Chapter 7 Articles

Business Bankruptcy Options in Omaha
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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…

A Zero Down Chapter 7 Bankruptcy is Unethical & Illegal
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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…

Tax Refunds and Bankruptcy: A Busy Time of the Year

Tax Refunds and Bankruptcy: A Busy Time of the Year

Now that the holidays are over there isn’t much to look forward to between now and the summer months.  Sure, there’s Valentine’s Day (welcome back, House of Cards), St. Patrick’s Day (green beer!), and don’t forget to mark your calendars for March 1st, National Pig Day. But don’t overlook the importance of TAX DAY! Yes,…