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Giving Residents in Southern Colorado A Hand Up When Financial Hurdles Come

Colorado Springs Chapter 13 Bankruptcy Attorney

Restructuring Your Debt to Help You Get a Fresh Start

Between a tumultuous economy and the surprises that life can place in your path, finances can sometimes get out of hand. Unexpectedly losing a job, the passing of a loved one, and expensive medical care can all contribute to being quickly overwhelmed by debt beyond your ability to repay. At Freeman Law Group, we are committed to providing you with everything you need to help handle these challenges and come out the other side with renewed financial stability. Our Colorado Springs bankruptcy lawyer is committed to ensuring that clients have everything they need to succeed.

If you find yourself in need of bankruptcy, our team can work with you to ensure your rights are protected throughout the process. Contact us today to schedule your free consultation!

Defining Chapter 13 Bankruptcy

Chapter 13 bankruptcy allows you to repay some or all of your debt. To file for Chapter 13 bankruptcy, you must demonstrate that you have a reliable and steady source of income that can support the monthly payment plan you propose. How much you pay depends on your repayment plan.

When you file under Chapter 13, you will be required to propose a plan that outlines how you will repay your debts over the following three to five years.

The minimum required payment is affected by several factors:

  • Your income
  • Your total debt
  • The amount that your unsecured debtors would have received had you filed under Chapter 7

Your monthly payment must also be approved by the Bankruptcy Court.

Secured debts can be included in the payment plan, to give you an opportunity to make up missed payments and get current. Whether you include secured debts in the payment plan is optional, depending on your situation.

Call Freeman Law Group Today

We know how frustrating it can be to find yourself deeply in debt and unable to get out, but we are prepared to get you the help you need.

Reach out to our offices today at (719) 582-2779. Our Chapter 13 bankruptcy lawyer in Colorado Springs is prepared to help you!

Why Turn To

Freeman Law Group?

When Attorney Derek W. Freeman agrees to take a bankruptcy or social security disability case, he gives it his all. There is no doubt that our founding attorney is prepared to contribute individualized care and personalized attention to detail to your case, if we are able to help you. Every client has direct access to him through the entire process.
  • Free Consultations
  • Personalized Service
  • Direct Access to
    Attorney Freeman
  • Quality Representation at Affordable Rates