Common Causes to Bankruptcy Filings in Fort Collins

If you have been considering filing a Chapter 7 or a Chapter 13 bankruptcy in Fort Collins, there are some common reasons why this is something you’d consider and a few reasons you might think about, but actually won’t be debt which can be discharged.

Common Reasons People Need to File Chapter 7 or Chapter 13 Bankruptcy in Fort Collins:

• Medical bills are completely out of control.  Maybe after losing work you were under a COBRA plan, it ran out and everything is out of pocket.  On small surgery, like a hernia repair can cost $10,000 or more out of pocket.  Added with other bills, this can be crippling.
• Divorce – Divorce has not only emotional blowback, but the financial costs of going through a divorce can be way outside of your means
• Life Circumstances - Maybe you had a $120,000 per year job two years ago and it seemed secure.  You got laid off and now make $36,000, but your car, your house, etc were all purchased when you had the good job.  Now you can’t make all the payments.

What does not qualify to be discharged?

• Child Support payments
• Government Loans such as Student Loans
• Tax debts to the IRS
• Court orders against you (successful lawsuits you owe money on)

We hope this helps you know why people may be filing for bankruptcy.  Simply said, bankruptcy can be a viable solution when your debts exceed your income and assets.

Keep Your Bankruptcy Filing Simple!

Have you been looking for a Bankruptcy Attorney in Fort Collins and want the process to be simple?  Maybe you are thinking that it is too difficult to gather all of your paperwork and you want it to be “just done.”  Hopefully you are a bit more realistic and the simplicity you are looking for in your bankruptcy filing in Fort Collins is that your attorney will just speak to you in plain English rather than legalese.  If you want simple plain talk for your Chapter 7 bankruptcy in Fort Collins or your Chapter 13 Bankruptcy in Fort Collins, you have come to the right place. 

Having a simple answer is nice because you know what you need to do to have the best chances of getting your debts discharged by a bankruptcy court in Fort Collins.   Insist on having a bankruptcy lawyer in Fort Collins or Greeley who will speak your language and do everything they can do to help you get bankruptcy help in Fort Collins, CO!  Call us if you want that kind of bankruptcy help in Fort Collins!