Articles Posted in Bankruptcy

The Impact of Bankruptcy on Your Credit Score Bankruptcy is a significant financial event that can affect your credit score. It is essential to understand how bankruptcy affects your credit score, as this score plays a crucial role in your ability to secure loans, obtain favorable interest rates, and even rent an apartment or get…

Learn The Steps in a Chapter 7 Bankruptcy Remember to consult with a competent attorney at LONG & LONG P.C. throughout this process for a comprehensive understanding and smooth navigation of the bankruptcy process. Our law firm is well-versed in helping clients through these steps and can provide the necessary guidance. Call now at 303-832-2655!

The Four Main Players in a Bankruptcy In every bankruptcy case there are at least four different players.    The law firm of Long & Long, P.C. have decades of combined experience in bankruptcy. Martin Long is a former Chapter 7 Trustee, ensuring that clients’ rights, property, and money is protected from creditors and others. Call Long…

Bankruptcy puts your family in a better financial position It is a common thing for family members to help out other family members with their finances or with larger ticket items, such as a house, a car, large appliances, et cetera. So, it is also natural for some of them to inquire as to why you and/or…

A Small Business Bankruptcy can often help a small business. 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…

Building a solid financial future.

Divorce is costly. Not only are legal fees for divorce high, but the lack of joint income after divorce may propel one or both spouses into financial instability.  If your ex files for bankruptcy, and you have taken out joint debts in the past, you may be 100% liable for those debts if your ex…

Medical Bills

I often hear from prospective bankruptcy clients that their wages, paycheck, or bank account have been garnished. In order for a garnishment to be issued in Colorado a judgment must first be entered against the debtor. I ask the prospective client if they recall being served with a summons and complaint. In many cases the…

If you have significant debt, you may already be aware that filing for bankruptcy can ease this pressure and serve as an avenue towards debt relief. 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…