Garcia & Gonzales, P.C.
Denver Chapter 13 Bankruptcy Lawyer
Serving the Community Since 1977
If you make a reasonable living but still find yourself overwhelmed by debt, you may consider a Chapter 13 bankruptcy. The Denver Chapter 13 bankruptcy attorneys of Garcia & Gonzales, P.C., have handled thousands of bankruptcy cases. We can speak with you one-on-one about your options for debt relief, including debt settlement, loan modification and filing for bankruptcy, and help you make the best decision for you and your family. Contact us today to discuss your options.
Denver Debt Relief Attorneys, Helping You to Avoid Foreclosure
Often, the chief reason people want a Chapter 13 bankruptcy, instead of a Chapter 7 bankruptcy, is to save their homes from foreclosure. Under a Chapter 13 debt repayment plan, you can indeed keep many large assets. A Chapter 13 bankruptcy will put you on a monthly payment plan for a few years and allow you to take advantage of lien stripping a second or third mortgage, avoiding foreclosure.
Bankruptcy Can Happen to Anyone
There is no shame in filing for bankruptcy; all sorts of things can lead to one. At Garcia & Gonzales, we regularly speak with ordinary, hard-working people who find themselves in desperate financial straits because of:
- Job loss
- Loss of overtime
- Illnesses, medical bills
- Divorce
And every day, more financial stresses are being put on ordinary people. For instance, our lawyers are more often seeing people come to us saddled with:
Credit card bills: When the Federal Reserve started raising interest rates, many credit card companies started taking advantage. They started raising the minimum payments people must make each month. For people with more than $10,000 in credit card debt (which is not uncommon), this extra expense made it impossible to make ends meet.
Mortgages: Especially in Colorado, which leads the nation in foreclosures, many people are suffering from the adjustable rate mortgages that they agreed to when interest rates were very low. Now rates have gone up, and for many people, the extra payments are too much.
Gas and energy bills: Our Denver Chapter 13 bankruptcy attorneys are frequently visited by people whose finances have been ruined by the constantly increasing costs of gas and energy.
Layoffs/loss of job: Technically, there isn't supposed to be any hiring discrimination based on a person's age. But it happens anyway, and people in their 40s and 50s see themselves passed over for less experienced, younger people. They often have to take lower-paying jobs than they deserve, adding terrible stress to their finances.
Nobody wants to file for bankruptcy, but sometimes there is just no choice. Without filing for bankruptcy, you may get deeper and deeper into debt. After a bankruptcy, however, your finances can get back on track. There is credit after bankruptcy, and there is life after bankruptcy.
For more information about Chapter 7 bankruptcy or Chapter 13 bankruptcy, see our Bankruptcy Law FAQs and our page of Bankruptcy Information.
Contact Our Colorado Bankruptcy Means Test Lawyers
Please contact our Denver debt relief lawyers right away to speak to us about your situation. Our attorneys get to know each client personally, never passing people off to paralegals. Hablamos español.
We charge a small initial consultation fee for consumer bankruptcy consultations so that we are able to provide the necessary information you need to make a decision on how to proceed.
