E-Cigarette Explosion Lawsuits

As e-cigarettes, vape pens and similar products become more common, so do the injuries and damages caused by the lithium-ion batteries that power those devices.  Because this technology is relatively new, lawyers are working to develop the best strategies for litigating these cases. Because cases relating to lithium-ion battery explosions usually involve significant damage to…

Debt Settlement vs. Bankruptcy

Is it better to settle your debts or file bankruptcy?  As with most legal issues, that greatly depends on your specific circumstances but this article will address when debt settlement may be a viable alternative to bankruptcy. Some debts are much easier to settle than others.  For instance, credit card companies will usually settle for…

Reviving Judgments

Judgments issued by Colorado’s County Court’s are good for a period of six years.  Judgments issued by Colorado’s District Court’s are good for a period of 20 years.  In order for a judgment to continue past its expiration period, a judgment creditor must “revive” the judgment before the end of the six or 20 year…

What is Chapter 13 Bankruptcy?

A Chapter 13 bankruptcy requires a person to repay some of his or her debts (unlike a Chapter 7 liquidation).  Although there can be benefits to a Chapter 13, generally, people file Chapter 13 because they make too much money to file a Chapter 7 bankruptcy. In a Chapter 13, a debtor must pay some…

Colorado’s New Bankruptcy Exemptions

On July 1, 2015, amendments to Colorado’s bankruptcy exemptions will take effect.  The amendments will increase the amount of many of the exemptions for people seeking bankruptcy protection. This means that Chapter 7 debtors can protect more of their assets from liquidation and Chapter 13 can potentially pay less to their creditors. One of the…