Wishing you a healthy & happy New Year and a fresh start!
If I can help you with this and you live in Denver, Aurora, Arvada, Brighton, Broomfield, Commerce City, Englewood, Highlands Ranch, Lakewood, Lafayette, Littleton, Northglenn, Westminster, Wheat Ridge, or Golden, Colorado, or any of the surrounding areas please contact me: Kevin D. Heupel, Colorado bankruptcy attorney, [...]
What is the ‘abuse’ section, [707(b)], of The Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 (BAPCPA)? There are three facets to this section.
The first facet, 707(b)(1), was a part of the bankruptcy law prior to 2005. At that time it was a very minor threat to a bankruptcy petitioner. It read as follows: [...]
It’s almost tax time again. This would be a good time to discuss the issues involved with your tax refund and bankruptcy. How does your tax refund effect your bankruptcy case?
As I have said before, if you are filing a Chapter 7 bankruptcy, the trustee will receive your latest tax return. If you are expecting [...]
Wishing you and yours a happy healthy holiday season!
From Kevin D. Heupel, Colorado Bankruptcy Attorney, 303-955-7570, COBankruptcyHelpEmail, or free-consultation form
When you fail to repay your credit card debt, a lawsuit may be filed against you by the credit card lender. Such a lawsuit often results in the creditor winning a judgment against you, despite the opportunity you are given to present your side of the case in court. The judgment will give the credit [...]
I know I have already discussed various facets of a Chapter 7 bankruptcy case. But another question I would like to address involves the length of time required for a Chapter 7 bankruptcy proceeding.
Usually a meeting of creditors occurs about thirty days after your case is filed. Then if all goes according to the average [...]
An article on the Channel 9 news website declared that greater than twenty-six thousand Coloradans have filed for bankruptcy in 2009. It has been estimated that bankruptcy filings in Colorado could reach twenty-nine thousand in 2009 whereas in 2008 slightly less than twenty-one thousand filed. The year with the greatest number of bankruptcy filings was [...]
In an article for CNNWORLD Daniela Deanne stated that “Colombian singer Shakira, whose hit ‘Hips Don’t Lie’ is the most played record in American radio history, became a musical sensation and a global philanthropist because of her family’s bankruptcy when she was eight years old.” Her family had experienced great debt which had caused them [...]
The likelihood of there being a house inspection during your Chapter 7 bankruptcy case is very slim. There are two possible reasons that someone would be sent to your house to inspect your property during your bankruptcy proceedings. One reason the bankruptcy court might be interested in the value of your property would be if the trustee [...]
The portion of the Wall Street Reform and Consumer Protection Act related to bankruptcy and mortgages, which I discussed in an earlier blog, did not pass last week. Responding to criticism from banks, the House rejected the part of the legislation that allowed bankruptcy judges to restructure mortgage payments, a plan that has passed in [...]
