October, 2015

Can Bankruptcy Stop Wage Garnishments?

October 31, 2015

Whether or not bankruptcy can stop wage garnishments will depend on whether the garnishment has already gone through. Specifically, when people file for bankruptcy, a court injunction known as an automatic stay will immediately go into effect. The automatic stay will halt creditors from taking any additional action against bankruptcy petitioners – and this includes…
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Should I File for Bankruptcy before Divorce?

October 20, 2015

It depends on your situation, your needs, the type of bankruptcy case you want to pursue and your goals. We’ll dive deeper into this answer below. Benefits of Filing for Bankruptcy before Divorce When bankruptcy and divorce may be necessary to resolve your financial and marital issues, filing for bankruptcy before moving forward with divorce…
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Bankruptcy FAQs: Answers about Colorado Bankruptcy Exemptions

October 10, 2015

When filing for bankruptcy, petitioners may be able to take advantage of Colorado bankruptcy exemptions in order to retain certain property through the proceedings. These exemptions effectively prevent certain property from becoming part of the bankruptcy estate. They can apply to various types of property, including real estate, motor vehicles and personal property. To clarify…
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