Bankruptcy in Centennial, Aurora and Littleton, CO

What is bankruptcy in Colorado? Centennial, Aurora, Littleton Chapter 7 or Chapter 13 bankruptcy give debtors a fresh start.

What is Bankruptcy in Colorado?

You have a question: “What is bankruptcy?” We want to inform you about your finances, so we’ll start with bankruptcy.

Bankruptcy: People or businesses struggling with financial burdens in Denver, Littleton, or Aurora may want to consider bankruptcy. Bankruptcy gives them a new start on their finances because debts are canceled or restructured into a feasible payment plan.

What is the Difference Between Chapter 7 and Chapter 13 Bankruptcy?

To answer the question: “What is bankruptcy?” we must also understand that bankruptcy is divided into different “chapters.” Depending on your situation, you may need to file a “liquidation” bankruptcy, called Chapter 7, or a “reorganization” bankruptcy, known as Chapter 13 in Centennial, Broomfield, or Englewood.

We hope we have answered your question: “What is Bankruptcy?” Gaining knowledge will help lessen the intimidation of bankruptcy and get you started on your fresh start sooner. Contact experienced Centennial, Aurora and Littleton bankruptcy lawyer Barry Arrington at 303-205-7870 and he will fight to give you the best, fresh start possible.