Chapter 7 is known as “liquidation bankruptcy.” Debtors will give all of their non-exempt assets to the bankruptcy trustee and in exchange, all of their dischargeable debt is wiped away.

Rarely, though, do trustees find any assets. Our job is to help you keep your home, vehicles and other property and still help you discharge your debt.

A Chapter 7 case is quick. It can usually be opened and closed in about three and a half months.

The three costs for a Chapter 7 case are:

  • $1100 to $2000 Attorney Fee
  • $338 Filing Fee Paid to Court
  • $20 Prefiling Credit Counseling Class

Payment plans are available.

Most of the Chapter 7 cases filed in Colorado are “no-asset” cases. In other words, if the circumstances are right and your attorney is skilled with pre-filing asset planning, the trustee should only find exempt or valueless property in your estate. Your assets should be ignored and your debts will simply be discharged. In most cases, the debtor loses nothing.

There are several Chapter 7 cases in Boulder that are not filed with a Moorhead Law Group attorney where a mistake by an attorney or unrepresented debtor results in debtors losing their vehicles, bank accounts, wages, and homes. Mistakes can also lead to dismissal and denial of discharge.

We will help you know if you qualify to file Chapter 7. 

We are often able to help people file under Chapter 7 who think they don’t qualify.

In 2005 the federal law changed making it harder to file under Chapter 7. The main focus is your household income. If your income is higher than the median income in Colorado for your household size, you cannot file under Chapter 7.

The size of your household, the nature of your income and certain unique household expenses can be analyzed to help you qualify. Our experience with that analysis will raise the likelihood you can receive the quick discharge that comes in a Chapter 7 case.

A Boulder bankruptcy attorney will use years of experience with the law, local practice and individual trustees to maximize your discharge and protect your property.


David helped my brother resolve a case that was dragging on and on with a public defender within 10 days of me reaching out to him (and got a much better deal for my brother). Worth the money and is very nice to work with!

A. Penner, • 5 STARS ON GOOGLE

Mr. Moorhead is professional and intelligent. He is extremely good at navigating the legal system. I would highly recommend him to anyone in need of legal services.

Julie H., • 5 STARS ON YELP

David Moorhead was a miracle worker. We hired him to finish a case that kept going on and on for years by an overworked public defender. He got it done in days. Not only did he get it done in days, he went beyond what we hired him to do and got a way better agreement than we anticipated. I can’t recommend him enough.

S. Parker, • 5 STARS ON GOOGLE

David Moorhead exceeded my expectations. He was very knowledgeable and knew exactly how to manage my case and how to speak to the DA to get the outcome I desired. I was amazed at the outcome of my case. David made it quick, simple and painless. I would recommend him over and over again to anyone needing legal assistance.

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