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December 2018 Archives

Surprising consequences of having a home lost to foreclosure

Having a home repossessed by a lender through the legal process of foreclosure can be hard on a Colorado family. However, individuals who are forced into this difficult process may be unaware that foreclosure can leave them with unexpected financial consequences once the process has completed. This post will touch on some of the issues people may have to deal with after foreclosure but readers are reminded that this post offers no legal advice.

What does it mean for Colorado to be a common law property state?

How property is divided during a divorce can be one of the most concerning and contentious parts of ending a marriage. When a person makes a list of everything that they own with their partner and on their own, they may be overwhelmed by the real, personal and intangible property that they own. The fact that our state is a common law property state that follows equitable distribution practices may not provide them with much understanding of what will happen with all of their possessions.

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