Neiman Law Office
Call Us at (402) 564-6290

Bankruptcy


Chapter 7:

This is straight bankruptcy - it generally will discharge all unsecured debts such as credit cards, medical bills, collections, signature loans, etc.  With respect to secured debts (house loan & car loans), if you want to keep the property, you usually can, however, you will have to continue to pay that creditor.

Upon filing a bankruptcy case, an order for the automatic stay goes into effect.  This order does many things, but of particular importance to someone who is filing for bankruptcy relief, this order does the following:

Prohibits creditors from contacting you by telephone, mail, or otherwise to demand repayment; taking any actions to collect money from you or try to obtain property from you, repossessing your property, starting or continuing lawsuits or foreclosures, and garnishing or deducting from your wages or bank accounts.

What you need to bring with you on your first appointment:
      •  Income for 2016 (can get it off of your tax returns)
      •  Income for 2017 (can get it off of your tax returns or your last paystub for 2017)
      •  Income so far for 2018 (can get it off of a recent paycheck stub)

      *  Copy of your 2017 tax return (or 2016 tax return if 2017 is not yet done)

      •  All paystubs from all sources received in the last 60 days

      •  Documentation for any lawsuits, garnishments, or judgements

      •  Bills from all creditors (including house loans & car loans), collection agents, collection          attorneys. If you do not have a bill, you will need:
            - 
Name and address of each creditor
            - 
Approximate amount owed to creditor
            - 
Account number if available


Chapter 13
:


This is debt reorganization. It will require you to pay a monthly payment to a Trustee for a period of 36-60 months through a wage withholding with your employer. At the end of all of the payments to the Trustee, you will be granted a discharge of the unsecured debts such as credit cards, medical bills, collections, signature loans (regardless of how much the creditor actually received from the Trustee). You can pay arrears on house payments through the plan and you can (and usually must) pay vehicle loans through the plan.

What you need to bring:
     •  Income for 2016 (can get it off of your tax returns)
      •  
Income for 2017 (can get it off of your tax returns or your last paycheck stub for 2017)
      •  
Income so far for 2018 (can get it off of your most recent paystub)

      *  Copy of your 2017 tax returns (or 2016 tax return if 2017 is not yet done)

      •  All paystubs from all sources received in the last 60 days

      •  Documentation for any lawsuits, garnishments, or judgments

      •  Bills from all creditors (including house loans & car loans), collection agents, collection          attorney. If you do not have a bill, you will need:
            - 
Name and address of each creditor
            - 
Approximate amount owed to each creditor
            - 
Account number if available

 

We are a debt relief agency.  We help people file for relief under the bankruptcy code.