Articles Posted in Bankruptcy

“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.

The fastest legal way to make it stop By Martin E. Long, Long & Long, P.C. — former Chapter 7 Trustee with more than 40 years in Colorado bankruptcy practice. Your paycheck is short because of a garnishment. A Notice of Election and Demand from the Public Trustee is sitting on your kitchen table. The…

Debt settlement vs. bankruptcy attorney: the short answer If you are drowning in credit card bills, medical debt, or a failing business loan, you have probably seen the ads: “Cut your debt in half without bankruptcy!” Debt settlement companies promise to negotiate with your creditors for you. What the ads leave out is that a…

The chapter that’s “right” for you depends on your income, what you own, what you owe, and what you’re trying to protect — most often, a house or a car you’re behind on.

What every Colorado resident should do before walking into a bankruptcy courthouse — from a former U.S. Bankruptcy Trustee.

If you’re struggling with debt in Denver or anywhere in Colorado, you’re not alone. Medical bills, job loss, divorce, or rising living costs can quickly turn manageable finances into overwhelming stress. Many Colorado residents reach a breaking point where bankruptcy offers a fresh start and immediate relief.

If you’re drowning in debt, constantly dodging creditor calls, or wondering how to pay your bills, you might be asking yourself, should I file for bankruptcy? This is a common question, especially as bankruptcy filings have risen 11.5% over the previous year, with non-business filings up 11.8% as of June 2025. Bankruptcy Filings Rise 11.5 Percent…

Understanding Colorado Bankruptcy Exemptions If you’re considering filing for bankruptcy in Colorado, understanding state-specific exemptions is crucial. These exemptions determine what property you can keep during Chapter 7 or Chapter 13 bankruptcy. Colorado opts out of federal exemptions, meaning residents must use the state’s generous protections for homes, vehicles, retirement accounts, and more. Attorney Martin…

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, our experienced bankruptcy…

To successfully complete your Chapter 13 plan and obtain your discharge, all Plan payments to the bankruptcy trustee must be timely paid in full, and secured creditors in the Plan (e.g., mortgage or car loan lenders) must be paid on time.