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Denver Bankruptcy Lawyer, Colorado


Includes: Bankruptcy Litigation, Commercial Bankruptcy, Consumer Bankruptcy, Dissolution

John Loren Eckelberry Lawyer

John Loren Eckelberry

VERIFIED
Family Law, Bankruptcy, Divorce, Child Custody, Collection
Providing personal and financial fresh starts for almost 20 years!

John has been practicing law in Colorado since 1998. He is currently Special Counsel with Inman Flynn Biesterfield & Brentlinger, P.C., in charge of ... (more)

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Jeffrey L Hill Lawyer

Jeffrey L Hill

VERIFIED
Bankruptcy
Bankruptcy Attorney With Over 36 years of experience

Jeffrey Hill is a bankruptcy attorney with unique experience. He has been practicing law for more than 35 years. For 28 of those years, he also wor... (more)

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800-643-0360

Richard B. Rose

Animal Bite, Bankruptcy Litigation, Collection, Credit & Debt, Workout
Status:  In Good Standing           

Barry L. Wilkie

Bankruptcy, Corporate, Credit & Debt, Litigation
Status:  In Good Standing           
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Mark E. Henze

Bankruptcy, Estate Planning, Real Estate
Status:  In Good Standing           

Mindy Greenwald

Bankruptcy, Consumer Bankruptcy
Status:  In Good Standing           

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Zachary Steven Westerfield

Constitutional Law, Traffic, Bankruptcy, White Collar Crime, DUI-DWI
Status:  In Good Standing           

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Gary Gottesfeld

Adoption, Alimony & Spousal Support, Bankruptcy Litigation, Child Support, Farms
Status:  In Good Standing           

Marie E. Drake

Banking & Finance, Bankruptcy, Corporate, Credit & Debt, Estate Planning
Status:  In Good Standing           

Sharon W. Grossenbach

Bankruptcy, Consumer Bankruptcy
Status:  In Good Standing           

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Easily find Denver Bankruptcy Lawyers and Denver Bankruptcy Law Firms. For more attorneys, search all Bankruptcy & Debt areas including Collection, Credit & Debt, Reorganization and Workout attorneys.

LEGAL TERMS

LIABILITY

(1) The state of being liable--that is, legally responsible for an act or omission. Example:Peri hires Paul to fix a broken pipe in her bathroom, but the new pi... (more...)
(1) The state of being liable--that is, legally responsible for an act or omission. Example:Peri hires Paul to fix a broken pipe in her bathroom, but the new pipe bursts the day after Paul installs it, ruining the bathroom floor. This raises the issue of liability: Who is responsible for the damage? Peri claims that Paul is responsible, and sues him for the cost of hiring another plumber to fix the pipe and replacing the floor. Paul, in turn, claims that the pipe manufacturer is responsible, because they supplied him with faulty materials. Both Peri and Paul must prove their claims in court; if Paul and/or the manufacturer is found liable, one or both will have to pay damages to Peri. (2) Something for which a person is liable. For example, a debt is often called a liability.

DISCHARGEABLE DEBTS

Debts that can be erased by going through bankruptcy. Most debts incurred prior to declaring bankruptcy are dischargeable, including back rent, credit card bill... (more...)
Debts that can be erased by going through bankruptcy. Most debts incurred prior to declaring bankruptcy are dischargeable, including back rent, credit card bills and medical bills. Compare nondischargeable debts.

AUTOMATIC STAY

An injunction automatically issued by the bankruptcy court when a debtor files for bankruptcy. The automatic stay prohibits most creditor collection activities,... (more...)
An injunction automatically issued by the bankruptcy court when a debtor files for bankruptcy. The automatic stay prohibits most creditor collection activities, such as filing or continuing lawsuits, making written requests for payment, or notifying credit reporting bureaus of an unpaid debt.

S CORPORATION

A term that describes a profit-making corporation organized under state law whose shareholders have applied for and received subchapter S corporation status fro... (more...)
A term that describes a profit-making corporation organized under state law whose shareholders have applied for and received subchapter S corporation status from the Internal Revenue Service. Electing to do business as an S corporation lets shareholders enjoy limited liability status, as would be true of any corporation, but be taxed like a partnership or sole proprietor. That is, instead of being taxed as a separate entity (as would be the case with a regular or C corporation) an S corporation is a pass-through tax entity: income taxes are reported and paid by the shareholders, not the S corporation. To qualify as an S corporation a number of IRS rules must be met, such as a limit of 75 shareholders and citizenship requirements.

GUARANTOR

A person who makes a legally binding promise to either pay another person's debt or perform another person's duty if that person defaults or fails to perform. T... (more...)
A person who makes a legally binding promise to either pay another person's debt or perform another person's duty if that person defaults or fails to perform. The guarantor gives a 'guaranty,' which is an assurance that the debt or other obligation will be fulfilled.

TRADE NAME

The official name of a business, the one it uses on its letterhead and bank account when not dealing with consumers.

SETOFF

A claim made by someone who allegedly owes money, that the amount should be reduced because the other person owes him money. This is often raised in a countercl... (more...)
A claim made by someone who allegedly owes money, that the amount should be reduced because the other person owes him money. This is often raised in a counterclaim filed by a defendant in a lawsuit. Banks may try to exercise a setoff by taking money out of a deposit account to satisfy past due payments on a loan or credit card bill. Such an act is illegal under most circumstances.

PROCEEDS FOR DAMAGED EXEMPT PROPERTY

In a bankruptcy proceeding, money collected through insurance, arbitration, mediation, settlement or a lawsuit to pay for exempt property that's no longer exemp... (more...)
In a bankruptcy proceeding, money collected through insurance, arbitration, mediation, settlement or a lawsuit to pay for exempt property that's no longer exemptible because it has been damaged or destroyed.

COLLATERAL

Property that guarantees payment of a secured debt.

SAMPLE LEGAL CASES

BANKRUPTCY EST. OF MORRIS v. COPIC Ins. Co.

The following facts are undisputed. This case arises from an underlying medical malpractice action (underlying case) in which Jack Duksin sued Dan Morris, MD, asserting that Morris provided substandard care in reviewing Duksin's chest x-rays and in instructing him about ...

Palmer v. Diaz

... Palmer had filed for Chapter 13 bankruptcy protection in 1995 and received a discharge in 1998. As a result of the investigation, Palmer was indicted in federal district court on ninety-one felony counts of money laundering, bankruptcy fraud, and criminal forfeiture. ...

In re Marriage of Weis

... We issued a rule to show cause pursuant to CAR 21 to determine whether the trial court erred in imposing contempt sanctions against Melanie Bergeron, a chapter 13 bankruptcy debtor, for her failure to pay credit card debts that she jointly owed with her former spouse Craig ...