|
Planning and Filing Colorado Bankruptcy Cases
The best-planned bankruptcy cases go unnoticed. A few debtors glide through the system without attracting attention and receive full discharges in record time. Luck is not involved, but rather each successful debtor begins planning strategically a few weeks or months in advance. These debtors know something that you don’t.
Best 2010 Bankruptcy Strategies Explained
Ask a Bankruptcy Lawyer for Help – Expand Your Options Quickly
If you are thinking about filing Chapter 7 or Chapter 13 bankruptcy, you are not alone.
You must have current and accurate information. Laws change frequently and
attorney abilities vary. Demand correct answers to insightful questions. Your
best options will be clear. Free expert help is only a few minutes away. Go
here:
Free Bankruptcy Consultation
with a Colorado Lawyer - No Obligation - Get All Answers You Deem Important. It's Free & Confidential.
"Colorado Chapter 7 Trustee"
The role of the trustee in Colorado bankruptcy cases filed under Chapter 7 is as an administrator. A trustee
reviews a cases for compliance with filing requirements, disclosures, valuations, exemptions and property
forfeiture. Trustees also may file motions to object, including opposition to discharge. The presumption is in
favor of discharge.
| 11 U.S.C. §725: "After the commencement of a case under this chapter [7-liquidation], but before final
distribution of property of the estate under section 726 of this title, the trustee, after notice
and a hearing, shall dispose of any property in which an entity other than the estate has an interest, such
as a lien, and that has not been disposed of under another section of this title" |
NOTE: Spanish language forms and information may be obtained from a various websites, including the United
State Department of Justice, Administrative Office of the U.S. Courts, and other US Court sites. Regarding these
forms, the Colorado Bankruptcy Court advises "While we have no reason to believe that these Spanish language
forms or information have been translated inaccurately, only the English language forms are officially
prescribed by the Judicial Conference of the United States Courts. Accordingly, the Court for the District of
Colorado can not guarantee the accuracy or sufficiency of information contained in Spanish language forms or
informational documents." The Colorado Bankruptcy Court also maintains a pro bono program to assist qualified
debtors with adversary proceedings (not available to file petitions to initiate Ch. 7 or 13 cases).
Back to Colorado Bankruptcy Court definitions content page.
|
