Financial Freedom, A New Year's Resolution?

Looking for Financial Freedom? Are you drowning in financial woes? Credit Card bills piling up along with medical bills and every other kind of bill you can imagine? Bankruptcy in Denver may be an option, it also may not be… We are here to help you explore whether you qualify for bankruptcy under the federal code. What do people often wonder about bankruptc? "Is bankruptcy ethical?" "How much does bankruptcy cost?" "Should I consider bankruptcy?" "Aren't bankruptcy attorneys just trying to get my money?" As to ethics, we all have to decide what we're comfortable with. If you are unable to meet your obligations, you are not going to be able to pay. Letting your creditors know this allows them to plan ahead. There is no law that states you can't pay someone AFTER you have had your debt discharged. You can choose to pay if you really want to, so filing for bankruptcy in Denver does not mean you can't ever pay these debts. Also, consider interest rates, is charging 20+ percent ethical on loans? When a bank charges these rates, they do so knowing some of their clients will have to file for bankruptcy. They build into their model room to accomodate for these situations. How much does it cost? This question is always hard to answer. The best we can say is it's rare that it is under $1,000 and also rare that it's over $4,000. The costs will depend on the type of bankruptcy needed. A stright Chapter 7 bankruptcy is cheaper than a complicated Chapter 13 bankruptcy case. A majority of our clients pay less than $2,000 and there are payment plans. Plus, if you are getting a tax refund, you can use the tax refund to pay for your bankruptcy! If you file and then get your tax refund, creditors can take the tax refund away from you. Should you consider bankruptcy? The answer to this is if you are on this site, you already are considering it. It may or may not work for you. In fact, you have to pass a series of financial tests called a "means test" in order to have a shot. If you can pay your bills without working 4 jobs, you are generally much better off paying your bills. However, if you can't, you need to decide what to do. Aren't bankruptcy attorneys just trying to get your money? This is a double edged sword. I guess the short answer is NO, a good bankruptcy attorney is not trying to JUST get your money. A good bankruptcy attorney in Denver is trying to help you get financial freedom and is hoping to get paid a little for the hard work they are going to do in walking you through this tough time. Really, a bankruptcy attorneys job is to protect your financial interests as best as possible, not exploit them. A bankruptcy attorney who is trying to help you will work to help you keep your home, and keep your car as well as other necessary assets. It's not about trying to get you to spend a lot of money, but to give you a fresh start! Give us a call for a free initial bankruptcy consultation in Denver today!

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