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By: Samuel J. Turco Jr.

Nebraska Debt & Bankruptcy Blog

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Samuel J. Turco Jr.

Bankruptcy Exemption

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Filing Bankruptcy? Why you need to incorporate your business right now.

By Sam Turco on September 28, 2015
Posted in Business Bankruptcy, Chapter 7, Exempt Property

Going out of Business

I still remember being in the bankruptcy meeting room waiting for my client’s turn to see the Chapter 7 Trustee.  What I saw was a classic mistake made by young and inexperienced bankruptcy attorneys.

Trustee:  So how long have you owned the painting supply business?

Debtor: About 8 years.

Trustee: I see that you rent

…

About Us

Samuel Turco is a native Nebraskan whose wealth of knowledge and experience in bankruptcy law, along with a rich understanding of the issues faced by those in all corners of the state, has been instrumental in building a bankruptcy law practice adept in always seeing things from the client’s perspective.

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