Experienced Bankruptcy Representation in
Nebraska & Iowa since 1982
No Pressure- Free Initial Consult
Professional attorneys providing debt solutions
Debt Relief: If you are experiencing financial hardships, sometimes bankruptcy is your best option. Our knowledgeable attorneys can help with relief from your debts. We offer a free financial analysis with an experienced and dedicated attorney that will listen to your unique situation and goals.
Reliable: At Hicks & Alhejaj, P.C., we have been providing clients throughout Nebraska with reliable bankruptcy advice since 1982. Our firm has helped thousands of individuals and businesses get a fresh start and find financial relief through the bankruptcy process. We welcome you to read some of the testimonials our clients have provided.
Professional: You can trust our lawyers to provide you with high-quality legal services. Our attorneys are members of their local bar associations and national bankruptcy groups and are committed to continuing their ongoing growth in the legal profession.
Creative Solutions: If you are suffering from mounting debt and financial stress, we can work towards finding solutions that can give you hope for a fresh start and a sound financial future. These include bankruptcy, debt negotiations and creditor work-outs.
“I’m sure you are aware that many people feel a sense of shame having to file bankruptcy. I never felt that way with your firm. Thank you for your professionalism and support during a very difficult decision.”
Filing Bankruptcy STOPS creditor harassment
The minute we file for bankruptcy on your behalf, all creditor harassment stops immediately. This includes stopping: foreclosures, repossessions, lawsuits, wage garnishments and harassing phone calls. This is called the “automatic stay”, and it may be effective throughout the entire bankruptcy proceeding.
What type of bankruptcy is RIGHT for you?
The type of bankruptcy you choose to file depends on your personal and financial situation. We can help you with filing the following types of bankruptcy
Chapter 7. Allows you to cancel many or all of your debts. You don’t automatically lose your home or car! In order to file for Chapter 7 bankruptcy, your income must be below the state median for your household according to the “Means Test” (hyperlink “means test” to the “what is the bankruptcy means test table below OR see below)
Chapter 13. A “reorganization bankruptcy” in which you develop a repayment plan that allows you to pay back your debts over a three- to five-year period. You don’t pay back all the creditors, but work on a plan that lets you get back on track. Chapter 13 can be used to save your home from foreclosure or you vehicle from repossession.
Our attorneys ensure that you meet all of the proper requirements and fill out all of the required forms in order to file for bankruptcy. We are there with you every step of the way.
Filing for bankruptcy in Nebraska & Iowa
Exemptions are laws that allow you to keep property free from creditor claims, which means you get to keep these things when you file for bankruptcy. Our attorney will work with you to protect your property while getting relief from your debts.
Some common exemptions include:
- Home Residence (known as your homestead)
- Motor vehicles
- Personal property
- Pension, retirement and life insurance benefits
What is the bankruptcy means test?
When declaring personal bankruptcy, you must determine if Chapter 7 or Chapter 13 is more appropriate for your situation. One way to do this is by taking the “means test”, which determines if your income is low enough to file for Chapter 7. If your income is higher than the state median for a household of your size, you must file for Chapter 13, and repay for a 5 year period. The median income is calculated by the US Trustee’s office and is typically adjusted for cost of living increases bi-annually.
Contact our bankruptcy law firm today!
For a FREE initial consultation with Hicks & Alhejaj, P.C., call 402-401-4916. We can also be contacted online. We serve clients in Lincoln, Omaha, Council Bluffs and other communities throughout Nebraska and Iowa.