Denver Bankruptcy Lawyer Provides Colorado Bankruptcy Law Assistance
Over 14 Years of Legal Experience
Even though there are “new” bankruptcy laws which have been in effect since 2005, you still may be eligible for debt relief in Colorado. Despite the fact that debt relief may be more difficult to obtain for some, The Law Office of David M. Serafin will explain to you how the laws in Colorado work and will assist you in filing in Colorado. As a Denver bankruptcy lawyer, Attorney David M. Serafin understands how difficult the decision is to file is.
Having a Masters Degree in Taxation, in addition to a law degree, and being one of the few bankruptcy AND tax lawyers in Denver and all of Colorado, David M. Serafin is able to use his unique tax credentials to his clients’ advantage in situations affecting those facing an individual or small business IRS or Colorado state tax audit, or who are on the receiving end of a civil debt collection matter, particularly as it relates to partial or complete discharge of a secured or unsecured debt, or addressing a tax debt with an interest/penalty free chapter 13 payment plan of such tax debt for three to five years.
The new laws create strict new filing requirements on debtors and their lawyers. As your Denver bankruptcy lawyer, you and I will review together all options. I will analyze your case under the new Means Test to determine whether you qualify for chapter 7. If you do not qualify for chapter 7 or if chapter 13 is preferable, a chapter 13 payment plan will be prepared with the lowest possible payment. If you do decide to file, I will ensure that your case is well prepared. If you would like to learn more about working with a Denver bankruptcy lawyer, please Contact The Law Office of David M. Serafin for more information. Click here to learn more about chapter 7 bankruptcy or chapter 13 bankruptcy.
Here’s an overview as to how I initiate the bankruptcy process in Colorado:
- I gather extensive information about your personal and business assets, debts, income and expenses, as required to determine which chapter is most appropriate, and
- Before we file, you’ll first need to provide to us any personal and business tax returns for the previous year, copies of pay stubs - or your business' Profit/Loss Statement and Balance Sheet for the past six (6) months for those self-employed, and proof of monthly expenses.
Before you deplete your retirement plan, transfer credit card balances or property of any type, or pay back any loans to a relative or friend, I strongly recommend that you contact our office.
You should also contact a Denver bankruptcy lawyer if you are being sued and/or if a judgment is pending against you. If a judgment is entered against you or your property, the underlying debt may become a secured debt thereby allowing a creditor to garnish wages, seize bank accounts, or place a lien on property. Although I can often eliminate judgments, it is still preferable for you to consult with me in advance before secured and unsecured creditors take legal action.
Under the new laws, the Law Office of David M. Serafin is also known as a “debt relief agency” meaning that we help people file for relief under the Bankruptcy Code.
Although the new laws will increase the complexity of debt relief, the Law Office of David M. Serafin will aggressively protect your rights under the new laws in Colorado.