Tools of the Trade Exemption Revisited We have discussed the role of Nebraska exemptions before. A debtor uses exemptions in a Nebraska Bankruptcy to save certain property from being sold by the bankruptcy trustee. An exemption often used in Nebraska bankruptcy cases is the tools of the trade exemption. This exemption allows a debtor to […]

Remember playing the game “Monopoly” when you were young? Each player would try and bankrupt the others until one player was sitting with all of the cash and property. If you were the player landing on luxury tax and having to pay incredible rent to a player with a hotel on Boardwalk, you were the […]