Colorado Bankruptcy Lawyers
Providing solutions to overwhelming debt
While the Colorado economy is improving, consumers continue to face many financial struggles, and mounting debt can begin to feel unmanageable and overwhelming. At The Law Office of Andrew S Trexler, PC, our attorney brings knowledge and skills to help you take control of your debt so you can take control of your life.
Negotiators of debt relief options
At our firm, we want what is in your best financial interest, which is often – but not always – bankruptcy. When bankruptcy is not your best option, our experienced negotiators step in on your behalf to persuade creditors to lower your debt and accept more reasonable settlement of their debts.
Experts in debt analysis
We truly listen to your needs and thoroughly analyze your case to determine if bankruptcy offers the most effective way to ease your financial burden. We review your debts, income and expenses, and explain the ultimate impact bankruptcy would have on your family, business, home, and future credit. We answer all your questions about the bankruptcy process and the outcomes you should expect. Our compassionate approach to bankruptcy leaves no surprises.
Reprieve through automatic stay
Creditors’ aggressive collection methods unfairly compound the stress of escalating debt. You can put an end to the constant harassing phone calls and letters meant to intimidate you into paying debts you cannot afford. As soon as you file for bankruptcy, creditors must immediately stop collections efforts, including those distressing letters and phone calls. Your attorneys then deal with your creditors so you can regain your peace of mind.
Your bankruptcy options in Colorado
- Chapter 7 bankruptcy: If you and your spouse own few assets and earn relatively low wages (or can otherwise pass or claim an exemption from “means-testing”), Chapter 7 bankruptcy is available to provide relief from your debts through liquidation of your assets. Because many household and personal items are exempt from bankruptcy liquidation or otherwise may be protected through careful “pre-bankruptcy planning”, you can make a fresh start with limited disruption to your life.
- Chapter 13 bankruptcy: Chapter 13 bankruptcy enables you to prevent your lender from foreclosing on your home. In certain circumstances, Chapter 13 can also allow you to eliminate a 2nd mortgage or Home Equity Line of Credit, save money on some tax debts, high-interest auto loans and older “secured” debts, protect property you might lose in Chapter 7, and discharge a few other types of debt which remain after a Chapter 7 discharge. If you and your spouse have substantial assets or incomes, but sudden illness, job loss or another unexpected circumstance has interfered with your ability to pay your debts, Chapter 13 bankruptcy permits you to pay debts over time in smaller amounts.
- Chapter 11 & 12 bankruptcy: If you own a corporation, partnership or sole proprietorship, Chapter 11 bankruptcy permits your business to continue operating while you pay creditors under a reorganization plan. The Chapter 11 option helps you escape debt without losing the business you struggled so hard to build. Chapter 12 is also a plan of reorganization, designed specifically for family farmers and fishermen. While we limit our practice to Chapter 7 and 13, we would be happy to provide a referral to one or more attorneys who represent clients in these less common bankruptcy chapters.
- Bankruptcy Adversary Defense: While a well-handled bankruptcy case typically provides you with relief from most or all your creditors, some Debtors require additional services to help with trustee issues or creditors who are owed certain debts. If an Adversary Proceeding has been filed against you or your spouse seeking denial of your discharge, or challenging your ability to discharge particular debts (such as alleged fraudulent credit card charges), we would be happy to review your situation at no cost, and help determine how best to respond to the allegations against you, whether through settlement or a vigorous defense against the charges. If you’ve been sued in your bankruptcy case, call us!