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Bankruptcy is a Federal Law

Denver Bankruptcy Attorney

Filing bankruptcy can only be done in federal court, as individual states are not authorized to enact their own bankruptcy laws. The laws are thus kept uniform throughout the United States; with certain variations allowed to the individual states relating to what assets an individual debtor is allowed to keep (“exemptions”).

There are also variations from state to state with respect to the effect of bankruptcy, because the individual states have different laws respecting the nature and extent of a debtor’s property interests and other matters. If you are interested in finding out what type of exemptions are available in Colorado, be sure to schedule a free consultation with our Denver bankruptcy lawyers.

Be sure to contact us now at (303) 893-0833 to start discussing your financial circumstances.