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A Chapter 7 personal bankruptcy filing is also known as liquidation bankruptcy. The "means test" determines if you qualify by looking at your income and debt. Although Chapter 7 bankruptcy discharges some of your debts, it doesn't eliminate all debt. Contact An Omaha attorney to determine if you are eligible for Chapter 7.
Prior to meeting with your chapter 7 personal bankruptcy attorney, get all your paperwork, assets, debts, loans, financial statements and other necessary documents in order. Once all the necessary paperwork has been gathered, meet with an An Omaha bankruptcy attorney to guide and advise you as to what best suits your particular situation.
In legal practice, experience matters. An experienced attorney will likely have handled issues similar to yours many, many times. Therefore, after listening to your situation, the attorney should have a reasonable idea of the time line for a case like yours and the likely resolution.
In general, how much an attorney costs will often depend on these four factors: billing method and pricing structure, type of legal work performed, law firm prestige, and attorney experience. Depending on the legal issue you are facing, an attorney may bill you by the hour, settle on a flat fee, or enter into a contingency fee agreement. The type of legal work you need help with will also play a role in cost incurred.