Chapter 7 Bankruptcy
Are you ready to obtain a better financial future? At Koenig|Dunne, we understand financial hardships are difficult on you and your family. We have more than 35 years of experience helping people find debt relief through bankruptcy. Our Nebraska bankruptcy attorneys can stop creditors from harassing you while you go through the process of discharging your debt.
Depending on your situation, you may need to file for Chapter 7 bankruptcy. A Chapter 7 bankruptcy can typically eliminate almost all of your debt, including:
- Credit card debt
- Medical debt
- Pay day loans
- Lines of credit
- Vehicle and mortgage loans
- Business debts
Some types of debt are not dischargeable. Bankruptcy does not eliminate alimony, child support, student loans, or most income tax debt. With a Chapter 7 bankruptcy filed, you can stop a wage garnishment and other collection efforts, including those daunting creditor phone calls.
A Chapter 7 is called a straight bankruptcy or liquidation. Many people fear that they will lose all of their property. However, in most Chapter 7 bankruptcy cases, the person filing is able to retain all of his or her property, including, but not limited to, family home, vehicles, furniture, and retirement accounts.
Our knowledgeable attorneys will construct a debt solution that is right for you. Contact our office to schedule a consultation to determine how to achieve a better financial future through a Chapter 7 bankruptcy.