Chapter 7 Bankruptcy

File for Chapter 7 bankruptcy in Fort Collins or Loveland, CO

File for Chapter 7 bankruptcy in Fort Collins or Loveland, CO

Take On Your Debt Problem

If you're dealing with an insurmountable amount of debt, filing for Chapter 7 bankruptcy can help you get a fresh start. The Law Office of Chris D. Hefty in Fort Collins or Loveland, CO can help you through this complicated process. Attorney Hefty will help you determine what kind of bankruptcy to file for and how to protect your assets.

Email us today for more information on Chapter 7 bankruptcy.


Chapter 7 bankruptcy is known as the “fresh start” bankruptcy because it allows debtors to eliminate most if not all of their unsecured debt, including credit cards, medical bills, and payday loans, and can stop garnishments and foreclosures. In essence, it allows a debtor to get a fresh start and begin rebuilding credit immediately. In most cases you get to retain all of your assets.

Step 1: Consultation

  • Schedule your free initial consultation for over the phone, at the office or through Zoom
    • Be prepared to discuss your debts, assets and household gross income
    • We want to hear your story so we can tailor your case to your needs
    • If you are a good candidate for chapter 7 bankruptcy, you will be provided a bankruptcy checklist which will include a list of documents and records necessary to begin your bankruptcy filing.
  • The attorney will provide you with a fee agreement outlining the fees and costs to file your case. You can discuss a payment plan at that time.

Step 2: Document Gathering

  • You will begin the process of gathering the required information and ask any follow up questions.
    • You will meet with my office to obtain a credit report and register for the required bankruptcy counseling classes

 Step 3: Petition Preparation and Payment

  • Once all documents are received from you, and all legal fees are paid, you will meet with my office and we will begin working on your bankruptcy petition.
    • You will be notified if any additional information is needed and be asked for clarification if there are any questions related to the information provided.

Step 4: Sign Your Petition

  • We make sure everything is ready to be filed with the court
    • You will review the drafted petition and required court paperwork. You will advise of any changes.
    • Once the changes are made, your case will be filed. 

Step 5: Bankruptcy Meeting of Creditors

  • The court and my office will send you a notice of your meeting date. The meetings are currently being held by telephone conference.
  • Your court meeting will be in about 30-45 days after your case is filed.
  • You will need to provide your bank activity showing current balances and activity for the 30 days prior to filing. In addition, you will need to produce any pay advices received after your case file date.
  • The meeting will likely last 10 minutes or less, but you should plan for about an hour as there are other cases at the same time.

Step 6: Complete Financial Management Class and Wait

  • You are required to complete a second credit class called Financial Management. This class must be completed only after your court meeting. Our office will give you an internet link and deadline.
    • Debts will likely be discharged in about 60 days after the court meeting
  • The court will issue your discharge order
  • The bankruptcy trustee will issue a report to the court and the court will close your case.


You now have your fresh start!

The advantages of Chapter 7 bankruptcy

Many different factors can impact what kind of bankruptcy you file for. In Colorado, Chapter 7 can help you protect your assets while eliminating your debt. Chapter 7 bankruptcy:

  • Requires qualification based on income
  • Allows you to start fresh with no debt
  • Protects important assets like your home, car and pension

Filing for Chapter 7 bankruptcy will require a means test, but your attorney or lawyer can help you through this process. Contact attorney Hefty now if you think you qualify for Chapter 7 bankruptcy.