The very hot topic in Nebraska bankruptcy courts these days center around how courts apply changes to the homestead exemption law enacted in 2014.
The exemption protects up to $60,000 of equity in a debtor’s home, but the question is
When you get sued you hang your head. You feel like the battle is lost when the Sheriff delivers the court summons to your door.
But getting sued is not the end of the battle. No, getting sued may be
If you were sued on a debt you have 30 days from the date you are served the paperwork to file a written response with the Clerk of the Court.
Let’s review:
The second great power of Discovery is the Motion to Produce Documents.
When a bill collector sues for nonpayment of a debt, they also open themselves up to answer questions–finally!!–and to provide documents.
What type of documents? Well, any document
You were sued on a collection lawsuit and managed to file a written response with the Clerk of the Court within 30 days. Congratulations, you have stopped the entry of a default judgement.
But now what? What is your plan
If you bothered to file a written response to a lawsuit with the Clerk of the Court, what is the next step?
What happens after you respond to a lawsuit?
Discovery:
The next step in litigation is called “discovery.” It
I read this comment from another bankruptcy attorney today:
“Help me understand why the home value (Z)estimates from a company that lost nearly $1 billion of its own money by relying on those (Z)estimates to play in the house flipping
An email from a client (edited to preserve confidentiality):
“Good morning. On October 31, 2022, [my husband] had to have surgery to remove his gallbladder. The hospital is requiring payments of approximately $400 a month on the $5,049.97, a sum
The client runs a decent sized construction operation. Revenues in excess of a quarter million per year.
But he has no accounting system. He just takes his bank statements, receipts and chicken scratch notes to the tax man once a
There is a marriage penalty in bankruptcy law. Unmarried couples receive favored treatment, especially on the six-month income calculation called the Means Test.
A married debtor who lives with his or her spouse must list all gross income of their