How We Help You
Bradley Bankruptcy Law Firm has assisted clients with debt problems for nearly 50 years. We have a friendly and knowledgeable staff to serve you. Your financial well-being is our No. 1 priority.
For this reason, we offer LOW RATES & LOCAL ATTORNEYS to get you on the right track to a brighter financial future. We meet with each client individually, we advocate for clients in court, offering effective representation to ensure the best results possible.
Chapter 7 – Liquidation
End Credit Card Debt
Credit card debt is dischargeable in bankruptcy. It is not a good idea to continue using your credit cards prior to filing bankruptcy or incur new charges. Creditors particularly look at debtors who have loaded up their credit cards with large charges for non-essential items. It is best that you avoid using your credit cards before your case is filed.
Discharge Your Medical Bills
Medical bills are dischargeable in bankruptcy. Only bills that existed before the date of filing for bankruptcy are dischargeable. That is why it is important that insurance or some sort of government program, such as Medicaid covers future bills. You must list all creditors on your bankruptcy but after the case is filed you may pay any creditors you wish.
Stop Creditors Calls
One of the most common reasons clients come to us is because of harassing phone calls from creditors. Once you’ve paid your initial retainer to our office you may give our telephone number to any creditor who calls you (as well as a sample letter). The creditor will stop calling you when they learn that our firm is representing you.
We will file your case electronically and obtain a case number. Then, we will issue an Stay Order which forbids creditors from calling you or making any collection attempts, including garnishments and foreclosures. Any further contact by the creditors must come through our firm. We STOP all calls and vigorously pursue violations of the Fair Debt Collection Act.
Chapter 13 – Beneficial Repayment Plans
When a property is foreclosed, the creditor may obtain a deficiency judgment against you, representing the amount not paid on the promissory note, including attorney fees in connection with the foreclosure. The deficiency judgment is dischargeable in bankruptcy. The creditor will tell the IRS that this deficiency judgment was income to you but we can STOP this IRS action with proper procedures. If you file for Chapter 13 to repay your 1st mortgage the unpaid loan amounts are spread out over the length of your Chapter 13 plan, usually 3 years. If you make all your payments under the Chapter 13 plan, you will be all caught up.
When a vehicle or other secured item is repossessed, the creditor may sell the item at auction and claim a deficiency representing the unpaid balance from the proceeds at the auction. This deficiency balance is dischargeable in bankruptcy. It may be possible to get the vehicle back if Chapter 13 is filed before the actual repossession an the vehicle is necessary for gainful employment.
In some cases, a second mortgage can be removed by filing a Chapter 13 bankruptcy if the value of your house is less than the amount owed on the second mortgage. If you are behind on your second mortgage and there is equity to support it, we can catch up on your payments for the first mortgage so the foreclosure cuts off the collateral of the second mortgage holder and they become unsecured creditors to be discharged in bankruptcy.
Manage Your Heavy Tax Burden
Taxes may be discharged in bankruptcy. Whether they are dischargeable or not depends on the information we discover when you produce your Account Transcripts from the IRS. These will tell us whether there is a tax lien, the year the taxes were due, and the date of assessment. An attorney from our firm will go over these requirements and obtain information from the taxing authority. We work alongside a local Pueblo tax attorney, J. David Hopkins, JD, LLM to work with the IRS on a way to erase or reduce this tax and the penalties both inside and outside a Chapter 13 bankruptcy.
Defer Student Loans
For the most part, student loans are not dischargeable. However, when you file bankruptcy, your student loan will go into deferment for the length of the bankruptcy. A Chapter 7 bankruptcy usually lasts for a few months, whereas with Chapter 13, the deferment period lasts about three years. While your student loans are not dischargeable your payments can be applied to offset expenses in a Chapter 13 plan. We will help you prepare your budget for these applications.
In rare cases, after a bankruptcy discharge, you can apply for a hardship discharge of student loans. This is a separate action in Federal Court and requires a separate fee agreement. These are rare, because the applicant must have a serious medical or physical problem that precludes any type of employment.
Learn More About Our Attorneys and Staff
Robert D. Bradley
Mr. Bradley has spoken at a number of seminars for bankruptcy attorneys. He has discussed all aspects of bankruptcy to various groups, including legal and bar members, high schools, and has appeared on both radio and TV to discuss bankruptcy. His credentials include:
- B.S. from Monmouth College (1963)
- Admitted to the Colorado Bar (1967)
- Senior Partner: Bradley, Cameron, & Schwartz Bankruptcy Attorneys (1980 – 1985)
- Senior Partner: Bradley & Burnett Bankruptcy Attorneys (1985 – 1991)
- J.D. from the University of Denver (1966)
- U.S. Air Force (1967 – 1969)
- U.S. Bankruptcy Trustee (1985 – 1994)
- Senior Member of Robert D. Bradley & Associates Bankruptcy Attorneys (1991 – Present)
J. David Hopkins, JD, LLM
Mr. Hopkins attended the University of Denver Sturm College of Law, where he served as Editor of the Denver Tax Law Journal, ranking member of the American Inns of Court, winning the AmJur awards in Taxation and Trial Advocacy. Mr. Hopkins graduated from law school in 1989, was admitted to the Colorado Supreme Court in 1990, then obtained an advanced law degree in taxation (L.L.M.) in 1991 at the University of Denver.
Mr. Hopkins is a member of the Tax Attorney Section of the Colorado Bar Association, the US Tax Court, US District Court, the 10th Circuit Court of Appeals and the El Paso County Bar Association. He is the founder and President of TaxHelp, Inc. and the Taxpayer’s Advocate.
Proudly Serving all of Southern Colorado
With 2 offices in Pueblo & Colorado Springs the Bradley Bankruptcy Debt Relief Law Firm helps debtors from all over Southern Colorado including these towns & Cities: Alamosa, Canon City, Colorado City, Colorado Springs, Cortez, Crested Butte, Del Norte, Dolores, Durango, Gunnison, Ignatio, La Veta, Mancos, Manitou Springs, Monte Vista, Montrose, Ouray, Pagosa Springs, Pueblo, Rico, Salida, South Fork, Telluride, Trinidad, Walsenburg, Bayfield, Cedaredge, Cortez, Crested Butte/Mt. Crested Butte, Delta, Montrose, Olathe, Silverton, Vallecito Lake,Boone, Rye, Avondale, Beulah Valley, Blende, Colorado City, Pueblo West, Salt Creek, Vineland, Cañon City, Florence, Brookside, Coal Creek, Cotopaxi, Hillside, Howard, Portland, Prospect Heights, Rockvale, Swissvale, Wellsville, Williamsburg, Penrose, Lincoln Park, Coaldale, Parkdale, Texas Creek, Wetmore, Westcliffe, Ula, Tanglewood Acres, Silver Cliff, San Isabel, Rosita, Querida, McKenzie Junction, Greenwood, Fairview, Colfax, Cold Springs, Eads, Haswell, Sheridan Lake, Brandon, Towner . . . & all rural and township areas of our beautiful state!
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