Articles Posted in Chapter 7

“What is bankruptcy?” In this guide, we’ll break down what bankruptcy is, how it works, and whether it could be the right solution for your financial situation.

Are you struggling with overwhelming debt in Denver, Colorado? Searching for a “Denver bankruptcy attorney near me” can be the first step toward regaining control of your financial future. Bankruptcy offers a legal path to relieve the burden of unmanageable debts, stop creditor harassment, and protect your assets. At Long & Long, P.C., our experienced…

If you’re overwhelmed by debt and wondering, “How does bankruptcy work?” you’re not alone. Bankruptcy can be a powerful tool to help you regain control of your finances, but the process can seem complex. At LONG & LONG P.C., our experienced bankruptcy attorneys are here to simplify it for you. In this guide, we’ll walk you through…

Receiving a tax refund can feel like a financial lifeline, especially if you’re considering bankruptcy. However, if you’re planning to file for bankruptcy, you may wonder: What can I safely spend my tax refund on without jeopardizing my case? The answer depends on bankruptcy laws, the type of bankruptcy you’re filing (Chapter 7 or Chapter…

When facing both a divorce and financial hardship, one of the most pressing questions is timing: Should you file bankruptcy before or after your divorce? The answer depends on your unique financial situation, the type of bankruptcy you’re considering, and how your divorce proceedings might impact your debts and assets. In this article, we’ll break…

Bankruptcy is one invaluable tool for the small business owner to help lower high costs by ending contracts without any threat of legal damages, or, at the very least a specific formula to determine with certainty what those costs will be. At the same time the small business owner may also re-negotiate with existing creditors to help lower their overhead costs.

The first thing you must do when a debt collector calls is to inquire if indeed they are the creditor themselves–such as the actual doctor’s office or hospital business office itself.

Follow these simple tips to effectively deal with debt collectors in Colorado. 

Should I hire an attorney to file bankruptcy?

The Means Test Requirement for Chapter 7 Bankruptcy This  Chapter 7 Bankruptcy page sheds light on the intricacies of bankruptcy laws and proceedings, specifically focusing on the parameters of Chapter 7. Central to understanding this kind of bankruptcy is discussing the ‘means test,’ which is a determining factor for qualifying for Chapter 7. This test…