Parker Law Blog
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...
Good records can help prevent alimony conflicts
Although some people still use cash and checks to make purchases and pay their bills, many Colorado residents use online banking and bill pay to handle their financial affairs. Aside from not having to wait to have their payments transferred to their lenders and...
Subsequent mortgages may be eliminated through bankruptcy
A home is a major purchase that can stretch the financial resources of a Parker resident. It is also, however, often a person's most valuable asset and a source of financial security for them. A person can choose to secure a second or more subsequent mortgages on...
Important reminders about child support
Children should not have to pay the price for their parents' decisions to end their marriages. That is why in Colorado and other jurisdictions throughout the nation courts order parents to pay child support. Child support is money that custodial parents may use to...
3 tips to help you find financial freedom during bankruptcy
There are many reasons why individuals turn to bankruptcy to address the debts plaguing them. You may be unable to work because of a sudden illness and cannot recover financially because of the lack of income and influx of bills. Or, maybe your credit card bills got...
What is the significance of legal custody?
Children are unique beings that have different needs from their parents. When two parents go through a divorce the careful balance that they have created to provide stability for their children may be upset by the turmoil in their relationship. When Colorado families...
Property that may be subject to division during a divorce
Martial property is subject to division during a Colorado divorce. While the separate property that individuals maintain will remain their individual assets once their marriages are over, martial property must be split amongst the spouses with each spouse taking their...
Bankruptcy can help debtors hold onto their homes
Debts are burdensome and uncomfortable. When Parker residents receive their monthly credit card bills and see that their balances have ballooned due to interest fees or that an unexpected medical procedure is thousands of dollars more than they anticipated, they may...
When is sole custody ordered in family law cases?
Every child custody and family law case is based on different facts and will involve children who have different needs. The best interests of one Colorado child may vary greatly from those of another, and for that reason individual custody cases receive their own...
