The goal when you file for Chapter 7 bankruptcy is to have the court discharge your debts. When a discharge happens, it means the court approves your case and your debts are no longer your obligation to pay under the law. Not every Chapter 7 will end in a discharge,...
Empathy And Experience In Bankruptcy, Family Law And Estate Planning
Parker Law Blog
Child custody considerations in Colorado
If you live in Colorado and your marriage has come to an end, you may have concerns about the custody of children you share with your soon-to-be-former spouse. Rather than custody, the state uses the term "parental responsibility" to describe how the child will divide...
Your car loan could be trouble
When you are having trouble paying your bills and managing your debt in Colorado, it is a good idea to look over your finances and see what is wrong. For many people, it is a car loan that is causing them issues. That is because, according to Edmunds, about one-third...
Can I change my child’s last name after a divorce?
After a divorce in Colorado, you want to begin a new life. You may have changed your last name after the divorce as a way to separate yourself from the marriage and start all over again as your own person. This is common, especially if the marriage was not a good one....
3 reasons to file bankruptcy now and not later
It may be tempting to put off filing bankruptcy in Colorado. You may want to try everything possible to delay the inevitable. This often leads to spending money you should not spend to try to rectify the situation. Some people resort to using all of their retirement...
Understanding Chapter 7 bankruptcy
If you are dealing with overwhelming debt, you may be thinking about filing for bankruptcy. Chapter 7 bankruptcy is one of the most common types of consumer bankruptcy. It is a legal process that clears some or all debts that you owe. The core advantage of declaring...
Good records can help prevent alimony conflicts
Although some people still use cash and checks to make purchases and pay their bills, many Colorado residents use online banking and bill pay to handle their financial affairs. Aside from not having to wait to have their payments transferred to their lenders and...
Subsequent mortgages may be eliminated through bankruptcy
A home is a major purchase that can stretch the financial resources of a Parker resident. It is also, however, often a person's most valuable asset and a source of financial security for them. A person can choose to secure a second or more subsequent mortgages on...
Important reminders about child support
Children should not have to pay the price for their parents' decisions to end their marriages. That is why in Colorado and other jurisdictions throughout the nation courts order parents to pay child support. Child support is money that custodial parents may use to...
3 tips to help you find financial freedom during bankruptcy
There are many reasons why individuals turn to bankruptcy to address the debts plaguing them. You may be unable to work because of a sudden illness and cannot recover financially because of the lack of income and influx of bills. Or, maybe your credit card bills got...