Chapter 7 & Chapter 13 Bankruptcy

Marcus Flinders, Bankruptcy

Marcus Flinders, Bankruptcy


Bankruptcy provides an opportunity for many individuals to get out of debt and have a fresh financial start. It can be very effective in resolving problems of debt, repossession, foreclosure, and garnishment. The attorneys at Flinlaw are experienced in Bankruptcy and provide top quality legal services at an affordable price.

If you are considering bankruptcy it is important to carefully consider all of your options before you decide to file. Bankruptcy will typically stop any repossession, foreclosures, or collection law suits against you. If you are constantly being hounded by debt collectors, using credit cards to pay for necessities, or are considering debt consolidation, then bankruptcy could be a potential option for you.

There are two main types of bankruptcy: Chapter 7 and Chapter 13. Each type has its advantages and disadvantages depending on your current situation. Our bankruptcy attorneys can look at your case and discuss with you what will be the best option for you.

Bankruptcy should not be looked at as a personal failure, but a decision to take responsibility towards a new and financially stable future. Schedule an appointment and talk with a Bankruptcy Attorney at Flinlaw to find out whether or not filing for bankruptcy is the best decision for you.

Chapter 7 Bankruptcy

Deciding which type of bankruptcy to file depends on a number of factors including the type of debts you have, income, property owned, and overall goals. A Chapter 7 bankruptcy deals with quickly liquidating your assets to pay off as much debt as possible. A Chapter 7 bankruptcy can immediately protect you from your creditors and erase the majority of your debts. While declaring bankruptcy may eliminate most debts that you have, certain debts may not be discharged. An experienced attorney at FlinLaw can help you determine which if your debts may be discharged.

Making the decision to file for Chapter 7 bankruptcy can be a scary and intimidating experience. Bankruptcy laws are constantly changing and difficult to understand. Colorado laws are reasonable and in many cases exempt the majority of your assets.

At Flinlaw we provide top quality bankruptcy services to help you restart your life financially and protect those assets that are important to you. Schedule a free consult with Flinlaw to find out more information about how bankruptcy will affect your life.

Chapter 13 Bankruptcy

A Chapter 13 bankruptcy allows an individual to develop a plan to pay back some or all of their debts over a designated time period. A plan will be presented that allows the debtor to pay back their creditors over a 3-5 year span. During this time period creditors may be unable to collect on those debts.

Just like Chapter 7 bankruptcy, there are certain pros and cons to a Chapter 13 bankruptcy. One advantage of a Chapter 13 bankruptcy is the possibility to stop foreclosure on your home when you are behind on your payments. It also may be possible to lower the payments on certain debts that you have acquired. Our experienced bankruptcy attorneys can discuss all your options with you when deciding whether or not to file for bankruptcy.

Choosing to file for bankruptcy and deciding which type of bankruptcy to file is a complicated task and should be done with the supervision of an attorney. The bankruptcy attorneys at Flinlaw have years of experience in helping people overcome their debt problems and getting the results they want. Schedule a free consult with Flinlaw to discuss your bankruptcy.