Fort Collins Bankruptcy Attorney Helps Locals With Debt Relief Options

By Jeferson Tuyor


If you are currently experiencing major problems with debt, it can disrupt your whole life. This is why professional assistance is important and your local Fort Collins bankruptcy attorney has a great deal of experience with these issues. Before you lose everything, now is the time to explore your debt relief options.

It is very easy to make an appointment with a debt relief attorney. All you need to do is contact the office and they will be more than happy to help you schedule a meeting at your convenience. In addition, there is no charge for the initial consultation so you have nothing to lose.

Before you see an attorney you will need to fill out some basic forms and paperwork. Try to bring important debt information with you like your expenses and bills. This will make it easier to fill out your paperwork when you have all the info that is needed.

During your consultation, the lawyer examines your paperwork to see what kind of obligations you have. In some cases, your best option may be a chapter 7. This option is also called liquidation of assets, as you are not going to repay your creditors. Important assets are surrendered or sold to pay off a percentage of the debts.

Just because you file chapter 7 does not mean you will lose all our belongings. You may be able to keep your home and car. Also, personal items like clothing are allowed. Your lawyer will explain how chapter 7 laws work and what to expect.

You could be better off with a Chapter 13. This allows you to repay off all your debts within three to five years. Your Fort Collins bankruptcy attorney is there to explain all of the options that you have. This helps you make the best decision for your future and that of your family.




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