Chapter 13 Bankruptcy
Obtain Bankruptcy Help Now
Serving Families and Individuals in Colorado and the Denver-Metro Area
Filing bankruptcy is a legal right in our country. It is available for people like you, your neighbors and your friends. Whether you need to file for bankruptcy to deal with medical debt, divorce-related debt or a job loss, it is important to hire an attorney to represent you.
At Carolyn Moller Duncan, P.C., we help people achieve practical solutions to their debt challenges, by filing for Chapter 13 bankruptcy. Most people are entitled to file Chapter 13 bankruptcy in order to reorganize their debts and provide you with an opportunity to avoid liability for certain unsecured debts. It is called reorganization bankruptcy because it allows you to discharge some debts which cannot be discharged in Chapter 7.
It costs you nothing to visit our offices for a free consultation, but it may save you a lot of pain, heartache and money down the road. Before you cash out your IRA and retirement accounts, PLEASE come in and talk. There is much misinformation out there and let us discuss your situation and look for the best option for the long haul. .
Chapter 13 bankruptcy is available to most debtors. It allows you to repay some debts discharge others, and modify some others. Even if you qualify for a Chapter 7, you may want to file for broader opportunities under Chapter 13. To file a Chapter 13, you must have income because you will be required to repay some creditors for either three or five years.
Once your attorney files a Chapter 13 bankruptcy petition on your behalf, creditor actions against you must immediately stop. This is called an automatic stay and it means that creditors cannot call you and actions to repossess your car or to foreclose on your house must stop for a period of time.
Many people are concerned that they are going to lose their possessions, including their house or their car if they file for a Chapter 13 bankruptcy. Personal property is protected in Chapter 13 so you get to keep all your property.
Some possibilities in Chapter 13 are to discharge your 2nd or 3rd mortgage. “Cram down” the loan on your car, eliminate specific debt due to divorce and or renegotiate some other debts.
To learn more about bankruptcy, call and schedule your free consultation.
Everyone’s financial circumstances are different. What path you choose to pursue will depend upon your own unique situation. Carolyn Duncan is a knowledgeable, caring and practical lawyer who focuses on leveraging the complicated bankruptcy laws to your benefit. She is effective because she takes the necessary time to develop the optimal debt-relief solution.
For a free initial consultation with Carolyn Moller Duncan, P.C. call or send us an e-mail.
We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.
