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New Exemption Law in Colorado is now official
blogThe new Colorado Exemption legislation has now been signed into law. It significantly increase and expands protection of assets for people filing Chapter 7 and Chapter 13 bankruptcy.
If I live in my motorhome, camper or trailer will I lose it if I file Chapter 7 or Chapter 13 Bankruptcy in Colorado?
blogNew Homestead Exemption legislation passed in March of 2022, now includes motorhomes, campers and trailers. It also significantly increases the protection of the equity in your motorhome, camper or trailer. The Governor of Colorado still needs to sign the legislation into law. The Homestead Exemption has been increased to protect $250,000 in equity for a […]
Can filing Chapter 7 Bankruptcy stop eviction?
blogThe filing of a Chapter 7 bankruptcy can temporarily stop eviction. The Chapter 7 Bankruptcy must be filed prior to the Court Order for eviction. It is not a permanent solution. It may give you time to negotiate with your landlord or seek financial assistance. Filing Chapter 7 may also eliminate debt that you are […]