Consumer Law Pro

The repeated phone calls and letters from debt collectors can be enough to drive you up a wall. Just because you owe a creditor money does not give them the right to do whatever they want. The law recognizes this...

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...

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...

Don’t leave out Bank, Checking, Savings, Brokerage, Credit Union accounts from your list of accounts. Don’t file if your income is greater than your expenses. Don’t use your credit cards within the 3 months of filing. Don’t take Credit Card...

There are many advantages of pursuing a college degree. The job opportunities a college education can provide are limitless. Still, with the cost of attending college continually on the rise, you may be forced to take out large loans in...

There are many Student loan workout programs to choose from. For disabled student loan borrowers, there is a program that can discharge their student loans entirely known as the Total and Permanent Disability Program (TPD). See www.disabilitydischarge.com. There are a...

Sources of income: You must document all sources of your income for the seven calendar months prior to the month the bankruptcy case is filed. If you file in July, you will need all your paystubs from January 1st through...

If the equity in your home exceeds the exemption limit in Colorado, you may be at risk of losing your home by filing a chapter 7 (liquidation). In such cases, I recommend filing a chapter 13 (reorganization/non-liquidation). In most cases,...

Tax Refunds and Bankruptcy Will You Lose Your Tax Refund if You File Bankruptcy? Whether the bankruptcy trustee can take a portion of your tax refund depends on several factors. If you have already spent your refund, the trustee cannot...

Keep Credit Card After Chapter 7 If you have a balance on a credit card at the time you file, you must list that debt on your petition. The bankruptcy laws require that you list all your debts even the...