When a lot of my Colorado personal bankruptcy clients come in they always want to explain to me how they got into it. They start off by saying I am not like your other clients. I believe what they think is that the typical personal bankruptcy client is someone who went out and got a lot of credit cards and went on exotic trips, bought expensive furniture, bought expensive clothes—their spending got out of control. The reality is that most bankruptcy clients who file had a lifestyle they were maintaining, and then their income dropped, often because they have lost their job, they got cut, and they were unable to maintain their lifestyle anymore. So they used debt to maintain it, then once their income comes back, or if it doesn’t come back, they find themselves unable to pay the debt back. That is really the common path towards personal bankruptcy despite what people think.

If you are from the Denver, Aurora, Arvada, Wheat Ridge, Littleton, Englewood, Northglenn, Westminster, Broomfield, Lakewood, Brighton, Lafayette, or Golden, Colorado area, and have any questions I can help you with please contact me at: 303-955-7570, or help@cobankruptcyhelp.com, or fill out the free consultation form.

This is an excerpt from an interview on the show Colorado & Company. You may view the whole interview at: http://wm.kusa.gannett.edgestreams.net/ads/sales/COCO/1249324018580-Heupel%20Law%20Firm%20080309%20.wmv . I will be appearing on Colorado & Company again tomorrow, August 25th, and will be answering some more of viewers questions. Please join me there on Channel 9 at 10 a.m.