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Colorado Contractors Short on Cash: Trust Fund Debts and Bankruptcy Choices
A Colorado contractor's personal exposure in a cash crunch runs through two doors: draws spent on the wrong job, and payroll tax withheld but never sent to the IRS. We cover Colorado's trust fund statute, the Bullock intent standard, why the trust fund recovery penalty survives bankruptcy anyway, and how a workout, Chapter 7, and Subchapter V compare. Full analysis: https://co-legal.net/contractor-trust-fund-debt-bankruptcy-colorado/
The skinny
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