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Denver Chapter 7 Bankruptcy LawyerColorado Credit Card Debt Relief Attorney
Ease your stress and get a fresh start. Take action today and claim the financial freedom you deserve. Call Ray Solot for a free consultation at 303-945-3611 or contact him by e-mail to discuss your bankruptcy options with a Denver Chapter 7 Bankruptcy attorney. Para informacion en Español 303-455-2525. Chapter 7 BankruptcyIf you are considering bankruptcy, it is important to consult with an experienced advocate. Without representation, you could risk waiving your rights or losing assets that you intended to keep. Ray Solot will take the time to understand your unique position and the challenges that you may face. He will also counsel you on the best bankruptcy option for you, including Chapter 7. You may be wondering:
Chapter 7 BankruptcyChapter 7 bankruptcy will give you a fresh start. It will provide relief from creditors, stop foreclosure, eliminate unsecured debt and help you get control of your financial position. Chapter 7 is the simplest and quickest form of bankruptcy, but it is important to have an attorney guide people through that process. Chapter 7 Bankruptcy Process1) A "means test" determines whether a client is eligible to file for Chapter 7 bankruptcy. This test is used to limit Chapter 7 to those people who truly can't repay their debts. If a person's income is below the median income for families in Colorado, then they will be eligible for Chapter 7. 2) Prepare the bankruptcy petition called Statement of Financial Affairs. This statement contains extensive schedules requiring a detailed list of a person's debts. 3) The court issues a notice to creditors that places an "automatic stay" on a person's property and gives them a break from litigation. 4) After bankruptcy is filed, the client must appear at the meeting of creditors, also called a "341" meeting. The trustee can ask questions about a client's property and debts. Creditors can ask questions as well. Creditors have 60 days after this meeting to convince the bankruptcy court that the client should not be allowed to drop their debts. Many times, creditors do not receive the full amount owed by the client. In some cases, creditors receive no payment at all, or clients can keep all of their property. As your attorney, Mr. Solot will ensure that you understand the bankruptcy process and the consequences of filing. He knows that every client has a unique case, and he will give you the information you need to make the best decision for your family and your financial future. He can also help you rebuild your credit after filing. For more information about debt relief and to speak directly with an experienced Denver, Colorado, bankruptcy lawyer, please call Ray Solot at 303-945-3611 or contact him using an e-mail form. Free consultations · Over 35 years of experience · Saturday appointments available
Raphael M. Solot Attorney at Law
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Copyright © 2012 by Raphael M. Solot Attorney at Law. All rights reserved. Disclaimer | Site Map |
Experiencing unmanageable debt can be overwhelming. You may suffer from creditor harassment, mounting bills and the sense that there is no relief in sight. You may have given up and started ignoring your debt because you think there is no way out. Remember that the Federal Bankruptcy Code was intended to help consumers like you achieve debt relief to help you get back on track and move forward after financial hardship. Raphael M. Solot, Attorney at Law, has over 35 years of experience helping individuals and families eliminate debt through bankruptcy.