Consumer Law Pro

If you are considering filing for bankruptcy, then you may be aware that there are a few different types from which to choose. What you might not know is that, depending on your financial situation, you might not qualify for...

Consumer debt is at an all-time high. According to Experian, U.S. consumer debt grew by 6%, from $800 billion to $14.88 trillion in 2020, the highest annual growth recorded in over a decade. Experiencing being in debt is nothing to...

What happens to mortgages in bankruptcy? It  depends on which chapter of bankruptcy you file under and what your intentions are. Chapter 7 If you file a chapter 7 and you want to keep the home, you will continue making...

Medical debt credit reporting legislation signed into law in Colorado CO becomes the first state to prohibit medical debt information from being included on consumer credit reports and factored into credit scores, except under very narrow circumstances. The legislation is set...

You will retain most assets  Most cases are no asset cases meaning the trustee did not collect any money or liquidate any assets of the debtor. Although most debtors have some non-exempt assets, the value is often too low for...

Bankruptcy is the legal process of discharging your debts (chapter 7) or reorganizing your finances (chapter 13). When done correctly, it can help you shed debt and achieve a fresh start. But bankruptcy is not something that you should go...

Credit card debt that you are unable to pay can have a devastating impact on your financial health. High interest rates and fees can turn a meager balance into a massive debt. If you cannot pay this balance, then you...

Life is unpredictable. Our circumstances can change without warning and this includes our finances. You may find yourself in a situation where necessary expenditures exceed your income. This is where payday loans seem like the only alternative: you receive money...

Through the Bankruptcy Code, Congress established two main types of consumer bankruptcy: Chapter 7 and Chapter 13. Chapter 7 is what most people think of when they hear the word “bankruptcy.” It is a type of liquidation. In Chapter 7,...

Can I defend against a deficiency balance on an auto loan? Did the creditor provide you the required notices as provided by Article 9., C.R.S. § 4-9-611-616.? An attorney can assist in determine whether the notices complied with the law....