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John T. Turco & Associates PC, LLO

Omaha’s Premier Bankruptcy Law Firm

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  • Call us today for help! (402) 933-8600
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  • About
    • Meet Our Bankruptcy Lawyers
    • Client Reviews
  • Bankruptcy & Debt Relief
    • Chapter 7 Bankruptcy
    • Chapter 11 Bankruptcy
    • Chapter 13 Bankruptcy
    • Small Business Bankruptcy
    • Bankruptcy and Divorce
    • Car Loans, Repossessions, and Bankruptcy
    • Foreclosure Assistance
    • Medical Bankruptcies
    • Taxes & Bankruptcy
  • Bankruptcy 101
    • Understanding Bankruptcy
    • What Type of Bankruptcy Do I Qualify For?
    • How to File for Bankruptcy
    • Life After Bankruptcy
    • Debt Collection Practices
    • Credit Reporting Practices
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Home » Bankruptcy Law

Bankruptcy Law

Bankruptcy law provides protection to people who cannot pay off their debts so that those people can get back on track and make a fresh financial start. Bankruptcy cases generally fall under federal law and claims must be filed with the U.S. Bankruptcy Court.

The three most common types of bankruptcies are Chapter 7, Chapter 11, and Chapter 13.

Understand Your Options

One question many people have when they are first considering filing for bankruptcy is what type of bankruptcy do they qualify for. Many people are aware that there are two major types of bankruptcy for individuals, which have different characteristics and requirements. Our attorneys will help you understand your options:

  • Chapter 7 Debt Relief: This type of bankruptcy provides immediate cancellation of your eligible debts when the bankruptcy is approved. Many people qualify for Chapter 7.
  • Chapter 13 Reorganization: This type of bankruptcy allows you to partially repay your debts over the course of three to five years. This is a good approach for many people with regular sources of income.

Our experienced bankruptcy attorneys will carefully examine your eligibility and help you sort out the differences between these very different types of bankruptcy.

Helpful Bankruptcy Law Information

Different people file for bankruptcy for different reasons, and everyone has their own priorities when it comes to debt relief. We have experience with many different types of bankruptcy cases, and we are fully prepared to address any of the following issues and concerns:

  • Bankruptcy and divorce
  • Car loans and Repossessions
  • Foreclosure assistance
  • Medical debt relief
  • Taxes and bankruptcy
  • Small business bankruptcy
  • How to prepare for filing bankruptcy
  • Life after bankruptcy

While the internet is full of information, bankruptcy law is complicated and nothing can replace the advice an attorney will give in response to information about your individual circumstances. Don’t hesitate to contact us to talk to an experienced bankruptcy lawyer.

We can help. Contact us to speak to one of our experienced Omaha bankruptcy lawyers or to arrange a free initial consultation. If you live in Nebraska or Iowa and cannot come to our Omaha offices, we can consult with you by telephone.

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Bankruptcy 101

  • What Type of Bankruptcy is Best?
  • Chapter 7 Bankruptcy
  • Chapter 11 Bankruptcy
  • Chapter 13 Bankruptcy
  • Small Business Bankruptcy

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We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.


This site is not intended to constitute legal advice, nor does it create an attorney-client relationship. The materials on this site are not guaranteed to be complete or current, and they should not be relied on as a substitute for legal advice. This site conveys general information related to bankruptcy law in Omaha, Papillion, Bellevue, Gretna, Council Bluffs and surrounding communities. If you are contemplating or involved in any matter in which legal advice or other expert assistance is required, the services of a competent professional should be sought. The determination of the need for legal services and the choice of a lawyer are extremely important decisions and should not be based solely upon advertisements or self-proclaimed expertise. This disclosure is required by rule of the Supreme Court of Iowa. Memberships and offices in legal fraternities and legal societies, technical and professional licenses, and memberships in scientific, technical and professional associations and societies of law or field of practice does not mean that a lawyer is a specialist or expert in a field of law, nor does it mean that such lawyer is necessarily any more expert or competent than any other lawyer. All potential clients are urged to make their own independent investigation and evaluation of any lawyer being considered. This notice is required by rule of the Supreme Court of Iowa.

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