Zogby is an independent, advertising-supported comparison service. We may receive compensation from the companies whose products appear on this site. This compensation may impact how, where, and in what order products appear. Zogby does not include every financial company or every product available in the marketplace.
Upsolve
4.9/5 Best Free ToolOur top-rated pick for reliability, customer service, and proven results.
Colorado provides a favorable bankruptcy environment with a $250,000 homestead exemption that protects substantial equity in a state where Denver metro home prices have surged over the past decade. All Colorado bankruptcy cases are filed in the single District of Colorado, headquartered in Denver. The state does not allow filers to use federal exemptions, but Colorado's own exemption system is among the most generous in the Mountain West. The Centennial State's above-average median income sets higher means test thresholds, and the IRS expense deductions for Front Range counties reflect the area's elevated cost of living.
We spent over 150 hours evaluating bankruptcy attorneys and legal resources serving Colorado. Upsolve is our #1 pick for qualifying Chapter 7 filers, providing a free tool that navigates Colorado's exemption system and means test calculations.
The best Bankruptcy Attorneys company in Colorado for 2026 is Upsolve, rated 4.9 with fees of Free (nonprofit) and a resolution timeline of 3-6 months. Other top-rated options include Stretto / Deborah Williamson (rated 4.8) and Lamoureux Law Firm (rated 4.7).
- Top Pick
- Upsolve
- Rating
- 4.9
- Avg. Fees
- Free (nonprofit)
Last updated
Key Takeaways: Business Debt Settlement in Colorado
CFPB Complaint Tracker
Source: CFPB Consumer Complaint Database. All financial complaints filed from CO in the past 12 months.
1
Rank 1: Upsolve
4.9
Start Free Filing
Rank 1: Upsolve
- Min. Debt
- No minimum
- Avg. Fees
- Free (nonprofit)
- Timeline
- 3-6 months
Upsolve is our #1 ranked bankruptcy resource for Colorado in 2026. Their free Chapter 7 filing tool handles Colorado's state exemption system, including the $250,000 homestead exemption and personal property protections. For Colorado residents along the Front Range who face high housing costs, stagnant wages in service industries, and medical debt from the state's expensive healthcare systems, Upsolve eliminates the attorney fee barrier while providing accurate guidance through the District of Colorado's requirements.
2
Rank 2: Stretto / Deborah Williamson
4.8
Get a Free Consultation
Rank 2: Stretto / Deborah Williamson
- Min. Debt
- $10,000
- Avg. Fees
- $1,500-$3,500
- Timeline
- 3-6 months
Stretto earns our #2 spot for Colorado with strong Chapter 7 expertise in the District of Colorado. For filers with complex asset situations — home equity approaching the $250,000 limit, investment properties, ski town vacation homes, and oil and gas industry retirement accounts — Stretto provides the strategic analysis needed to maximize asset protection under Colorado's exemption system.
3
Rank 3: Lamoureux Law Firm
4.7
Get a Free Consultation
Rank 3: Lamoureux Law Firm
- Min. Debt
- $15,000
- Avg. Fees
- $2,500-$5,000
- Timeline
- 3-5 years (Chapter 13 plan)
Lamoureux Law Firm rounds out our top 3 for Colorado with excellent Chapter 13 expertise. For Denver metro homeowners facing foreclosure, Colorado Springs families dealing with military-related financial disruptions, or mountain town workers with seasonal income, Chapter 13 provides structured relief. Lamoureux crafts confirmable plans that work within the District of Colorado's trustee expectations.
Minimum Debt Thresholds
Colorado Business Debt Settlement Compared
- Min. Debt
- No minimum
- Avg. Fees
- Free (nonprofit)
- Timeline
- 3-6 months
- Min. Debt
- $10,000
- Avg. Fees
- $1,500-$3,500
- Timeline
- 3-6 months
- Min. Debt
- $15,000
- Avg. Fees
- $2,500-$5,000
- Timeline
- 3-5 years (Chapter 13 plan)
Who Files for Bankruptcy in Colorado?
Colorado's bankruptcy filings reflect the state's economic diversity. Denver metro residents struggling with housing costs that have outpaced wage growth dominate the filings, followed by service industry workers in ski towns and tourist areas with seasonal income volatility. Oil and gas workers in the Western Slope and northeastern Colorado face boom-bust income cycles. Military families at Fort Carson, Peterson SFB, Buckley SFB, and the Air Force Academy deal with the financial pressures of Colorado Springs' rapid growth. Medical debt from UCHealth, SCL Health, and Centura Health facilities drives cases statewide, and Colorado's outdoor recreation culture creates debt from accidents and injuries requiring expensive mountain rescue and trauma care.
Alternatives to Bankruptcy in Colorado
- Debt Settlement: Colorado residents can negotiate settlements on unsecured debts. Colorado regulates debt management companies under the Colorado Uniform Consumer Credit Code.
- Credit Counseling: Money Management International and other NFCC member agencies serve Colorado residents with Debt Management Plans and financial counseling.
- Negotiate Directly: Colorado has a 6-year statute of limitations on most debts. Knowing this timeline can strengthen negotiating position with creditors on older obligations.
- Colorado Legal Services: Colorado Legal Services provides free bankruptcy assistance to qualifying low-income residents across the state, with offices in Denver, Colorado Springs, and rural communities.
Bankruptcy Attorneys in Colorado: The Complete 2026 Guide
Colorado's combination of rapid growth, rising housing costs, and economic diversity creates a unique bankruptcy landscape. This guide covers the essentials for Centennial State residents considering bankruptcy.
Colorado Bankruptcy Legal Landscape
All Colorado bankruptcy cases are filed in the United States Bankruptcy Court for the District of Colorado, located at the Byron White Federal Courthouse in Denver. The court also has a divisional office serving southern Colorado. Colorado is an opt-out state, meaning filers must use Colorado's state exemptions rather than the federal exemption system. The homestead exemption under C.R.S. § 38-41-201 protects up to $250,000 in home equity ($350,000 for elderly or disabled residents). Personal property exemptions include household goods up to $3,000, clothing up to $2,000, jewelry up to $2,500, one motor vehicle up to $15,000, and a general wildcard of $1,500. Colorado also fully exempts PERA (Public Employees' Retirement Association) benefits, FPPA (Fire and Police Pension Association) benefits, and all ERISA-qualified retirement accounts.
Colorado Bankruptcy Exemptions
The Means Test in Colorado
Denver Metro Housing and Bankruptcy
Medical Debt in Colorado
Military Families in Colorado
Seasonal Workers and Mountain Town Bankruptcy
Oil and Gas Worker Bankruptcy
Credit Recovery After Colorado Bankruptcy
Choosing Between Chapter 7 and Chapter 13 in Colorado
Colorado's generous homestead exemption makes Chapter 7 viable for most homeowners, but those with equity above $250,000 (or $350,000 if elderly/disabled) may need Chapter 13. The means test thresholds are higher than in most states due to Colorado's above-average income levels. For seasonal workers in ski resorts and tourism, timing the filing to capture off-season income in the 6-month lookback can improve Chapter 7 qualification.
Watch: How Debt Relief Works in Colorado
Video coming soon
Tore my ACL and fractured my tibia skiing at Loveland. Helicopter to St. Anthony, two surgeries, weeks of PT. Insurance covered some but I'm left with $61k. I make $48k working in Boulder. I rent in Arvada and have a 2020 Subaru with $10k in equity. Can Chapter 7 wipe this out?
Economic Snapshot
Source: Federal Reserve Economic Data (FRED). Indicators refresh daily.
Our editorial team spent over 150 hours evaluating bankruptcy attorneys and legal resources serving Colorado. We analyzed case outcomes in the District of Colorado, verified bar admissions, reviewed client testimonials, and assessed fee transparency.
Case Success Rate
30%We evaluated each firm's track record of successful bankruptcy filings, focusing on Chapter 7 discharge rates, Chapter 13 plan confirmation rates, and overall case completion percentages across federal bankruptcy courts.
Fee Transparency
25%We assessed whether firms clearly disclose attorney fees, court filing fees, credit counseling costs, and any additional charges before engagement. We penalized firms that obscure pricing or charge unnecessary add-on fees.
Client Reviews
25%We analyzed verified client reviews, Avvo ratings, state bar disciplinary records, BBB ratings, and overall satisfaction scores across multiple independent review platforms and legal directories.
Bankruptcy Expertise
20%We verified each firm's credentials including years of bankruptcy-specific practice, board certifications, case volume, familiarity with local bankruptcy court procedures, and experience with complex asset and debt structures.
How We Ranked Colorado Business Debt Settlement Companies
Frequently Asked Questions
Estimate Your Savings
Use our free calculators to estimate your potential savings and find the best path to financial relief.
More Business Debt Settlement Guides Near Colorado
Colorado Attorney General
April 3, 2026 (DENVER) – Attorney General Phil Weiser today joined a coalition of states and the District of Columbia in suing President Trump over his unlawful executive order that attempts to interfere with states’ constitutional authority to administer elections
Colorado Attorney General · Apr 3, 2026April 2, 2026 (DENVER) – Attorney General Phil Weiser released the following statement regarding today’s decision from the Colorado Court of Appeals in The People of the State of Colorado v. Tina Peters: “The original sentence that the court imposed
Colorado Attorney General · Apr 2, 2026March 31, 2026 (DENVER) – Attorney General Phil Weiser released the following statement regarding today’s U.S. Supreme Court decision in Chiles v. Salazar: “Today’s decision is a setback for Colorado’s efforts to protect children and families from harmful and discredited
Colorado Attorney General · Mar 31, 2026Important Bankruptcy Attorney Disclaimers
- Filing for bankruptcy is a serious legal decision that will remain on your credit report for 7 years (Chapter 13) or 10 years (Chapter 7). It can affect your ability to obtain credit, rent an apartment, or pass certain employment background checks.
- Not all debts can be discharged in bankruptcy. Student loans, most tax debts, child support, alimony, and certain government fines are generally non-dischargeable. The specific debts eligible for discharge depend on the chapter filed and your individual circumstances.
- Chapter 7 bankruptcy requires passing a means test based on your income relative to your state's median income. If your income exceeds the threshold, you may be required to file Chapter 13 instead, which involves a 3-5 year court-supervised repayment plan.
- Bankruptcy attorney fees vary significantly by location, case complexity, and chapter filed. Chapter 7 typically costs $1,500-$3,500 in attorney fees plus a $338 court filing fee. Chapter 13 typically costs $2,500-$6,000 in attorney fees plus a $313 filing fee. Fee waivers may be available for low-income filers.
- Filing for bankruptcy triggers an automatic stay that stops most collection activity, but certain actions (such as criminal proceedings, tax audits, and some evictions) may continue. The automatic stay can also be lifted by the court upon creditor motion.
- Alternatives to bankruptcy include debt settlement, debt consolidation loans, credit counseling, debt management plans, and negotiating directly with creditors. Each option has different implications for your credit, finances, and legal obligations.
- Zogby does not provide legal services. We are an independent comparison service that connects consumers with bankruptcy attorneys. We may receive compensation from featured firms, which may influence rankings and placement.
The information provided on this page is for general informational and educational purposes only. It is not intended as legal or financial advice. You should consult with a qualified bankruptcy attorney before making any decisions about filing for bankruptcy.
Editorial Independence
We make money from some companies on this page. That doesn't change our rankings -- the editorial team scores every product independently, and the business side has no say in what we recommend.