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…

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,…

If bankruptcy was a physical illness, we would be able to feel its symptoms and know that something was wrong.  However, many people come to bankruptcy in a state of surprise – or denial – about how they got there, even if it was through no fault of their own.  In 2018, more than 755,000…

If
 you’re struggling financially,
 you
 may
 be
 wondering
 not 
only 
if 
filing
 bankruptcy
 is
 a 
good
 option 
for
 you
 and your 
family,
 but
 how
 you
 will
 know
 when 
the
 time is right 
to seriously
 consider 
it. The 
American 
Bankruptcy
 Institute 
has provided
 a 
useful 
bankruptcy 
checklist 
for
 consumers
 and
 recommends
 that 
if
 three or more
…