At The Law Office of Paul Stuber, I serve the needs of individuals struggling with their debts. Many people are scared of bankruptcy due to the myths surrounding this area of law. I can personally assure you that many of these myths are untrue. Bankruptcy is a process designed to protect debtors and help them restart their financial lives by giving them debt relief when they need it most.

If you have questions regarding bankruptcy myths, don’t hesitate to contact my Boulder law firm online to speak with a skilled attorney today.

Debunking Bankruptcy Myths Across Colorado

There are several myths that make people very afraid of bankruptcy in Colorado. I will work with you to debunk them. A few common myths I hear a lot include the following:

  • You cannot restore your credit after bankruptcy: False. I can work with you to have your credit back to normal or better in less than five years. By working with credit counselors, financial planners and taking other proven steps, I will show you how to get back on the path to financial success.
  • You cannot buy a home after filing for bankruptcy: False. It is completely possible to buy a home after the credit restoration steps listed above have been done. In three to five years, your credit should be back on track.
  • You can only file once in your life: False. There are statutory limitations to how often an individual can file bankruptcy, but there is no law stating that a person may only file once in his or her life. By speaking with me, you will know all of your bankruptcy options and which ones will work best for your situation.
  • You will lose everything you own: False. There are many statutory exemptions in Colorado as well as federal law that allow you to keep certain property. The amount of property loss will also vary depending on which chapter of bankruptcy you file.

Contact A Proven Colorado Bankruptcy Myth Lawyer

Call 303-444-8366 or send my law firm an email to learn more about the myths surrounding the bankruptcy process in the Boulder area.

We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.