Anxiety is the worst. I have it. You have it. We all have it to some degree or another and none of us like it too much. Ok, so anxiety has its good quality: it is meant to keep you alive. That is a perk. Thank you, Anxiety. I appreciate that. But let's face it, for something that is supposed to have such a noble purpose it comes with …
Bankruptcy Morality, Ethics, & Philosophy
A Zero Down Chapter 7 Bankruptcy is Unethical & Illegal
Beware consumers! While the economy is in very tough shape and the need to financially protect yourself has never been greater, the truth remains that "Zero Down" Chapter 7 cases are unethical and illegal. While the vast majority of bankruptcy attorneys are ethical and follow the law, there are always exceptions and I just recently …
5 Signs for Knowing When Bankruptcy is the Right Option?
For starters, do we even need to mention that bankruptcy isn't for everyone? Let's get this out of the way first: Nobody wants to file bankruptcy if they don't have to. Quite the contrary is true based on my personal observation as a bankruptcy attorney in Omaha for the last 24 plus years. But, sometimes it is necessary to start …
If Bankruptcy is Necessary, Don’t Spend Retirement Funds First
It's a hard decision to make: Do I use my retirement funds and try to avoid bankruptcy, or do I just file bankruptcy to begin with? Author and financial commentator Jane Bryant Quinn addressed this issue with her article in The Daily Beast (a subsidiary of Newsweek magazine) on January 3, 2009. Quoting from Katie Porter, a law …
Beware of DIY or National Bankruptcy Offers on the Internet
Do it yourself bankruptcy companies sell your name and information to the highest bidder! I have been noticing recently that there are a bunch of new names on the Internet offering a lower cost or "cheap" bankruptcy filing alternative. One company pitches that you can get a bankruptcy filed with 3 Easy Steps. Oh, really? Your …
Dishonest Creditors and How They Ruin Lives
We all know this is happening. Dishonest creditors that prey on the general public. Bankruptcy is frequently the end result. Dishonest creditors are rampant. They have always been around, but now many are trying extra hard to make up for their "lost profits" due to the economy and will pull the most despicable tricks on good …
The Thought of Bankruptcy Makes Me Sick: Truth vs. Perception
The agony of contemplating bankruptcy Understandably, the thought of filing bankruptcy makes most people very uncomfortable and, for some, physically sick. Feelings of shame and complete failure are common. Depression and anxiety are in full swing in many cases. Even people that seem to have outwardly come to accept their need …
Bankruptcy Protected a Single Mom With Very Sick Child in Omaha
The following story is true. I met Julie (not her real name) about 15 years ago. Julie was about 37 years old and she had two children, the youngest of which was 5 years old....a little girl, named Lauren. Julie set an appointment to meet with me because she had numerous collection agencies calling her and was facing a few …
The Brighter Side of Bankruptcy
Life goes on after Bankruptcy Probably the most satisfying part of my job as an Omaha bankruptcy attorney is seeing the stress, anxiety and overall sense of gloom and doom lifted from my clients' lives. Yes, it really will be OK! How do I know? Because I have witnessed thousands of clients who have filed bankruptcy and I can …
Why Do People Need to File Bankruptcy? Perspectives From a Bankruptcy Lawyer
Why do people need to file bankruptcy and what causes it? Answer: Because we need to have a future and we are human. Bankruptcy is about letting bygones be bygones and cutting your losses in order to create a more stable foundation for the future. Whether unintentional or not, humans are not perfect and we make mistakes every …