Bankruptcy Overview
Are you finding yourself or your business short of money while your bills keep piling up? You are not alone. People and companies with debt have many options available, which include both bankruptcy and non-bankruptcy options. At Howard T. Duncan, Attorney at Law, our lawyers have more than 30 years of experience helping people in Nebraska and Iowa avoid foreclosures, rework their finances, stop creditor harassment and eliminate debt through bankruptcy.
Many people believe filing for bankruptcy is too expensive, and it causes them to lose their house or even irreparably destroys their credit. Our team of legal professionals will put these misconceptions to rest for you. Contact us by e-mail, call 402-216-0313 or toll free at 877-237-0128 for legal help that can restructure your loan payments and make creditors stop calling you. We will let you know if filing bankruptcy is your best option.
- Chapter 7 personal or business bankruptcy: Also known as "straight bankruptcy," this type of bankruptcy involves elimination of all of your dischargeable debts, including credit card and medical debt. Chapter 7 bankruptcy does not normally require that you sell any property or assets to pay your creditors. Our lawyers can explain what property is exempt, such as your home and certain personal belongings, and will work to stop creditors from taking the property you need.
- Chapter 11 business bankruptcy: Chapter 11 bankruptcy is also called "business reorganization." It involves setting up a debt repayment plan that will repay a percentage of the debts you owe to creditors over a specified length of time. We can help you retain important professional relationships by guiding your business through the bankruptcy process, helping you identify your company's nonprofitable assets, and by restructuring your loan payments.
- Chapter 13 bankruptcy: People who have sufficient income to pay back a portion of debt may find Chapter 13 bankruptcy to be the best option. Chapter 13 allows you to establish a debt repayment plan that releases you from a portion of your debt while allowing you to repay the remaining amounts owed over a three- to five-year period. Our attorneys can help you to catch up on payments on your house or car through our proven and court-supervised debt-management techniques.
- Foreclosure assistance: If you want to prevent a foreclosure, filing for bankruptcy may be an option for saving your home. At the Howard T. Duncan, Attorney at Law, our lawyers will provide you with the foreclosure assistance you require.
- Non-bankruptcy options: There may be situations in which your debt could be better managed by negotiation with your creditors. We will carefully review your individual situation in order to determine if you would be better served by non-bankruptcy debt options.
Omaha Chapter 7 and 13 Bankruptcy Attorney
For more general information regarding how bankruptcy can help you rebuild your financial future, we invite you to explore other pages of our website:
- Dischargeable versus nondischargeable debt
- Bankruptcy and divorce
- Credit after bankruptcy
- Income tax debt solutions
- Stopping creditor harassment
- Do I qualify for bankruptcy?
- What can I keep after bankruptcy?
- Why and when should I hire an attorney?
- Bankruptcy fees
Contact Us
If you have questions regarding how filing for bankruptcy can help your financial situation, contact Howard T. Duncan, Attorney at Law. We can be reached by phone at 402-216-0313, toll free at 877-237-0128 or online by completing the contact form on this website.
We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.
