Where is Your Cash?

According to an article in the Denver Post, Wells Fargo has agreed to pay $24,000,000 to eight states, Colorado being one of these states because some of their ARM rates were deceptive in nature and caused some consumers to default on their mortgages.  I have to ask the question, as a bankruptcy attorney, if practices formulated in a bank’s marketing department can cause people to lose their homes, who is left picking up the pieces for these poor individuals who were the victims of this program?

Unfortunately, bankruptcy attorneys such as myself, are the ones who must pick up the pieces.  There are many bad contracts people can enter into.  Bad mortgages, bad cell phone plans, bad medical contracts, bad rental agreements, bad car loans….  the list is almost endless.  Often people are tricked into these deals with low initial rates or promises of relief with aggressive up charges buried in the fine print.  People often need a second chance because of these predatory contractual arrangements.  In these circumstances, it feels good to be a bankruptcy attorney in Fort Collins.  I can help relieve these victims of debt incurred through predatory or at best, veiled promises from creditors.

If you are struggling financially, there may be relief for you!  We cannot promise help for every case, but we understand that if you’re struggling, you may not want to pay for an attorney.  This is why we offer you a free initial bankruptcy consultation so we can advise you as to our thoughts on whether the courts would give you financial relief, or if you simply need to redo your budget (90% of cases qualify by the time they sign up because no one really wants to file for bankruptcy in Fort Collins!)

Call us for a free bankruptcy consultation in Fort Collins today!