Colorado Bankruptcy Law - Courts & Lawyers in Colorado

Beginners' Guide to Colorado bankruptcy law

Colorado allows federal exemptions to be used in addition to their state exemptions. These include:

Homestead - property up to $30,000 is exempt, trailer up to $3,500, mobile home up to $6,000

Personal property - Clothing to $1,500, food and fuel to $600, one burial plot per person, health aids, household goods up to $3,000, jewelry up to $1,000, motor vehicle for work up to $3,000, motor vehicles for the disabled up to $6,000, pictures and books up to $1,500, personal injury recoveries, security deposit

Insurance - disability benefits up to $200 per month or lump sum, life insurance

Miscellaneous - Property of business partnership

Pension - IRAs, veterans, teachers, firefighters, police officers, public employees

Public benefits - Aid to the disabled, unemployment compensation, crime victims' compensation, veterans' benefits, workers' compensation

Tools of trade - farm equipment up to $25,000, library of professional to $3,000, business materials to $10,000, livestock and poultry to $3,000

Wages - At least 75 percent of unpaid wages, pension payments

There is only one Colorado District Bankruptcy Court:

U.S. Bankruptcy Court for the District of Colorado
U.S. Custom House
721 19th Street
Denver, CO 80202-2508
(720) 904-7300

Contact certified bankruptcy lawyers through these firms:

Boulder

Balis & Barrett, PC
728 Pearl Street
Boulder, CO 80302
(303) 443-6924

Denver

Sherman & Howard
633 17th Street
Suite 3000
Denver, CO 80202
(303) 299-8454

Block Markus & Williams, LLC
1700 Lincoln Street
Suite 4000
Denver, CO 80203
(303) 830-0800