Category: Uncategorized
Requirements to File Chapter 7 Bankruptcy
To prevent abuse of bankruptcy protections, Nebraska has strict guidelines that determine when you can file a Chapter 7 bankruptcy. A person is not permitted...
Presumption of Abuse in a Nebraska Bankruptcy Case
When a Chapter 7 case is filed by an ineligible person, under bankruptcy terminology that person is said to have abused the Chapter 7 laws. ...
Qualifications for Filing a Chapter 7 Bankruptcy
Any person who resides in, does business in, or has property in the United States is permitted to file a Chapter 7 bankruptcy case—except a...
Repaying Dischargeable Debts
Although most people choose to list all of their dischargable debt in a bankruptcy filing, you are not obligated to do so. A person may...
Obligations to a Bankruptcy Trustee
The law requires the person filing to cooperate with the trustee in the administration of a Chapter 7 case, including the collection by the trustee...
Obtaining a Chapter 7 Discharge
A Chapter 7 discharge means that a person’s debt has been legally cleared and he or she does not have to repay creditors. A Chapter...
Nonexempt Property in a Chapter 7 Bankruptcy
In a Chapter 7 bankruptcy, the debtor’s property is classified as either exempt or nonexempt. The classification of property determines if it can be liquidated...
Notification of Debt Discharge
Notification of debt discharge is the last step in the process of filing for bankruptcy. The person is usually notified of the discharge by mail....
Non-Dischargeable Debt in a Chapter 7 Bankruptcy
Unfortunately, bankruptcy doesn’t clear all types of debt. There are some types of debts that are by law, non-dischargeable in a Chapter 7 filing. Read...
Minimize Money or Property Loss in a Chapter 7 Bankruptcy
In a Chapter 7 case, the person filing is required to turn over to the trustee only the nonexempt money or property that he or...
Moving During a Chapter 7 Bankruptcy
Moving during bankruptcy is quite common. Some people are forced to move because they are facing foreclosure, while others voluntarily move to less expensive accommodations...
Losing Property in a Chapter 7 Bankruptcy
Chapter 7 bankruptcy, the most common type of bankruptcy filed in the state of Nebraska, is sometimes called a liquidation bankruptcy. A trustee collects property...