Firm in Colorado
Denver Bankruptcy Lawyers
Basics of Bankruptcy
When you file for bankruptcy, an automatic stay is invoked, which prevents creditors from harassing you or getting garnishments on your paycheck. There is a lot more to know about bankruptcy, so be sure to work with an excellent team of lawyers like those at Long & Long P.C.
Types of Bankruptcy
Chapter 7 Bankruptcy
In a Chapter 7 bankruptcy, if you qualify, your dischargeable debt is eliminated, and you keep your exempt assets.
Chapter 13 Bankruptcy
Chapter 13 bankruptcy involves a court-approved payment plan. Your specific circumstances determine what your plan is like. We help to ensure it is fair.
Bankruptcy Alternatives
Not everyone qualifies for bankruptcy and others feel like it’s not the right choice for them. Don’t feel like you don’t have any options! Besides Chapter 7 and Chapter 13 bankruptcy, you can choose to do a debt settlement or a loan modification.