Benefits of Bankruptcy

Thousands of individuals file for bankruptcy protection in Colorado each year to help them manage their personal finances. The law office of Greenwald & Hammond, P.C., has personally helped many of these people and their families gain control of their financial situation and has helped them get onto the path toward financial recovery.

Our bankruptcy attorneys have nearly 15 years of combined experience guiding people through the complex bankruptcy process. We are here to answer your questions and explain the benefits of bankruptcy and how they might be of help for you.

Contact our debt relief law office online today or call 303.832.2550 to discuss your situation and learn how our services can help.

The Benefits of Filing for Bankruptcy

Regardless of your financial situation and how your current circumstances arose, there are some common benefits of bankruptcy that nearly everyone can take advantage of:

  • Collection efforts stop: Immediately after you file for bankruptcy, all phone calls, letters and other harassing collections efforts must stop. There are significant consequences for any creditor who attempts to contact you in any way.
  • Regain financial control: Whether you file for Chapter 7 or Chapter 13 bankruptcy protection, you will regain a sense of control over your financial situation. You will be able to move forward in your life with less stress and less worry than before.
  • Rebuild your credit score: Bankruptcy does initially lower your credit score, but it also allows you the opportunity to rebuild your credit over time — something nearly impossible when people continue on their current path.
  • Retain your possessions: In most cases, we are able to save our clients’ homes and other items of value. Do not sell off property you hold dear until you have spoken with someone at our office as we might be able to save most (if not all) of your property.

Divorce and Bankruptcy

Financial troubles can be difficult to talk about, especially when you have other important issues in your life that need attention. If you are contemplating divorce and have financial concerns, speak with our law firm before taking any action. We will carefully analyze your situation and recommend the best course of action. Sometimes filing for bankruptcy before filing for divorce is beneficial, and sometimes it is the other way around. We will work with you and develop a personalized plan to help you address your concerns.

Contact a Debt Relief Lawyer for Bankruptcy Help: Free Consultations

Our Denver law office provides free consultations to anyone seeking help with the bankruptcy process. Contact our Aurora law firm online today, or call 303.832.2550 to get the answers you need.