The Unique Challenges of Small Business Bankruptcy

If you own a small business you know that there are many considerations and challenges to keeping your business afloat and your revenue flowing into your company. In addition to the necessity to keep the revenue flowing, the small business owner must do their best to keep keep both their fixed and variable costs low. Bankruptcy is one invaluable tool for the small business owner to help lower high costs by either letting them end their 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.

What is Retirement Bankruptcy?

With the advent of the retiring baby boomers it is not surprising that society is grappling on how to protect the baby boomers retirement nest egg from predatory and unscrupulous individuals as well as otherwise law abiding creditors who would have no compunction against suggesting that someone withdraw funds from their exempt retirement account or defer payment to their retirement to pay off their debts. Indeed, many baby boomers are held back from retirement due to debt.

Do Medical Bills Qualify for Bankruptcy?

If you find yourself overwhelmed by unpaid medical bills like tens of millions of Americans you owe it to yourself and your family to speak with an experienced, patient and practical law firm. As a former Trustee for the United States Bankruptcy Court, Martin Long, of Long & Long, P.C. has the experience and knowledge of the bankruptcy code and law to help you through your time of difficulty. You can contact us by calling (303) 832-2655 or by filling out the contact form on this page.

Debt and Garnished Bank Accounts

Are you currently dealing with serious debt in Colorado? You may be facing the frightening and very real prospect of your creditors gaining the right to garnish (or withdraw funds directly) from your bank accounts in order to settle your unpaid debts.

Can You File Bankruptcy By Yourself?

To keep expenses as low as possible in this already financially strenuous time, you may be wondering if filing for bankruptcy is possible without an attorney. The short answer is: yes, you technically can do it yourself, however by not consulting an attorney you take on a number of risks that can easily be avoided. Filing on your own is possible, although consulting an attorney for advice at the very least is strongly recommended.

Insolvency Versus Bankruptcy: A Primer

One of the common points of confusion in Colorado bankruptcy law is the difference between insolvency and bankruptcy. Because these two are similar concepts, they are often used together or interchangeably. Allow a Denver Bankruptcy Attorney to explain the proper definitions behind some of the terms involved is a first step toward turning your finances […]

The First Steps in Filing for Bankruptcy

You’re in Debt, Now What? No one expects to have to file for bankruptcy. However, when you have accumulated debts which far exceed your assets or earnings, and see no other viable option to put your financial life back together, bankruptcy can be an effective way to wipe the slate clean, and get you back […]

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 […]

What To Do If a Debt Collector Sues You

If debt collectors are harassing you, it pays to know your rights and to have an aggressive, experienced advocate that knows how to deal with them both legally and practically. The attorneys of Long & Long, P.C. have decades of experience in thousands of bankruptcy cases. Few law firms can match the dedication, professionalism and experience of Long & Long, P.C.. In fact, Attorney Martin Long is a former Trustee for the U. S. Bankruptcy Court. You can contact us by calling (303) 832-2655.