Working with a Chapter 7 lawyer is the ideal way to file bankruptcy in Nebraska. Read on to understand the basics of filing bankruptcy Chapter 7. Do you need a Chapter 7 lawyer? Before you hire the right lawyer, you’ll want to learn about filing bankruptcy in Chapter 7. This helps you make the most […]
Bankruptcy Consultation: How Does Bankruptcy Chapter 7 Work?
Visiting a lawyer for bankruptcy consultation is important when considering filing one. Read on to understand bankruptcy Chapter 7 and how it works. Are you scared, confused and uncertain about bankruptcy? Going to your first consultation can be nerve-wracking. You might feel judged or judge yourself harshly for being in the situation to begin with. […]
Auto Loans in Chapter 7 Bankruptcy Pt. II
In the last post, Auto Loans in Chapter 7 Bankruptcy Pt. I, we talked about redeeming your vehicle. Redeeming your vehicle is basically just paying the fair market value of your vehicle. However, we understand that even if your car is only worth $500, it could create a hardship to come up with the full fair […]
Auto Loans in Chapter 7 Bankruptcy Pt. I
To determine what will become of your vehicle in a Chapter 7 bankruptcy you must first determine the amount of equity in your car. Determine Your Equity For these purposes equity is defined as the value of a particular item, in this case your vehicle, after you subtract the amount owed on the item, such as your […]