Parker Law Blog
Will you lose your home in a Chapter 7 bankruptcy filing?
Once your debt gets to a point where you can't manage it anymore, bankruptcy can be the best solution because it doesn't just give you temporary relief. Instead, it offers a potential discharge of your unsecured debt, which means a financial clean slate. You can...
What happens to your vacation home in a Colorado divorce?
Maybe you have a lovely cabin up on a lake that you like to visit in the summer, or perhaps you have a condo in a ski community that your family usually spends the winter holidays visiting. Having a second home is nice, but it can certainly complicate your divorce....
Property that can remain separate property during a divorce
People in Colorado each have unique marriages. They last varying lengths, people have varying numbers of children, they earn various amounts of money and acquire various amounts of assets during the marriage. That means if the couple divorces, each divorce will be...
How are support orders enforced?
Child support is one of the most misunderstood issues in family law, and these misunderstandings often lead to trouble. One of the most troublesome issues is the question of what to do when one parent is no longer paying the required amount. The child support system...
Reasons the court may dismiss your Chapter 7 bankruptcy
The goal when you file for Chapter 7 bankruptcy is to have the court discharge your debts. When a discharge happens, it means the court approves your case and your debts are no longer your obligation to pay under the law. Not every Chapter 7 will end in a discharge,...
Child custody considerations in Colorado
If you live in Colorado and your marriage has come to an end, you may have concerns about the custody of children you share with your soon-to-be-former spouse. Rather than custody, the state uses the term "parental responsibility" to describe how the child will divide...
Your car loan could be trouble
When you are having trouble paying your bills and managing your debt in Colorado, it is a good idea to look over your finances and see what is wrong. For many people, it is a car loan that is causing them issues. That is because, according to Edmunds, about one-third...
Can I change my child’s last name after a divorce?
After a divorce in Colorado, you want to begin a new life. You may have changed your last name after the divorce as a way to separate yourself from the marriage and start all over again as your own person. This is common, especially if the marriage was not a good one....
3 reasons to file bankruptcy now and not later
It may be tempting to put off filing bankruptcy in Colorado. You may want to try everything possible to delay the inevitable. This often leads to spending money you should not spend to try to rectify the situation. Some people resort to using all of their retirement...
Understanding Chapter 7 bankruptcy
If you are dealing with overwhelming debt, you may be thinking about filing for bankruptcy. Chapter 7 bankruptcy is one of the most common types of consumer bankruptcy. It is a legal process that clears some or all debts that you owe. The core advantage of declaring...
