Colorado Bankruptcy Courts
The Colorado Bankruptcy System maintains one district, containing one division, with statewide jurisdiction.
For more information about the court, see: Denver Clerk's Office.
According to the Administrative Office of the U.S. Courts, the 2003 national rate
of filing personal bankruptcy was one in every 79.1 households (1.27%).
At this rate, over the next 30 years, 38% of all U.S. households will be liquidated by
the federal court system. In Colorado, the rate is one in every 94.0 households
which ranks as the 28th highest in the country.
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Total Colorado Bankruptcy Filings in 2003 |
| District |
Total |
Ch 7 |
Ch 11 |
Ch 12 |
Ch 13 |
| Colorado |
24,210 |
21,536 |
90 |
13 |
2,571 |
|
Businesses Filing Colorado Bankruptcy in 2003 |
| District |
Total |
Ch 7 |
Ch 11 |
Ch 12 |
Ch 13 |
| Colorado |
490 |
364 |
87 |
13 |
26 |
Federal reform bills proliferated in Washington since the early 90's. Through various names and formats,
these proposed new laws are generally referred to as "Abuse Prevention Acts." The proposals are designed
specifically to limit individual access to chapter 7 if earning above statewide median income, increase chapter
13 payments, limit living allowances, and create new fines and penalties against debtors.
Colorado Bankruptcy Practices - Local Rules
Judges require conformity with Colorado bankruptcy local rules of court.
Many local rules are standardized across the county and provide further
clarification and instructions for administrative responsibilities of
attorneys. By way of example, instructions on filing additional declarations
and required data are not included within the U.S. Bankruptcy Code, but
are however routinely published by the Clerk of the Court along with Colorado bankruptcy records. Local rules
also may include unique location specific instructions applicable only
to a particular court. All debtors filing pro se must also follow local rules regardless of actual
notice. A violation of local rules may result in dismissal. Copies of local rules are available from the Clerk
of the Colorado Bankruptcy Courts. Common terminology used by Colorado bankruptcy
courts within these rules frequently are intended as a term of art.
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