Longmont Bankruptcy Lawyer
Helping People File for Bankruptcy in Niwot, CO
If you are struggling with overwhelming debts, you may be considering filing for bankruptcy. If so, you have probably been inundated with misinformation about what bankruptcy can and cannot do for you. Goff & Goff, LLC has been helping people file for bankruptcy for over 30 years, and we can help you, too. We can guide you through the entire bankruptcy process, explain your options, and help you make informed decisions.
When it comes to bankruptcy, knowledge is power. When you work with our firm, you can be confident that you are getting the most accurate information available. We are here to help you get a fresh start and protect your assets.
To learn more about filing for bankruptcy in Colorado, contact our Longmont bankruptcy lawyer today at Goff & Goff LLC! Call or contact us online.
Types of Bankruptcy in Colorado
When you file for bankruptcy, you will need to choose between several different types of bankruptcy. We can help you choose the right one for your circumstances. The most common types of bankruptcy in Colorado are:
Chapter 7
Chapter 7 bankruptcy is often referred to as "straight bankruptcy" or "liquidation." It involves the liquidation of assets to pay as much of your debt as possible. Chapter 7 is typically used by individuals with little to no income who have a lot of unsecured debt. It is also used in business liquidations. Chapter 7 is not an option for those who have substantial income or assets.
Chapter 11
Chapter 11 is similar to Chapter 7 in that it involves liquidating assets to pay as much of your debt as possible. However, it is typically used by businesses. Chapter 11 involves reorganization of the business, with the goal of allowing the business to continue operating. Chapter 11 is not an option for individuals.
Chapter 13
Chapter 13 bankruptcy involves paying off your debt over time through a repayment plan. You will be required to make monthly payments to a bankruptcy trustee. If you have a moderate amount of debt, Chapter 13 can be a good option. If you have a lot of debt, however, Chapter 7 may be a better choice.
For more information about the Longmont bankruptcy process, contact our attorneys at Goff & Goff LLC.
How Our Longmont Bankruptcy Attorney Can Help
Bankruptcy is a complex process, and it is important to have knowledgeable guidance throughout the process. At Goff & Goff, LLC, we have been helping people file for bankruptcy for over 30 years. We can help you navigate the bankruptcy process and make informed decisions. We can also help you understand your rights and options.
Our firm has handled thousands of bankruptcy cases, and we have the experience to guide you through the process. We can help you choose the right type of bankruptcy for your circumstances, help you understand the process, and help you get the best possible outcome.
Do not let overwhelming debt control your life. If you are considering filing for bankruptcy, we can help.
To schedule an initial consultation with our Longmont bankruptcy lawyer, contact us online or call today.
