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Bankruptcy Homestead Exemption Updated in Nebraska

Nebraska Legislature Expands Protection of the Homestead but other bills fail to pass Previously, certain individuals could not protect the equity in their house if they encountered financial trouble in Nebraska.   (Please see my earlier bankruptcy exemption blog from January 23, 2013) In general, the old law allowed only the Head of the Household or individuals […]

Bankruptcy- Fact versus Fiction

Bankruptcy – Fact v. Fiction There are so many myths surrounding the bankruptcy process and many of these myths prevent people from considering filing for bankruptcy to relieve the financial stress.  Some common myths are discussed here. A medical bankruptcy. Fact and Fiction.  A “medical bankruptcy” is not an official bankruptcy term.  However, many bankruptcies […]

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