Nebraska Debt and Bankruptcy Blog

Nebraska Debt and Bankruptcy Blog

Category Archives: Chapter 7

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No Money Down Chapter 7

Posted in Chapter 7
It costs a lot of money to go broke, literally.  Chapter 7 fees vary from case to case, but the average case filed in Nebraska ranges from $1,200 to $1,500 depending on the complexity of the case Continue Reading

CHEAP CREDIT COUNSELING CERTIFICATES

Posted in Chapter 13, Chapter 7
As part of the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 (BAPCPA), Congress required that all persons take a credit counseling course before they are allowed to file a bankruptcy case, and another credit education course after the case is filed.  So, everyone filing bankruptcy these days must take Continue Reading

Are Tax Refunds Protected in Bankruptcy?

Posted in Chapter 7
It’s tax season again, and in the bankruptcy world that means only one thing–people are loosing their tax refunds to Chapter 7 Trustees again.   The sad part is that this should almost never happen.  This is the result of sloppy legal work.  Yet, year after year I witness helpless debtors lose Continue Reading

Why Debt Settlement Almost Never Works

Posted in Chapter 7
Hardly a day that goes by that I do not speak to a new client who says that they hired a debt settlement company to take care of their credit card debts but none of the debts were settled despite making all their payments and now they are being sued and Continue Reading