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How to Restore Your Credi…

How to Restore Your Credit After Bankruptcy

It’s natural to be stressed about your credit rating after bankruptcy. The good news is, your credit score can be repaired. Read More
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How to Avoid Financial Ha…

How to Avoid Financial Hardship

A 2012 study determined that approximately 52% of Americans are spending more than they earn. No real surprise there. Few of us have ever received any formal financial, or money management, education. So here’s a primer that hits the highlights. B… Read More
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Categories: Finances
Can I Sell Property Short…

Can I Sell Property Shortly Before Filing Bankruptcy? Yes, But...

The short answer?  Yes, you most certainly can. But, you need to keep some things in mind before selling any property within two years of filing bankruptcy. First, the sale itself: Sale for “Market Value”.  All property should be sold for “… Read More
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Categories: Bankruptcy

Top 5 Scams (And Why They Work)

I wouldn’t scoff too much the next time you hear about a scam victim. We are all susceptible. I am not referring to the request for help depositing a million dollars written in broken English. No, the really good scams are pulled off by sophis… Read More
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Categories: Uncategorized

What is a "Suggestion of Bankruptcy" and Why is it Important?

A suggestion of bankruptcy is a document filed in a Nebraska county or district court collection lawsuit. It provides notice to the court, the collection agency that filed the lawsuit, and the employers with wage garnishments, that the defendant has… Read More
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Categories: Uncategorized

Will Filing Bankruptcy Prevent Me From Getting A Student Loan?

With student tuition and fees steadily on the rise, more and more people are forced to obtain student loans to pay for their education. Gone are the days of students working their way through school. Now, for most people, student loans are a mainsta… Read More
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Categories: Uncategorized

Will My Income Tax Debt Be Erased In My Bankruptcy?

Paying taxes is often painful. But owing taxes that you’re unable to pay can be intolerable. Thankfully, income tax debt can often be erased in Chapter 7 and Chapter 13 bankruptcies. However, each of the following rules must be satisfied: The inco… Read More
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Categories: Uncategorized

Is There A Minimum Debt Requirement For Bankruptcy?

The short answer? No. There is neither a specific amount required by law, nor a definitive “rule of thumb.” Instead, there are several strong indicators that should be weighed and considered. Monthly Budget If you can afford to pay your ongoing… Read More
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Categories: Uncategorized

Bankruptcy...the Abraham Lincoln Way

Did you know that Abraham Lincoln filed bankruptcy? He was only 24 years old and not yet famous. He and a business partner bought a General Store in New Salem, Illinois, and filled it with merchandise that they bought from other stores on credit. The… Read More
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Categories: Uncategorized

The Waiting Game: When Can I File Bankruptcy Again?

There’s one thing you can count on – your life will be full of surprises! Unexpected events like a job loss or a serious medical issue can sometimes necessitate a repeat bankruptcy filing. If so, bankruptcy law dictates the waiting period before… Read More
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Categories: Uncategorized
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