Local Couple Files for Chapter 13 Bankruptcy in Colorado
Denver, CO – August 23, 2025 – A recent filing in the U.S. Bankruptcy Court for the District of Colorado indicates that Martin Clinton Valdez and Maria Elena Valdez have initiated Chapter 13 bankruptcy proceedings. The case, identified as number 25-12871, was publicly published on August 23, 2025, by GovInfo.gov, the official online source for United States federal government information.
Chapter 13 bankruptcy, often referred to as a “wage earner’s plan,” is designed for individuals with regular income who can afford to repay some or all of their debts through a structured repayment plan over a period of three to five years. This type of bankruptcy typically allows filers to keep their homes, vehicles, and other assets, provided they can make the required payments.
While the specific details of the Valdez’s financial situation are not publicly disclosed in the initial notification, the filing suggests they are seeking to reorganize their debts and establish a manageable payment schedule. This process often involves the court appointing a trustee to oversee the repayment plan and distribute funds to creditors.
The filing serves as a public notice to creditors and other interested parties regarding the commencement of the bankruptcy case. Further proceedings will likely involve the court reviewing the Debtors’ financial information, including income, expenses, assets, and liabilities. The Valdez’s will then propose a Chapter 13 plan, which will be subject to court approval and creditor objections.
Individuals facing financial difficulties are encouraged to seek legal counsel from a qualified bankruptcy attorney to understand their options and the potential implications of filing for bankruptcy. The Chapter 13 process, while complex, offers a path for many to gain financial stability and a fresh start.
Further updates on the case of Martin Clinton Valdez and Maria Elena Valdez may be available through the official court records.
25-12871 – Martin Clinton Valdez and Maria Elena Valdez
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