Your First Bankruptcy Consultation

At your first bankruptcy consultation it is important to provide your Denver Bankruptcy attorney a snapshot of your assets and liabilities. It does not have to be precise; the exact dollar amounts can be determined later.

Debts must be categorized into different categories because the Bankruptcy Code treats them differently.

We need to know what debts are secured by collateral, which ones are unsecured debts, if there is any tax debt and, if so, for what tax years. For secured debts, it will need to be determined if the lien is perfected under state law ( if the purchase took place in Colorado). Very important is an understanding if a judgment has entered. This means a lien has attached to the home in most cases.