Bankruptcy is a Federal Law
Filing bankruptcy can only be done in federal court, individual states are not authorized to enact their own bankruptcy laws. The laws are thus 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. Call us to find out how the exemptions in Colorado may affect you in a bankrutcy filing:





