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Can I protect money in my bank account if I file Bankruptcy Chapter 7 or Chapter 13 Bankruptcy?
blogRecent Colorado Law changes now allows you to protect up too $2,500 total in your bank account or accounts regardless of the source of the funds when you file a Chapter 7 or Chapter 13 Bankruptcy. This is a huge change in the law. Previously, money needed to be from certain sources such as, wages, […]
Will I lose my car or truck if I file Chapter 7 Bankruptcy or Chapter 13 Bankruptcy?
blogThe Colorado law protecting equity in motor vehicles when filing bankruptcy changed on April 7, 2022. If you are under 60 years of age, you can now protect a total of $15,000 in equity in one or two motor vehicles or bicycles. If you are 60 years of age or older or disabled you can […]
Can I keep my guns if I file Chapter 7 or Chapter 13 Bankruptcy in Colorado?
blogYes, within limits! Colorado law now allows you to protect in bankruptcy , your combined interest in firearms and hunting and fishing equipment held for personal, household or family use or for your personal safety and members of your household up to $1,000 in value. This is a huge change for the Colorado Exemptions which […]