Lead Counsel independently verifies Chapter 7 Bankruptcy attorneys in Omaha by conferring with Nebraska bar associations and conducting annual reviews to confirm that an attorney practices in their advertised practice areas and possesses a valid bar license for the appropriate jurisdictions.
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.
A reputable attorney will be very upfront about how he/she will charge you. The three most common fee structures that attorneys use to charge for their services are:
Depending on your specific legal situation, it’s possible that only one type of fee structure is available. For instance, criminal defense attorneys almost always bill by the hour. In a flat fee arrangement, an attorney accepts a one-time payment to help you resolve your issue. With a contingent fee agreement, the client pays little to nothing upfront and the attorney receives a percentage of the money recovered if you win your case.
Plaintiff – a person or party who brings a lawsuit against another person(s) or party/parties in a court of law. Private persons or parties can only file suit in civil court.
Judgment – A decision of the court. Also known as a decree or order. Judgments handed down by the court are usually binding on the parties before the court.