Denver Bankruptcy Law
Chapter 7 Bankruptcy, or liquidation bankruptcy, means that your “estate” – i.e., your assets – is sold in order to pay off your creditors. A reorganization bankruptcy can also involve the selling of assets, but more often than not you can retain a majority of your assets while your creditors’ needs are assessed.
Reorganization bankruptcies can be filed under the following guidelines:
Chapter 9 – municipalities
Chapter 11 – businesses and individuals with many assets
Chapter 12 – farmers, fisherman
Chapter 13 Bankruptcy – individuals with steady income
Chapter 15 – international cases
Contact us today to learn more about your options under the current Denver Bankruptcy Law. Once you are ready to take your first step toward Bankruptcy help in Denver, contact Adam A. Tirella, Denver Bankruptcy Attorney, for your free initial consultation.
Tirella Bankruptcy Law
Email Tirella Law
612 Washington St., Suite 104
Denver CO 80203