Here are some helpful videos provided by the United States Courts

Introduction

What is bankruptcy?  What happens in a bankruptcy case? Bankruptcy is a legal process that provides relief for individuals who can no longer pay all of their debts.  If you are considering bankruptcy, this video will give you basic information about the process, the relief it offers, and how to find the legal help you may need.

Types of Bankruptcy

A brief review of the three main types of bankruptcy cases for individuals chapters 7, 11, and 13.  The most common types of bankruptcy are chapter 7, which are liquidating bankruptcy, and chapter 13 cases, often used by individuals who want to catch up on past due mortgage or car loan payments and keep their assets.

Limits of Bankruptcy

Certain types of debt, such as child support, alimony, and most student loans, cannot be discharged in bankruptcy.  Wrongful conduct may make some debts non-dischargeable.  Examples of such conduct are incurring credit card charges without the intent or ability to repay, or obtaining loans using false financial information.

Filing for Bankruptcy  

How does someone file a bankruptcy case?  In order to file for bankruptcy, an individual must take a credit counseling course to learn about alternatives to bankruptcy as well as accurately complete and file a number of documents.

Creditors' Meeting

Every debtor is required to appear at a creditors' meeting conducted by a trustee who asks the debtor questions about the debtor's financial condition and gives creditors the opportunity to do the same.

Bankruptcy Crime

A debtor must be honest and accurate in dealing with the court or face serious consequences, including being charged with a bankruptcy crime.

Courts Hearings

In some cases, a debtor may be required to appear at hearings before a bankruptcy judge.

The Discharge

Debtors are usually able to discharge most or all of their debts.  Once a debt is discharged, a creditor may not attempt to collect it from the debtor.

Legal Assistance

When does someone need a lawyer for a bankruptcy case? Individuals have a right to represent themselves in court, but bankruptcy is a complex area that involves many considerations including whether to file, what chapter to file under, and what exemptions to claim.  It is important to understand all of the protections of the bankruptcy code in order to make full use of them.
Bill Zurinskas is a Federally Designated Debt Relief Agency and Bankruptcy Lawyer. He helps people file for bankruptcy relief under the US Bankruptcy Code.

Serving the cities of Longmont, Fort Collins, Boulder, Loveland, Brighton, Broomfield, Louisville, Lafayette, Estes Park, Erie, Berthoud, Hygiene, Niwot, Dacono, Frederick, Westminster, Northglenn, Thornton, Denver, and most of the Front Range.
​
Disclaimer - The information contained on this site is intended to educate members of the public generally on Bankruptcy matters and is not intended to provide solutions to individual problems. Nor does the use or reliance of information contained on this web site constitute the establishment of a lawyer-client relationship. Readers are cautioned not to attempt to solve individual problems on the basis of information contained herein and are strongly advised to seek competent legal counsel before relying on information on this site.

© 2016 Bill Zurinskas Attorney at Law