When you're in a bad financial situation, it may feel like being in a hole you can't climb out of. Luckily, there are solutions when situations get desperate.
Chapter 7 bankruptcy is an option for individuals and households to start over with a clean financial slate. With this option, a trustee is appointed who collects your assets and sells what cannot be collected in order to pay off your creditors and wipe your debts clean. Additionally, you can choose to keep some secured assets, like your home or your car, by assigning a reaffirmation notice.
Some debts cannot be relieved with Chapter 7 bankruptcy, including:
• Child support
• Fraudulent debts
• Certain taxes
• Student loans
When it comes to debt relief, brankruptcy can be the right solution for many people. However, it may not be right for everyone. Know you're getting the right advice for your specific case when you trust the Law Offices Of Jane L. Stobbs.
From advocating for bankruptcy to brainstorming other solutions, you can always feel confident in what you learn.
Find out if Chapter 7 bankruptcy is the right answer for you!
Call today for your FREE consultation and see what our attorney can do for you.
Conquering debt often feels like an uphill battle. You don't have to face it alone.
AREAS WE SERVE:
Law Offices of Jane L. Stobbs, PC, located in Aurora and Colorado Springs represents clients throughout the Denver metro area and the Front Range. This includes clients in Arapahoe County, Douglas County, Adams County, Denver County, Jefferson County, Broomfield County, El Paso County, Elbert County as well as the communities of Arvada, Aurora, Bennett, Boulder, Brighton, Brighton, Broomfield, Castle Rock, Castle Rock, Centennial, Colorado Springs, Commerce City, Denver, Elizabeth, Englewood, Franktown, Golden, Henderson, Highlands Ranch, Ken Caryl, Lakewood, Littleton and Monument