Chapter 13 Articles

The Chapter 13 Articles blog category is here to provide comprehensive insights into Chapter 13 bankruptcy specifically tailored for our Nebraska and Iowa audiences. Whether you’re considering filing for Chapter 13 or seeking a deeper understanding of its implications, our articles aim to be a good resource for reliable information.

How to Calculate Your Chapter 13 Bankruptcy Payment

How to Calculate Your Chapter 13 Bankruptcy Payment

Most chapter 13 debtors do not have to pay all of their debts in full through their bankruptcy. But each person’s situation is different. To determine how much you would have to pay depends on several factors, like the types of debts you have and how much money you make. The Minimum Amount Chapter 13…

Chapter 13 Bankruptcy: A Very Powerful Legal Tool

Chapter 13 Bankruptcy: A Very Powerful Legal Tool

Most people, including attorneys, do not fully grasp the power of a Chapter 13 bankruptcy.  It is quite amazing how so many problems can be handled with such bankruptcy. Nothing else even comes close; not a Chapter 7 bankruptcy nor a Chapter 11 proceeding. The reason a Chapter 13 bankruptcy is so powerful lies in…

What is the Foreclosure Process in Nebraska?

What is the Foreclosure Process in Nebraska?

For better or worse, Nebraska allows mortgage companies, banks, and other lien holders to foreclose on real property without a court proceeding. The authority that provides for non-judicial “mortgage” loans is found at Neb. Rev. St. § 76-1018 et seq. and is commonly referred to as the Nebraska Trust Deeds Act. This Act allows lenders…

How Can I Afford Bankruptcy if I’m Broke?

How Can I Afford Bankruptcy if I’m Broke?

Bankruptcy is affordable and offers lasting protection if carefully planned. It’s the classic Chicken and the Egg problem. I need to file for bankruptcy but I can’t afford to file. It’s just too expensive. I need a cheap and affordable option. Chapter 13 is sometimes the best choice Most people are familiar with the concept…

Business Bankruptcy Options in Omaha
|

Business Bankruptcy Options in Omaha

What is Business Bankruptcy? Business bankruptcy is a topic frequently misunderstood.  Sometimes, a corporate bankruptcy filing is what is meant.  In other words, the corporation itself files bankruptcy, not the individuals that own the corporation.  Corporations may generally file a Chapter 7 bankruptcy (to completely go out of business) or a Chapter 11 bankruptcy (to…

Divorce Property Settlement Wiped Out in Bankruptcy

Divorce Property Settlement Wiped Out in Bankruptcy

Schultz versus Schultz.  Mr. and Mrs. Shultz were going through a divorce in the District Court of Buffalo County, Nebraska.  On August 30, 2011, the court enters an order that provides: To equalize the division of the property of the parties and allocation of the indebtedness to be paid, the court finds that a judgment…