lawyer (6926) attorney (6912) colorado (5735) law (5339) bankruptcy (1193) debt (839) durango (300) chapter 7 (238) creditor (100) daniel spitzer (2)
The main causes of consumer bankruptcy are job loss, medical debt, divorce, other family problems, and failed businesses. Bankruptcy may truly be the only real solution for those who never thought that they would need it. It should be seen as a fundamental way for honest people struggling with finances. For most of my clients, filing for bankruptcy is a very stressful event. Accordingly, it is critical for me to communicate openly and honestly with my clients concerning their circumstances and objectives
Filing bankruptcy has immediate advantages:
When bankruptcy is not an option voluntary debt workout plans are available.