defeat in a court of...Read More

A lot has been written about restoring one’s financial fitness after bankruptcy, but bankruptcy does just as much damage to a person’s psyche. After bankruptcy, anger and shame are natural emotions, but they don’t need to last forever.  Many people find that a financial catastrophe like this it is just what they needed to get...Read More

That’s it, you’ve had it! After struggling for months, or even years, to pay your debts, you are ready to consider filing for bankruptcy. The time has come to find a bankruptcy lawyer but you have no idea what to look for, or which questions to ask. It’s not uncommon to see a bankruptcy attorney...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

n this second-half of a two-part series on dealing with personal debt, Colorado Springs debt-relief lawyers examine the federal guidelines for what constitutes debt collection “harassment” and offer tips for Colorado consumers dealing with seemingly unrelenting creditor calls. According to the, a debt collector may not “harass, oppress, or abuse any person in connection with...Read More

With the economy continuing on a downward spiral, millions of people are battling debt, foreclosure andbankruptcy in Colorado Springs and across the country. For many people, the stress can be overwhelming. Medical experts have long warned that stress is a major catalyst for a number of serious and potentially life-threatening physical ailments, including weight gain,...Read More

In some circles, bankruptcy is viewed as a taboo subject. People immediately assume that those who file for personal bankruptcy are simply irresponsible with money or they are trying to escape from paying their bills. In reality, however, this is rarely the case. Bankruptcy attorneys and other financial experts are quick to point out how...Read More

broken Piggy bank smashed into pieces with hammer and small or loose change euro coins Nearly half of all Americans aren’t able to save up as much money as they should, often necessitating debt relief in Southern Colorado and elsewhere in the country. This is according to a recent poll which found about 45 percent...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

After a divorce, you become more susceptible to increasing debt, and subsequently a Colorado bankruptcy. To be sure, bankruptcy can be a blessing in disguise, as it allows you to free yourself of debts you may have accrued during your marriage, and those that piled up following your divorce. In some cases, you could be...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

As more and more people use electronic means to do their banking, pay their bills, or make purchases, many are becoming victims of identity theft. Once a hacker gets access to your personal information, such as your Social Security number, he or she can run up significant debt in your name, or worse yet, empty...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

Whether you’re struggling to make mortgage payments or seriously behind, foreclosure is a scary proposition. Not only would this be devastating to your lifestyle, but you may be concerned about its impact on your credit. But isn’t every major financial problem going to damage your credit? When it comes to your FICO score, is it...Read More

It should come as no surprise to learn that singles are less affluent compared to other family structures. According to recent research by the MetLife Mature Market Institute, singles reported the lowest income levels (averaging $32,000), the lowest asset levels ($110,000) and the lowest rates of homeownership (43 percent). A surprisingly low 17 percent said...Read More

We’ve all heard the statistics about job loss and credit card spending, and many believe these are the main roads to bankruptcy. During the recession, many families faced extended unemployment, which led to foreclosure and enormous debt loads. Perhaps this explains why unemployment is often touted as an obvious bankruptcy culprit. Many people are surprised...Read More

Approximately 1 in every 5 Americans older than 65 years old have been victimized by some sort of financial fraud, according to a 2010 report issued by the non-profit Investor Protection Trust (IPT). This translated to about $2.9 billion lost by the elderly in 2010, which had increased from the previous year by about 7...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

Colorado Springs foreclosure lawyers understand that while rising home prices have helped to pull some homeowners from the debts of this housing crisis, younger homeowners are still facing an uphill battle. According to real estate database Zillow, the percentage of homeowners who were underwater, or owed more on their homes than they were worth, dropped to...Read More

Denver bankruptcy attorneys were not surprised to read that a 2011 national consumer complaint survey found that out of 1.8 million consumer complaints, debt collection trailed only identity theft for lead complaint category. In this two-part series on dealing with personal debt, Colorado debt-relief attorneys break down the numbers for common consumer complaints and offer tips...Read More

Colorado Springs foreclosure lawyers know that many people fell victim to the housing market implosion, whereby home values were grossly inflated, as were the homebuyers’ suitability for the loans to obtain them. However, it appears the negligence might not have ended there, as evidenced by a class action lawsuit filed on behalf of homeowners throughout...Read More

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...Read More

Stressed woman with husband holding document with foreclosure and final notice lettering on floor in A report released recently by the federal Government Accountability Office indicates that more than 300 members of the military had their homes illegally foreclosed upon in the last few years. Our Colorado Springs foreclosure lawyers know that there are special...Read More

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...Read More

Young frustrated man in formalwear looking at piece of cardboard with notice of needing job while sitting on staircase against architecture Those who have been unemployed for any stretch no the longer it lasts, the harder it is to land a new job.  Denver Chapter 7 bankruptcy attorneys have assisted numerous clients who were overwhelmed...Read More

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...Read More