Chapter 13 Bankruptcy
Grand Island Chapter 13 Bankruptcy Lawyer
Neuhaus Law Office | Chapter 13
If you are considering filing for bankruptcy, it is important to understand the differences between Chapter 13 and Chapter 7 bankruptcy.
Are you wondering if you qualify for Chapter 13 bankruptcy? Our experienced bankruptcy lawyer can help you learn more. Contact our office today for a free initial consultation.
Your Grand Island, Nebraska, Chapter 13 Bankruptcy Attorney
Gregg Neuhaus, founder of Neuhaus Law Office, has spent more than 30 years practicing law in Nebraska and helping residents of Grand Island and the surrounding areas make the crucial decision to file for bankruptcy.
While many individuals qualify to file for Chapter 7 bankruptcy, Chapter 13 bankruptcy has slightly different qualifications. It is important to recognize that Chapter 13 is not debt consolidation. Instead, it is a repayment plan designed to reorganize and eliminate your debt through bankruptcy, under the protection of the Bankruptcy Code.
How We Can Help You
During your bankruptcy consultation, Gregg Neuhaus can help you determine if you are qualified to file for Chapter 13 bankruptcy under the Bankruptcy Code. Together, you two will determine if:
- Your income is higher than the median income for your family size
- You have filed a Chapter 7 bankruptcy in the last eight years
- You have co-debtors on personal loans
- You have a substantial amount of non-dischargeable debt like unpaid child or spousal support and student loans
- You have high equity in your home and car
If any of the above circumstance relate to you, Chapter 13 might be your most beneficial bankruptcy option. During your consultation, you will also learn:
- How the means test works and how it can help determine your Chapter 13 eligibility
- How Chapter 13 bankruptcy works — what you need to provide; how to file; the process, timeline and associated fees
- About credit counseling and financial classes you may be required to participate in
- How to get a free credit report to check your credit
- What qualifies as exempt property and dischargeable debt in Nebraska and what you can expect to keep
- The truth behind bankruptcy myths like avoiding foreclosures and issues related to your credit
We invite you to contact us today to schedule a consultation with our skilled bankruptcy attorney. Together, you two will examine your assets and debts to identify if Chapter 13 bankruptcy is right for you.
Preparing for your bankruptcy consultation: When you arrive at Neuhaus Law Office for your bankruptcy consultation, be prepared to discuss your current debts and assets and if your creditors are threatening to garnish your wages and/or repossess your property. If your creditors have already started collection activity, you can bring the following to your initial consultation to expedite the bankruptcy process: six months of pay stubs, tax returns from four years previous to the current date, and documented complaints or judgments that have been filed and a legal description of your real estate.
Contact Neuhaus Law Office Today
Are you considering filing for Chapter 13 bankruptcy in Nebraska and want to learn more? Call Neuhaus Law Office today at 308-385-0654, or contact us online. Our skilled bankruptcy lawyer represents clients in Grand Island, Nebraska, and the surrounding areas. Schedule a free initial consultation during our office hours: 9 a.m. to 5 p.m., Monday through Friday, and Monday evenings by appointment.
