Is the pandemic of coronavirus (COVID-19) and filing bankruptcy mutually exclusive? The answer is no. The United States Bankruptcy Court for the District of Colorado is fully open for business. Significant developments are discussed below.
Tag Archives: Denver Bankruptcy Attorney
GET RID OF STUDENT LOANS IN BANKRUPTCY
The Trump administration is currently looking at refinancing loans at lower interest rates, and most importantly, eliminating student debt through bankruptcy.
Reopening a Closed Bankruptcy Case to Amend Schedules
Reopening a Closed Bankruptcy Case to Amend Schedules This blog discusses a debtor who wishes to reopen a closed bankruptcy case in order to amend schedules. Reopening Bankruptcy Cases to Claim Personal Injury Exemptions The 10th Circuit Bankruptcy Appellate Panel recently considered when debtors could reopen closed cases in order to amend their schedules. See […]
HOW MUCH TIME MUST ELAPSE FROM A PRIOR BANKRUPTCY BEFORE FILING A NEW BANKRUPTCY
How much time must elapse from a prior bankruptcy before filing a new bankruptcy? It depends on the prior bankruptcy chapter that was filed and the bankruptcy chapter one wishes to now file.
TRANSFER OF ASSETS PRIOR TO BANKRUPTCY- PART 1
TRANSFER OF ASSETS PRIOR TO BANKRUPTCY
USING THE COLORADO HOMESTEAD EXEMPTION IN BANKRUPTCY
In Colorado a homeowner is entitled to a $75,000 homestead exemption on the home he owns and occupies. If the homeowner or his or her spouse is 60 years of age or over, or disabled, the homestead exemption is $105,000.
Beware of Reaffirmation Agreements in Bankruptcy
A reaffirmation agreement is an agreement whereby the debtor agrees to remain personally liable on the debt as if the bankruptcy never occurred.