Omaha, Nebraska Bankruptcy Attorney

Omaha, Nebraska Bankruptcy Attorney, Ryan D. Caldwell of Caldwell Law, LLC

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Bankruptcy plays an important role in not only our national economy, but the economy of Omaha as well. Bankruptcy protects individuals who have been dealt unfortunate circumstances: health problems, employment issues, failed businesses, and innocent financial mistakes.

Bankruptcy is used to allow the unfortunate individual a chance at a fresh start by providing substantial debt relief. Without bankruptcy, individuals would forever be stuck in debt, unable to boost the economy by purchasing the latest gadget or car, paying for a health issue that they had no control over, or not taking the risk of opening a small business and employing other individuals.

Filing Bankruptcy May Not Necessarily Be The Last Choice

Many people put off consulting with an Omaha Bankruptcy Attorney until something catastrophic has occurred — garnished wages or bank account, repossessed car, or foreclosure of their house.

The truth is, consulting with an Omaha Bankruptcy Attorney before these catastrophes occur, possibly could help you not need to file bankruptcy or could put you in a situation where a preemptive bankruptcy filing would protect your property and assets and put you into a better financial standing then you currently are in.

What are Some of the Advantages of Filing Bankruptcy?

  • An immediate halt to creditor actions such as foreclosure, repossession, garnishment, filing lawsuits, and harassing phone calls.
  • Tax free discharge of most debt, like credit cards, medical bills, and unsecured loans.
  • Under certain circumstances it is possible to discharge some forms of tax debt, student loans, and second mortgages or home equity loans.
  • Protect assets like your home, retirement savings, and vehicles.
  • In one form of bankruptcy, you can repay late mortgage payments in a manageable payment plan without fear of foreclosure, change the interest rate you pay on some loans, and possibly change the amount of the loan.

Where can I learn more?

I encourage you to read more about filing bankruptcy by reviewing my website. It is packed with useful information that someone considering bankruptcy, or simply having financial issues, needs to know. You can also find out how much it costs to file bankruptcy in Omaha.

Want a quick rundown if bankruptcy is right for you? Try our FREE online Bankruptcy Analysis.

Lastly, you can schedule an appointment to meet with an Omaha Bankruptcy Attorney right from your computer.