Bankruptcy Law Firm in Pueblo, CO

Providing You with a Dedicated Legal Advocate

Most people face financial problems at some point in their lives. It is an unfortunate fact of life. However, in some cases, people are faced with financial issues that they simply cannot overcome on their own no matter how hard they try. Maybe they were in an accident and suffered an injury that prevented them from working and left them with a pile of hospital bills. Or perhaps they were the victim of predatory lenders who saddled them with bad loans that they can’t afford to pay off because the interest on the loans is outrageously high.

Those are just a couple of the ways that a person can become trapped in a hopeless financial situation. Fortunately, bankruptcy provides people with a legitimate and realistic opportunity to solve their debt problems and regain control of their finances.

Our experienced bankruptcy team at Wagner Law Office, P.C. has been helping people in Pueblo and throughout Colorado recover from financial ruin since 2007. We know how much financial problems can weigh on a person’s life. That’s why we are dedicated to helping individuals and families in our community overcome their financial difficulties and open the door to a brighter future.

Need help with a bankruptcy? Facing foreclosure? Give us a call at (303) 536-5124 or get in touch with us online. We offer free consultations and payment plans. Phone consultations and early morning and late evening appointments available.

Experienced Bankruptcy Services

Bankruptcy is not one size fits all. There are different types of bankruptcy to handle the unique financial situations of a wide range of individuals and the wide variety of financial problems that people can face. Chapter 7 bankruptcy and Chapter 13 bankruptcy are the to most common forms of bankruptcy. Both Chapter 7 and 13 have their benefits and their limitations.

Chapter 7

People can eliminate multiple types of unsecured debt using Chapter 7 bankruptcy. Chapter 7 bankruptcy is especially helpful to debtors who are behind on paying their bills and don’t have an affordable way to catch up on their payments or even afford their monthly payments in general. Chapter 7 allows a person to eliminate that debt and make a fresh start. However, there are negative consequences for filing Chapter 7 bankruptcy. Once a person files Chapter 7, it will negatively impact their creditworthiness for years. Also, if a person files Chapter 7 bankruptcy, they may have to give up some of their possessions to be sold to repay their creditors.

Chapter 13

Chapter 13 bankruptcy is less about eliminating debt and more about reorganizing a person’s debt, so that the person can afford to repay it. Chapter 13 bankruptcy creates a payment plan that allows a debtor to repay their creditors under the supervision of The United States Bankruptcy Court. Chapter 13 bankruptcy has several benefits. For one thing, it only lasts a set time (usually 36 to 60 months). In addition, Chapter 13 does not require creditors to be fully repaid, which, in some cases, can save debtors a lot of money. Plus, filing Chapter 13 bankruptcy often allows people to keep property that they would have to give up if they filed Chapter 7 bankruptcy. Chapter 13 also provides people with the opportunity to affordably pay overdue taxes and catch up on their mortgage and car payments instead of facing repossession or foreclosure.

Foreclosure Defense

Bankruptcy is not the only way that our law firm is able to help people in Pueblo with their financial struggles. Wagner Law Office, P.C. also helps homeowners whose homes are facing foreclosure. Our foreclosure defense attorney can provide homeowners with several options for keeping their home, including:

• Servicemembers Civil Relief Act (SCRA) – There are special foreclosure protections available to active U.S. servicemembers under the SCRA.
• Government-Backed Mortgage Protections – In some cases, mortgages backed by the government qualify for special foreclosure alternatives, like loan modification programs.
• Valid Foreclosure Defenses – Attorneys are often aware of foreclosure defenses that both mortgage providers and homeowners are unaware exist. For instance, if a mortgage servicer made certain mistakes while managing a loan, it may invalidate the foreclosure.

Set Up a Free Consultation with an Experienced Pueblo, CO Bankruptcy Lawyer Today!

At Wagner Law Office, P.C., we are dedicated to helping our fellow Coloradans overcome their financial problems. We have been providing clients in Pueblo and its surrounding areas with top notch legal representation since 2007. If you are facing financial hardship or you’re on the verge of losing your home due to foreclosure, let us help. Visit our Bankruptcy FAQ page for more information about how bankruptcy works in Colorado. Check out our clients’ reviews to learn more about Wagner Law Office, P.C. and our dedicated legal team.

To discuss your situation with an experienced Pueblo, CO bankruptcy attorney, call us at (303) 536-5124 or contact us online. We offer in-person and phone consultations. Late evening and early morning appointments available. We also offer payment plans.