Do you need bankruptcy assistance in Colorado?
Are you receiving daily phone calls and letters from creditors? Do you have a pile of bills on your desk that you cannot pay? If you are financially overwhelmed, filing for bankruptcy may be a solution and an end to the constant creditor harassment.
An attorney from McKinney & Associates, P.C., can help you determine if you qualify
for either Chapter 7 or Chapter 13 bankruptcy, and ensure that the necessary
bankruptcy paperwork is filed correctly and in a timely manner.
A Chapter 7 bankruptcy is ideal for those who do not own assets that need to be protected from creditors. When a person files, their debts are often eliminated in a short amount of time due to the assets they own being sold to repay creditors.
A Chapter 13 bankruptcy helps individuals protect their assets by enrolling them in creditor payment plans. This means that a person must repay their creditors according to the plan until a majority, or all, of their debts have been repaid.