Colorado Bankruptcy Law

Considering filing bankruptcy in Colorado? You need to understand Colorado bankruptcy law and exemptions.

As on overview we have listed some of the main exemptions, links to the federal courts serving Colorado, and some filing statistics for Colorado.

Colorado Exemptions

Homestead:
same as homestead exemption (funds cannot be commingled)
Details:
Homestead sale proceeds (for 2 years)

Homestead:
$60,000 or $90,000 if occupied by an elderly (60+) or disabled debtor or spouse
Details:
Homestead, mobile home, or manufactured home occupied as home by owner

Motor Vehicle:
$10,000
Details:
One or more motor vehicles of disabled or elderly person or person with a disabled or elderly spouse or dependent (Elderly means 60 or older. See § 13-54-101(2.5) for definition of disabled)

Motor Vehicle:
$5,000
Details:
One or more motor vehicles or bicycles


This is just and overview and there is a detailed list of the Colorado Bankruptcy Exemptions.

Colorado Bankruptcy Courts

If you need more information about the Colorado Federal Bankruptcy Courts you can click on the link for your district.

  • Colorado District

    • Colorado Filing Statistics

    Here are the counties in Colorado with the highest amount of bankruptcy filings.

    Year - County
    Total
    Ch7
    Ch13
    2012 ARAPAHOE
    3996
    3207
    787
    2012 JEFFERSON
    3290
    2731
    559
    2012 ADAMS
    3255
    2581
    674
    2012 DENVER
    3139
    2601
    535

    You can see the information for all counties by visiting the Colorado Chapter 7 and Chapter 13 bankruptcy filings by county page.

    Here are the most recently available statistics for monthly bankruptcy filings in Colorado.

    Year - Month
    Total
    Ch7
    Ch13
    2013 6
    1826
    1554
    272
    2013 5
    2130
    1823
    307
    2013 4
    2253
    1937
    315
    2013 3
    2144
    1847
    296
    2013 2
    1495
    1264
    231
    2013 1
    1403
    1087
    316


    You can see more data by visiting the Colorado Personal Bankruptcy Filing Statistics page.

    If you have question about filing bankruptcy please visit our Frequently Asked Questions Page or schedule a free consultation with a local attorney.