If your debt load has become unmanageable and you are considering filing for protection under the federal bankruptcy laws, you want an experienced lawyer who knows the law, who will help you understand your options, and who will give you an honest assessment of your likelihood of success.

At the Law Office of Bonnie Bell Bond, LLC, in Greenwood Village, we have over 22 years of experience representing clients throughout the Denver metro area and the Front Range. We will meet with you at a time that is convenient with your work schedule and will meet with you in your home, upon request.

We know that facing bankruptcy can be an intimidating and difficult decision. We will help you evaluate your options with care and respect. The bankruptcy laws are complex. As you consider your bankruptcy options, we are here to help you through your case with our expertise and careful attention to detail.

In a Chapter 7 bankruptcy, you are able to permanently discharge most debts in exchange for the liquidation or sale of property in order to obtain a fresh start. The discharge serves as a permanent injunction from the collection of debts incurred before bankruptcy. Not all debts are dischargeable, including certain types of tax debts, most student loans, government fines, child and spousal support, and debts incurred from criminal or fraudulent conduct. Most other debts, such as credit cards, medical bills, bank loans, court judgments, and deficiencies from mortgage or car loans can be discharged.

In a Chapter 7 case, a trustee is appointed to evaluate and liquidate the non-exempt assets in the case. A Chapter 7 debtor can keep "exempt" property.

The bankruptcy laws were changed in 2005, making it more difficult for higher-income consumer debtors to qualify for Chapter 7 bankruptcy. Individuals with consumer debts must now submit to a means test, which evaluates your ability to repay the debt, based on recent and projected income.

At the Law Office of Bonnie Bell Bond, LLC, we will help you determine whether you qualify to file under Chapter 7 and whether a Chapter 7 is your best option. We will also help you understand which debts may not be discharged, as well as which assets are exempt from liquidation.

Chapter 13 Bankruptcy
In a Chapter 13, a court approved plan is formulated through which a debtor repays creditors all or a portion of their debts over a period of 3 to 5 years. Debtors who are not eligible for Chapter 7 because they fail the means test can file a Chapter 13 case to address their obligations. A benefit of Chapter 13 is a debtor can keep his or her assets, including those which may not be exempt. Upon completion of the plan, the debtor will receive a discharge of debts.

A Chapter 13 can be utilized to help cure missed mortgage payments. If you face foreclosure and have missed a few payments, you can cure those back payments through a Chapter 13 plan, provided you have the means to make the current ongoing payments on the mortgage.

Chapter 13 can be advantageous in other circumstances as well. We will help you evaluate your options. If a Chapter 13 is selected, we will help you formulate a plan which fairly considers your income and debts.

Business Bankruptcy
Chapter 11 Bankruptcy
At the Law Offices of Bonnie Bell Bond, LLC, we have helped businesses restructure and reorganize their financial affairs for more than 22 years. Chapter 11 can be a very useful tool for a company which has difficulties meeting its cash flow or that has other debt concerns. A Chapter 11 bankruptcy filing puts an automatic stay in place, prohibiting creditors from taking any action to collect a debt until the bankruptcy proceeding is finalized or other court orders have been entered.

A Chapter 11 filing will allow you to reorganize and restructure your business debt. We help you to evaluate the prospects of your business. We will help you put together a plan of reorganization that will be approved by the court, so that you can continue business operations without the stress and anxiety of continual collection efforts.

Chapter 11 provides a company with a variety of tools to meet its financial issues. Chapter 11 can also be an effective tool to assist in the sale of your business as a going concern.

We Are a Debt Relief Agency - We Help People File for Bankruptcy Relief under the Bankruptcy Code