How to afford bankruptcy when you can't even pay your bills

(www.coloradobankruptcyexpert.com) That's why we take payments. Credit card companies won't sue you for a year to 18 months. The only way they can hurt you is to sue you, get a judgment and garnish you. So we have time to plan.

If you're already being garnished, how can bankruptcy help you? They have to stop -- the day your bankruptcy is filed, all creditors have to stop collection efforts, no lawsuits, no garnishments.

Colorado bankruptcy attorney Kevin Heupel shares who's going bankrupt these days? Biggest myths about bankruptcy these days? What really happens when you go bankrupt? What can I expect? And what do you get for a $999 bankruptcy?

If a bankruptcy attorney quotes you a $999 fee, what should be included in the bankruptcy price you're quoted?
- do you fill out the papers or does your attorney?
- do you file your papers or does your attorney?
- do you actually get legal advice or is it a "do-it-yourself" bankruptcy?
- do you pay the filing fee separately or is it included in the price you're quoted?
-do you go to the meeting of creditors alone or does your attorney go with you to walk you through the process?

Who's going bankrupt these days? People suffering fallout from the real estate market, Baby Boomers who had high end income and lost their job, and people with unexpected medical bills.

What are the biggest myths about bankruptcy? -- That you can't file anymore. That you'll lose everything. You have certain exemptions, which allow you to keep $5,000 in equity in your car, up to $20K in tools of the trade, jewelry up to $2K (at pawn shop prices); and $60K in home equity.

What's the process of bankruptcy? If you come to my office in Denver or Colorado Springs or elsewhere, you meet me or one of my staff, we show you how it works and what chapter to file. If you decide to retain us, we take all your documents, we prepare the petition for you, we review it with you and make sure everything is correct. Then we file it in the court for you. 30 days later, if it's a Chapter 7, we go with you to the meeting of your creditors. Two months later, you get a discharge and you're out of debt. Chapter 13 is a little bit longer.

How can you make bankruptcy an affordable option to getting out from under your debt? Call Kevin Heupel at 720-319-8900 or visit www.coloradobankruptcyexpert.com to talk about your options.

Видео How to afford bankruptcy when you can't even pay your bills канала Heupel Law, P.C.