Financial debt is something that can bring tons of stress on your very quickly. This is especially true when bill collectors are calling and threatening to garnish your wages and take you to court over your debts. If you are going through this type of situation, there is hope for you to get help. First, you need to try and work out arrangements with your creditors. If they are unwilling to work with you, bankruptcy may be an option. Through the help of Bankruptcy Attorneys Colorado Springs, you can be freed from your debts, so you can get on with your financial future.
What Can You Expect With Your Bankruptcy?
Filing for bankruptcy is not an easy process, but it is made much easier with the help of an attorney. You will first need to meet with your attorney. It is imperative you provide all of the requested information your attorney asks for. You will need to provide information on all of your debts. Each debt will need to be listed in your bankruptcy petition. If any are left out, you will be responsible for them and can be pursued by the creditor, even if you have been approved for your bankruptcy. You will also need to bring information on your income, as well as your assets. All of these will be used by the attorney to decide which bankruptcy option will best fit your needs.
The Bankruptcy Attorneys Colorado Springs will get word from the courts on when your case is due to be heard before the judge. Your creditors will be informed as well and will have the opportunity to respond. The judge will take all of the information your attorney provides on your financial status and your debts and will make the decision on whether or not to approve your bankruptcy. If approved, you may be required to pay a monthly payment to the court, to cover your debts.
If you are drowning in debt and feel there is no way out, contact David M. Koppa. His office will be glad to assist you with your bankruptcy, so you can be free of stress and plan a better future.
