Tag

Cause of Bankruptcy
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
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
No one can see the future, and although no one deliberately makes decisions that lead to needing a Southern Colorado bankruptcy lawyer, it happens more frequently than you might think.  Debt accrues interest, fees, and grows beyond what many would ever imagine, and it becomes simply unmanageable. Excessive spending or the use of credit cards...
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
Colorado bankruptcy attorneys know that with wedding season coming up, many brides have visions of destination vows, mile-high wedding cakes and princess gowns. But all of that can quickly lead to a Colorado Springs bankruptcy, if you’re not careful.  Of course, parents want to give their children a memorable and special occasion. They reason that...
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
Young family calculating taxes and monthly loan payments for house. Concept of financial difficulties, poverty, bankruptcy, taxes and rent payment Imagine a credit card that charged a 36 percent APR, slapped you with a fee when your credit limit increased and cost you $400 a year just to own — yet, the company tells you...
Read More
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...
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
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
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
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