Nebraska is the 16th biggest state in the USA, but we rank 43rd in population density. In fact, Nebraska has more cows than people by a ratio of 3 to 1.
Bankruptcy is a specialized area of laws these days, especially after enactment of the Bankruptcy Reform Act of 2005. Attorneys in sparsely populated areas
A few weeks ago I wrote an article to warn plaintiff attorneys to be careful to ensure that their clients who have previously filed bankruptcy to ensure that all claims they have against third parties are reported on the bankruptcy schedules. (Plaintiff’s Attorneys Beware: Your Client’s Bankruptcy Case is About to Sock You Right
As a general rule, you are not responsible for the debts of your spouse. Also, if you marry someone you do not become obligated to pay the debts they incurred prior to the marriage.
But there is one major exception to these rules. You are liable for medical debts of your spouse under a legal
The more I think about the disastrous consequences of two recent 8th Circuit Court of Appeals decisions regarding Judicial Estoppel the more alarmed I become.
This is a time bomb waiting to go off. The 8th Circuit has ruled that debtors who fail to amend bankruptcy schedules to report claims against third parties that occur
In two recent cases the 8th Circuit Court of Appeals has sustained summary judgments against debtors who failed to report claims against third parties that arose after the bankruptcy case was filed.
In the case of Jones v. Bob Evans Farms Inc., the debtor failed to disclose an employment discrimination claim that occurred 3
Working with clients who fall into debt traps has made me cautious about using credit cards. That’s an understatement. I’m paranoid when it comes to debt. I pay off all personal and business credit card debts in full and never carry a balance. In fact, I pay the accounts weekly so I don’t carry a
In re Barrett, ND California 2016, lawyer debtor
The United States Bankruptcy Court for the Northern District of California issued an interesting ruling that discharged over a quarter millions dollars of federal student loan debt for a 56-year-old securities law attorney (In re Barrett, Case No 14-43516).
Kevin Barrett is a single man
Senator Lyndia Brasch has sponsored a bill in the Nebraska legislature to increase the amount of personal property protected in Nebraska bankruptcy cases.
According to Brasch it is necessary to update Nebraska property exemptions to keep pace with the higher cost of living.
The statute governing exemptions has not been updated in 17 years. Mandating