Bankruptcy Fraud is a Crime

Bankruptcy fraud in Colorado is a federal crime.  If you are considering filing bankruptcy in Fort Collins, we doubt that you have the $250,000 you could be fined for trying to hide that $2,500 or the fact you work a small part time job which you don’t want to declare income from because you do some of the work for cash.  How could they find out?  Is there really a risk? 

Well, to insure that people are declaring everything, the Executive Office of the United States Trustee has put together a handy little website to allow your ex, your neighbors or your co-workers to  report they suspect you are hiding income.  Yeah, you think, but this is only $2,500.00.  Who would really worry about whether I didn’t declare a measly $2,500 in my bankruptcy case in Colorado?  Isn’t that the point?  It is only $2,500.  It is not worth it. 

Really the moral of the story is to make sure that you disclose everything to your bankruptcy attorney in Fort Collins and we will do everything to help get your financial feet back under you.

Fort Collins Bankruptcy Checklist

If you are looking for a simple checklist for a Bankruptcy initial consultation in Fort Collins, here is a list of some of the items we’d like to have during your first visit here to our office.  Please be ready to have these items…

• Recent pay stubs from all of your current employers.
• Monthly statements from your bank accounts, your IRA’s, all the places you have assests.
• Your statements from different bills you have.  House bills, cell phone, car payments, credit cards, medical bills, insurance, etc…
• A listing of all of your current living expensses. This is used to help us determine if you will be able to qualify for bankruptcy protection.
• Any courts orders for items such as child support or alimony payments.
• Statements from credit card companies

Why do you need all of these documents for a bankruptcy attorney in Fort Collins?  Mainly because we want to make sure if we take you on as a bankruptcy client in Fort Collins that you have a chance to win your case.  We value you time and want to make sure we are taking every necessary step to ensure we are as thorough as possible in going over your bankruptcy documents in Fort Collins.

Don't Fall for the Bankruptcy Traps Out There...

There are a lot of traps in regards to bankruptcy attorneys in Fort Collins these days.  Some firms advertise fees as low as $499 for a bankruptcy filing, but this is nothing more than you come in and they hand you a stack of papers, and that is your filing.  Before you file, you should consider these three factors in your assessment of bankruptcy attorneys in Fort Collins.

Work with a Partner, not an internet program.  If you choose an internet program instead of a live attorney, you are on your own and they are not reveiwing you case to make sure you have a shot to win the judgement from the courts…  a nice deal for them, print off 300 pages or so, have one appointment and send you away.  If you lose, it’s no big deal to them.  This is why you need to be careful!

Bankruptcy Filing is Complicated:  Bankruptcy filing takes time and accuracy.  If you are going to get your fresh start, you need to do things the right way.  The way we look at bankruptcy filing is that we don’t take on clients that have little to no chance of winning.  These guys will, and then you’ll just be down $500 more dollars.

We understand your financial dilemna:  We know you are desperate for a solution.  We offer a free consultation and if you are a bad canidate, we tell you and don’t take you on as a client.  The only real way you’ll pay us money is by using our services.

If you need bankruptcy help in Fort Collins, please give us a call!

Which to do? Chapter 7 or Chapter 13?

Have you been considering a bankruptcy in Fort Collins?  Do you know you need help, but don’t know if you need a Chapter 7 or a Chapter 13 filing?  We know this can be confusing, but that is why we are here to help.

The first thing to consider is your income, there is a sliding scale to how much you can make in order to get a Chapter 7 bankruptcy through the courts.  This varies based on family size and other factors, so getting consultation from a Fort Collins bankruptcy attorney would be a good idea.

Chapter 13 bankruptcy is probably a type of bankruptcy you will not be able to do on your own.  This tends to be for individuals or couples who have historically made good income and just need more time to become current with their bills.

Of course both have their plusses and minuses…  The biggest plus to a Chapter 7 is that most unsecured debt goes away.  The biggest plus for a chapter 13 bankruptcy is that you can get extra time to pay back legitimate debts.

If you are considering bankruptcy and do not already have a competant and qualified bankruptcy attorney in Fort Collins, please give us a call for a free consultation.