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Posts Tagged ‘non-dischargeable debts’

When Should You Not Consider Bankruptcy?

May 8, 2010 in Uncategorized | Comments (0)

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Finances may not always be a cup of coffee, but bankruptcy is not always the answer in Fort Collins!

Yes, we are a bankruptcy firm in Fort Collins.  What does this mean exactly?  Basically, our job is to help our clients protect their financial well being through the bankruptcy code or other avenues the law provides.  This can include bankruptcy filing, but then again, it is our obligation to let you know when you are going to have trouble getting your debts erased through bankruptcy.  This is what the initial consultation is all about.  When do we see people where it seems they are going to struggle getting their debts discharged.

  1. Source of financial strain is child support payments.  This kind of debt can’t be discharged.
  2. Source of strain is student loans
  3. You make enough to pay your bills
  4. You didn’t pay taxes and now penalties are high and makes it hard to pay bills.  Tax debt also cannot be discharged.

If you want to see if you qualify for assistance under the bankruptcy code, please give us a call for a free initial bankruptcy consultation in Fort Collins!