"If I file bankruptcy, will I lose my car, home, or other valuable assets?"
Individuals considering bankruptcy come to us with many questions and concerns. At the Law Offices of Mark L. Miller, we aim to answer their tough bankruptcy questions, help them find ways to keep their assets, and decide on a debt relief option that addresses their unique needs and goals.
"Everybody Deserves A Fresh Start." - Attorney Mark L. Miller E-mail or Call 303-745-3405 • Free Consultations
If I File Bankruptcy, Can I Keep My Assets? It depends. Two common forms of bankruptcy, Chapter 7 and Chapter 13, offer two very different debt relief options in regard to asset protection:
Chapter 7 bankruptcy - This type of bankruptcy is known as "liquidation bankruptcy," and involves selling off assets to repay a portion of your debts. Certain property is exempt from being sold, including necessary vehicles, retirement accounts, tools necessary to perform job, and others. To find out more about exempt property, call 303-745-3405.
Chapter 13 bankruptcy - This type of bankruptcy involves the repayment of debts through reorganization. Debts are restructured, and an individual is set up on a 3 or 5-year repayment plan. With a Chapter 13 bankruptcy, a debtor gets to keep all of his or her property and avoid foreclosure.
At the Law Offices of Mark L. Miller, we work with clients to identify a debt relief option that is right for them. If a client's main concern is to keep his or her assets, we will explore Chapter 13 bankruptcy as well as other asset protection options.
Some Benefits of Bankruptcy:
Bankruptcy stops creditor calls
Bankruptcy stops wage garnishment
Bankruptcy may be able to remove a lien on your home
Bankruptcy can stop foreclosure and repossession
Contact Us
For more information about bankruptcy or debt consolidation, please contact an asset protection attorney online or call our Front Range, Colorado law office at 303-745-3405.
Our law firm represents clients in Denver, Colorado, and elsewhere in Front Range Colorado including Alamosa, Arvada, Aurora, Boulder, Brighton, Broomfield, Colorado Springs, Commerce City, Evergreen, Fort Collins, Glendale, Golden, Greeley, Highlands Ranch, Lakewood, Littleton, Longmont, Loveland, Montbello, Northglenn, Parker, Pueblo, Thornton, Westminster, Wheat Ridge and Yuma; as well as Adams County, Alamosa County, Arapahoe County, Baca County, Boulder County, Broomfield County, Chaffee County, Cheyenne County, Clear Creek County, Conejos County, Costilla County, Crowley County, Custer County, Denver County, Douglas County, Elbert County, El Paso County, Fremont County, Huerfano County, Gilpin County, Grand County, Jackson County, Jefferson County, Kiowa County, Kit Carson County, Lake County, Las Animas County, Larimer County, Lincoln County, Logan County, Mineral County, Morgan County, Otero County, Park County, Phillips County, Prowers County, Pueblo County, Rio Grande County, Routt County, Saguache County, Sedgwick County, Summitt County, Teller County, Washington County, Weld County and Yuma County. We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code
The information you obtain at this site is not, nor is it intended to be, legal advice.
You should consult an attorney for individual advice regarding your own situation
for Colorado bankruptcy.