Figuring out when is the best time to file for Chapter 13 bankruptcy doesn’t have to be hard. In many situations, the person dealing with financial distress has been trying to figure out how to handle their debt for months or even years. The person is constantly juggling money, deadlines, and how they’re going to…

Congress passed a new law to increase the debt limit for Chapter 12 Bankruptcy, which will benefit financially distressed family farmers in Nebraska obtain bankruptcy relief. Under the new bankruptcy law that just went into effect, the Family Farmer Relief Act of 2019, the amount of debt a family farmer may have to qualify for…

If you are getting ready to file Chapter 7 or Chapter 13 bankruptcy, you have hopefully secured the advice of a Nebraska bankruptcy attorney – advice that should cover not only what to do before filing bankruptcy, but what NOT to do: Raiding retirement accounts.  You may be thinking of cashing out your retirement accounts…

If you are nearing the age of retirement – or have significant assets stashed away in retirement accounts for when that day finally arrives — how would filing a Chapter 7 or Chapter 13 bankruptcy affect your plans for retirement? The good news is, if you have money in an ERISA-qualified pension plan like a…

Perhaps the greatest source of relief for distressed debtors who file bankruptcy is what is known as the automatic stay.  As soon as your bankruptcy attorney files your petition, the automatic stay goes into effect – meaning that creditors must stop all their collection efforts, including phone calls, letters, lawsuits or anything else they are…

Even if you think you’ve covered all the bases when it comes to your estate planning, if you haven’t prepared your children for the inheritance they will receive one day, you still have work to do. Parents can find many reasons for putting off this discussion because it can be uncomfortable.  You don’t want to…

We all know that, on average, women outlive men.  What we generally neglect to consider is that they also generally earn less than men and have to manage expenses longer due to their longer life expectancies.  Here are the top 10 estate planning rules for women: Make a will.  A will provides instruction on how…

If you can qualify, Chapter 7 bankruptcy may provide more advantages to you than Chapter 13 bankruptcy.  But everyone’s circumstances are different, so you will need to know the advantages and disadvantages to Chapter 7 bankruptcy to determine if it is the best solution for you. The key advantage of a Chapter 7 bankruptcy is…

There are many misconceptions about the bankruptcy process that can make you think it is not a viable option for you to get out of debt.  But in reality, there are several real benefits.  Perhaps the greatest source of relief for distressed debtors is what is known as the automatic stay.  As soon as your…

While filing for bankruptcy is not necessarily the answer for everyone, it can be a good vehicle for leaving financial worries behind.  Here are some scenarios where filing for Chapter 7 or Chapter 13 bankruptcy can make sense: Job Loss – Finding a new job may require many months of searching, and in that time,…