Caldwell Law, L.L.C.
5000 Central Park Drive, Suite 204
Lincoln, Nebraska 68504
T: (402) 957-2750
F: (402) 466-5933
Representing Clients from Omaha, Lincoln and Southeastern Nebraska in bankruptcy, appeals, family and domestic law, business formation, estate planning and probate.
Consider Caldwell Law for Compassionate Legal Care
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Disclaimers
1. We are a federal Debt Relief Agency. We proudly help people file for Bankruptcy under the U.S. Bankruptcy Code.
2. Nothing on this website can be construed as legal advice. The contents are nothing more than information. Each situation is unique and requires a competent attorney to review.
3. No attorney-client relationship exists until we both sign a document saying so.
Caldwell Law represents clients from the following counties and cities in Nebraska:
Adams (Hastings), Buffalo (Kearney), Butler (David City), Cass (Plattsmouth), Clay (Clay Center), Dodge (Fremont), Douglas (Elkhorn, Omaha, Ralston, Valley), Fillmore (Geneva), Franklin, Gage (Beatrice), Hall (Grand Island), Hamilton (Aurora), Jefferon (Fairbury), Johnson (Tecumseh), Kearney (Minden), Lancaster (Lincoln, Waverly), Merrick, Nemaha (Auburn), Nuckolls, Otoe (Nebraska City), Pawnee, Polk (Osceola, Stromsburg), Richardson (Falls City), Saline (Crete, Wilbur), Sarpy (Bellevue, Gretna, Papillion, Offutt Air Force Base), Saunders (Ashland, Wahoo), Seward, Thayer (Hebron), Washington (Blair, Fort Calhoun), Webster and York.
Chapter 7 Bankruptcy Liquidation
A Chapter 7 Bankruptcy provides debt relief to you by discharging (eliminating) 
most debts. In exchange for this debt relief, you may have to liquidate your assets (convert to cash) and any money recovered is then distributed evenly amongst your creditors. Not all assets are liquidated. Under Nebraska law, certain assets can be exempt from being liquidated. In Nebraska, your clothing, retirement accounts, household goods and residence are usually exempt. In addition, we may be able to exempt equity in cars you use for employment as well as cash. Our Nebraska Bankruptcy Lawyer will do a thorough analysis to determine whether your assets are exempt, advise you on what cannot be saved, if any, or whether a different type of bankruptcy is in your best interest.
most debts. In exchange for this debt relief, you may have to liquidate your assets (convert to cash) and any money recovered is then distributed evenly amongst your creditors. Not all assets are liquidated. Under Nebraska law, certain assets can be exempt from being liquidated. In Nebraska, your clothing, retirement accounts, household goods and residence are usually exempt. In addition, we may be able to exempt equity in cars you use for employment as well as cash. Our Nebraska Bankruptcy Lawyer will do a thorough analysis to determine whether your assets are exempt, advise you on what cannot be saved, if any, or whether a different type of bankruptcy is in your best interest.
New additions to the Bankruptcy Code in 2005, called the "Bankruptcy Abuse Prevention and Consumer Protection Act" or BAPCPA, tries to screen individuals out of qualifying for Chapter 7
Bankruptcy through what is called the "means test". This test basically states that if your income is above the average income for a household of your size, then you do not qualify for Chapter 7 and must file a Chapter 13 Reorganization Bankruptcy. Our Nebraska Bankruptcy Attorney at Caldwell Law will determine whether you qualify for Chapter 7 Bankruptcy or not and also determine whether your interests are better served with a different type of bankruptcy.
Contact Caldwell Lawfirm to seek freedom from debt's stranglehold and start you life back on track free of worry and stress.