About one month after a bankruptcy case is filed the debtor must attend a court hearing and meet the bankruptcy trustee. Sometimes this hearing is called the “Meeting of Creditors” because creditors have the right to attend and ask questions, although they rarely do. Lawyers call this hearing the “341 Hearing” because is required under […]
Working with bill collectors can be challenging. They come in different flavors and styles—some low key and professional and others harsh and downright rude. A frequent complaint I hear is that they won’t take payments and demand the entire balance be paid at once or they will sue. The new model of bill collection firms […]
I’m seeing a lot of new lawsuits filed by the National Collegiate Student Loan Trust for unpaid private student loans. Check out our most recent post on how to respond to these lawsuits in Nebraska.
Believe it or not, a good bankruptcy attorney can show you how to avoid filing bankruptcy when you visit them before it is too late.
“Insurance is the business of collecting premiums.” Jorge was explaining to me why he needed to file bankruptcy. Lots of medical debts, about $50,000 in total. Most of it came from a heart attack he suffered a year ago. The odd thing was, he had health insurance through his employer but his claim was denied […]
We represent lots of small business owners in Nebraska bankruptcy cases. Starting a new business is an expensive learning experience. There is an old saying that it takes seven years to grow a business. If you can survive seven years with doing things wrong–seven years of correcting your assumptions of how the business should advertise, […]
A recent client asked the following question: “I am unable to make the payments on my credit card accounts due to my wife’s income dropping, and I am currently working with a debt relief company that negotiates with the credit card companies to reduce the amount I owe. Unfortunately, I am having a hard time […]