Trust Michael D. Carper

Assisting People In Need Of Debt Relief

Serious financial problems may lead you to consider a bankruptcy filing in order to get out of debt. But what kind of bankruptcy is best for your situation? Working with an experienced Nebraska bankruptcy lawyer can help you decide what makes the most sense, not just for the present, but for the impact it can have on you down the road.

The Law Offices of Michael D. Carper will help you decide what type of bankruptcy filing is the right one for you. For many Kearney-area residents who feel buried under the weight of credit card debt or medical bills that won’t go away, Chapter 7 bankruptcy could be the answer.

What Does Chapter 7 Bankruptcy Mean For Me?

If you choose to file bankruptcy under Chapter 7 bankruptcy, also known as liquidation bankruptcy, your nonexempt assets may be sold to pay your creditors. Essential items, such as a vehicle or household goods, are usually exempt. The process can take a few months, after which your debts are cleared.

In order to qualify for Chapter 7 bankruptcy, there are certain requirements you must meet. The “means test” takes into account your income, family size and expenses. It then determines whether or not you have enough extra money to pay off your debts. The purpose is to create a blank slate for you moving forward. This happens by making as many payments as you can and eliminating the rest of your debt, afterward. Mike Carper can help you understand your situation and what is best for you.

Call Now For More Information

Contact The Law Offices of Michael D. Carper to set up a consultation about your case with an attorney. Complete and submit the online contact form, or call 308-236-2090 or 877-468-3519 to get started.

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