Clark Dray
The Law Office of Clark Daniel Dray
Whether you’re planning for the future by preparing your will, trust, or power of attorney or looking for a fresh start with a chapter 7 bankruptcy, chapter 13 bankruptcy, tax debt installment agreement, or offer in compromise, Colorado bankruptcy, estate planning, and tax resolution lawyer Clark Dray will oversee your case from beginning to end.
The Law Office of Clark Daniel Dray sets itself apart from other firms by providing unprecedented access to your attorney. By working with a limited number of clients, The Law Office of Clark Daniel Dray can provide the personalized service and attention to detail that are essential to successful legal representation. We offer a free initial consultation, affordable rates, and payment plans to fit every budget.
To set up a free consultation in Broomfield, Boulder, Downtown Denver, the Denver Tech Center, Golden, Littleton, Louisville, or Lone Tree, just call us at 303-900-8598 and we'll work around your schedule.
The Law Office of Clark Daniel Dray is a debt relief agency and help people obtain financial relief by filing for personal bankruptcy under the Bankruptcy Code.
- The Ohio State University Michael E. Moritz College of Law
- J.D. (2009) | Law
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- Owner
- The Law Office of Clark Daniel Dray
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- 2016 Clients' Choice
- Avvo
- Colorado Consumer Bankruptcy Association
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- National Association of Consumer Bankruptcy Attorneys
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- Colorado
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- Free Consultation
- Bankruptcy
- Chapter 11 Bankruptcy, Chapter 13 Bankruptcy, Chapter 7 Bankruptcy, Debt Relief
- Estate Planning
- Guardianship & Conservatorship Estate Administration, Health Care Directives, Trusts, Wills
- English: Spoken, Written
- Q. My elderly parents have no property, but a lot of debt. If they file for bankruptcy can they keep their annuity payments
- A: This is going to depend on the nature of the annuity payments. If the annuity is a qualified retirement account, it's protected in bankruptcy. If it's some other form of financial product, the annuity might not be safe. Have your parents schedule a free consultation with a local bankruptcy attorney so they can get information based on the specific details of their situation.
- Q. With booming housing market, can I sell my house for over the homestead exemption?
- A: 1. Ask your lawyer. 2. If you don't have a lawyer and the Trustee's filed a report of no distribution, pay your court filing fee, file the Debtor Education Certificate, and wait for the case to close on its own. Because Trustees in CO don't routinely file motions to abandon themselves you can't sell the home until the case is closed as the home remains in the estate. If you file your own motion to abandon, you'll tip the trustee off that there may actually be non-exempt equity in the home. They may ignore it, or they may take a second look at your house.
- Q. Can personal bankruptcy eliminate the debt for a $20,000 judgement for a traffic crash while driving with no insurance?
- A: If you are involved in an auto accident and you don’t have insurance, your driver’s license can be suspended under Colorado’s Motor Vehicle Financial Responsibility Law. In order to have your license reinstated, you’ll need to obtain insurance and get into a payment plan for the damages caused in the accident. This can be tricky because you might owe a significant amount of money and the payment plan can be expensive. A bankruptcy can help you get your license reinstated right away. Generally, “no new license shall be issued to such person unless and until such judgment is satisfied or vacated or execution therein stayed and proof of financial responsibility given.” However, “[a] discharge in bankruptcy following the rendering of any such judgment shall relieve the judgment debtor from any of [these] requirements”. CO Rev Stat § 42-7-402 (2016). So, as long as the debt resulting from the accident is dischargeable (it wasn’t willful or malicious, you weren’t under the influence, you weren’t ordered to pay restitution, etc.), the bankruptcy eliminates the requirement that you pay off the debt. How quickly your license is reinstated will come down to the DMV clerk you’re working with. In a recent case we filed a chapter 7 bankruptcy for an individual on a Friday, and he had his license reinstated on the following Monday.
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