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Office Location(s)
Metro Denver, Colorado
and Frisco, Colorado

Main Office:
8400 E. Prentice Avenue, Penthouse Suite
Greenwood Village, CO 80111

Tel: (303) 409-7777
Cell:(303) 877-3877

www.acslawyer.com

Bankruptcy Information

Chapter 7

Bankruptcy Information

Commonly known as straight or liquidating bankruptcy, allows individuals to obtain a discharge of their unsecured debts and retain most of their personal property under Colorado exemption laws. Businesses can also file for Chapter 7 relief to stop collection or lawsuits and seizure of property.

Chapter 11

Individuals or businesses that want to reorganize under a Plan allowing for orderly repayment of their secured and unsecured debts, including tax obligations.

Alternatives

In some cases bankruptcy can be avoided by settlements with creditors without lawsuits for a small percentage of the debt owed.

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