- Are you tired of harassing phone calls from creditors?
- Are mounding bills keeping you up at night?
- Are you worried about losing your home?
If you answered yes to any of these questions, an experienced Colorado Springs bankruptcy attorney can help. Bankruptcy is often a viable option for many individuals and small businesses that are struggling to make ends meet. With the right bankruptcy attorney on your side, it can be a valuable tool towards financial freedom.
A Colorado bankruptcy lawyer can help you take back control of your life, protect your assets, and eliminate your debt.
Types of Colorado Bankruptcy
There are many different types of bankruptcies and attorney Shana Black can help you decide which option is right for you and your family.
Chapter 7 Bankruptcy: Chapter 7 bankruptcies are often filed when individuals are looking for a way to be free of all their debt. With the exception of a few debts, such as student loans, alimony, or child support, all other debts will be discharged.
Chapter 13 Bankruptcy: Chapter 13 bankruptcies offer individuals a chance to get out of debt, while still protecting their important assets (such as their home or car). You are provided with a financial plan that allows you to pay off certain debts, while other debts may be discharged.
Chapter 12 Bankruptcy: Chapter 12 bankruptcies are filed by family farmers or fishermen. Just like Chapter 13 bankruptcy, Chapter 12 bankruptcies allow for farmers to propose a payment plan and protect their livelihood. It is also cheaper than Chapter 13 and may be an excellent option for a farmer or fisherman who is struggling with debt.
Chapter 11 Bankruptcy: These types of bankruptcies are limited to small businesses that wish to restructure to keep their doors open. It is the only option available to partnerships, LLCs, or corporations who wish to remain in business.
Business Bankruptcy: When a business simply wishes to get out of crushing debt, bankruptcy is often a good option. Businesses have the option of filing Chapter 13 or Chapter 11 bankruptcy depending on eligibility requirements. Bankruptcy attorney Shana Black is knowledgeable of business laws and Colorado bankruptcy codes and can help you protect your business through bankruptcy.
A Colorado bankruptcy attorney can help you avoid financial ruin and eliminate the stress of crushing debt. Through bankruptcy, you can regain your financial independence and move towards the future unencumbered by debt.