130 legal questions have been posted about bankruptcy by real users in Colorado. Ask your question and dive into the knowledge of attorneys who handle your issue regularly. Similar topics to explore also include commercial bankruptcy, consumer bankruptcy, and foreclosures. All topics and other states can be accessed in the dropdowns below.
Colorado Bankruptcy Questions & Legal Answers
Do you have any Colorado Bankruptcy questions and need some legal advice or guidance? Ask a Lawyer to get an answer or read through our 130 previously answered Colorado Bankruptcy questions.
Answered 4 years and 6 months ago by William Eugene Maddox, Jr. (Unclaimed Profile) |
1 Answer
| Legal Topics: Bankruptcy
Filing bankrutpcy does not remove creditors from you credit report. If you did not reaffirm the debts, they should report as "included in bankrutpcy' and have a $0 balance. If they do not reflect this way, you should dispute them with each credit bureau online.
Filing bankrutpcy does not remove creditors from you credit report. If you did not reaffirm the debts, they should report as "included in... Read More
If you have paid the car off in full then the lender must release the lien. If the lender fails to do so you may sue the lender for failing to release the lien.
If you have paid the car off in full then the lender must release the lien. If the lender fails to do so you may sue the lender for failing to... Read More
Answered 8 years and 4 months ago by Ronald Karl Nims (Unclaimed Profile) |
3 Answers
| Legal Topics: Bankruptcy
Your ex's attorney fees are usually not dischargeable in bankruptcy (never if the attorney knows what they're doing). Don't agree to paying your spouse's attorney fees thinking that you'll discharge them later.
Your ex's attorney fees are usually not dischargeable in bankruptcy (never if the attorney knows what they're doing). Don't agree to paying your... Read More
The bankruptcy is not the issue. Status of the car loan is the issue. If the car payments are current an the car is insured, it will not be taken away. If the car payments are current, it will not negatively effect the other person's credit.
The bankruptcy is not the issue. Status of the car loan is the issue. If the car payments are current an the car is insured, it will not be taken... Read More
Answered 8 years and 5 months ago by Ronald Karl Nims (Unclaimed Profile) |
3 Answers
| Legal Topics: Bankruptcy
The trustee doesn't care whether your house sells for a fair price, only whether it sells for enough to pay the trustee?s bloated fees. You need to speak with a lawyer about protecting your interest in the house.
The trustee doesn't care whether your house sells for a fair price, only whether it sells for enough to pay the trustee?s bloated fees. You need to... Read More
Answered 8 years and 5 months ago by Ronald Karl Nims (Unclaimed Profile) |
2 Answers
| Legal Topics: Bankruptcy
In my opinion, it's unlikely that the credit union will repossess the trailer. Used trailers are hard to sell and expensive to haul around and store. Since I have no familiarity with your credit union, I have no idea if they will settle for $2,000 to release their lien.
In my opinion, it's unlikely that the credit union will repossess the trailer. Used trailers are hard to sell and expensive to haul around and store.... Read More
Answered 8 years and 5 months ago by Ronald Karl Nims (Unclaimed Profile) |
3 Answers
| Legal Topics: Bankruptcy
For bankruptcy, a household is an economic unit. So if you're paying your own expenses and not contributing to their expenses, your economic unit is just one.
For bankruptcy, a household is an economic unit. So if you're paying your own expenses and not contributing to their expenses, your economic unit is... Read More
Answered 8 years and 6 months ago by Ronald Karl Nims (Unclaimed Profile) |
3 Answers
| Legal Topics: Bankruptcy
Usually an arbitration clause in a contract applies to that contract and survives termination of the contract. So, if you have a dispute with Contract A and the arbitration provision specifies it survives termination, then you'd have to handle the dispute under Contract A's arbitration provision. Since there is no arbitration provision in Contract B, any dispute in Contract B would be handled in court. However, given the cost of going to court, if there is no arbitration provision you realistically don't have any remedy except small claims court. Few attorneys are willing to take a case unless the expected damages are over $50,000 or you agree to pay their hourly rate and deposit a retainer of $10,000.... Read More
Usually an arbitration clause in a contract applies to that contract and survives termination of the contract. So, if you have a dispute with... Read More
Answered 8 years and 7 months ago by Dorothy G. Bunce (Unclaimed Profile) |
3 Answers
| Legal Topics: Bankruptcy
You are so busy making assumptions like whether the court needs to approve a foreclosure and whether the bank is going to foreclose because of the substantial loss they will take, I do not see you being willing to accept advise that conflicts with your view of the world. Once the lift stay is granted by the bankruptcy judge, and it will be granted if you have not been paying the mortgage, the bankruptcy judge will no longer have any ability to stop the foreclosure. Ten years ago, lots of people assumed that the bank would never foreclose. They were wrong. In determining your Chapter 13 budget, your plan payment was based on your promise to make your mortgage debt and your HOA dues. Since you failed to make these payments, you spent money that should have been going to pay your creditors. Under these circumstances, I do not see any future in you continuing to remain in Chapter 13. You need to discuss this with your Chapter 13 attorney and be realistic.... Read More
You are so busy making assumptions like whether the court needs to approve a foreclosure and whether the bank is going to foreclose because of the... Read More
Answered 8 years and 7 months ago by Ronald Karl Nims (Unclaimed Profile) |
3 Answers
| Legal Topics: Bankruptcy
You can always ask for a loan modification but the bank doesn't have to grant it. Since the bank has asked for relief from stay, it's safe to assume they intend to foreclose.
You can always ask for a loan modification but the bank doesn't have to grant it. Since the bank has asked for relief from stay, it's safe to assume... Read More
Answered 8 years and 7 months ago by Richard N. Gonzales (Unclaimed Profile) |
3 Answers
| Legal Topics: Bankruptcy
Trying to answer questions like this without looking at your entire BK file, including your current financial situation, is a "guess" at best. Pay an experienced BK lawyer for two hours of their time to review your BK file, ask you questions about your current situation, so you can get quality legal advice. Now is not the time to skimp!... Read More
Trying to answer questions like this without looking at your entire BK file, including your current financial situation, is a "guess" at best. Pay an... Read More
Answered 8 years and 7 months ago by Ronald Karl Nims (Unclaimed Profile) |
5 Answers
| Legal Topics: Bankruptcy
If it's your husband's debt, you can't do anything. Well, you could pay it off but that strikes me as flushing a large chunk of change. He probably wouldn't even be grateful. If he wants to eliminate the debt he could file bankruptcy.
If it's your husband's debt, you can't do anything. Well, you could pay it off but that strikes me as flushing a large chunk of change. He probably... Read More
Answered 8 years and 7 months ago by Ronald Karl Nims (Unclaimed Profile) |
6 Answers
| Legal Topics: Bankruptcy
401(k) plans have many options. One of those options is the terms of hardship withdrawals. So, what's a hardship withdrawal at one employer might not be a hardship withdrawal at another employer. However, even if it's a hardship withdrawal, you'll pay significant taxes and reduce your retirement benefits. Unless you want to be working at 75, I recommend you don't touch your retirement money.... Read More
401(k) plans have many options. One of those options is the terms of hardship withdrawals. So, what's a hardship withdrawal at one employer might not... Read More