Papillion Bankruptcy Lawyer

Bankruptcy law provides a pathway for those facing overwhelming debt to regain financial stability. It allows individuals and businesses to restructure or eliminate debts under federal legal protections. Navigating the bankruptcy process can feel complex, but having knowledgeable guidance makes the path clearer. 

Lentz Law, PC, LLO works closely with clients to assess their financial situations and explain available options. Our bankruptcy attorney helps clients understand the steps, requirements, and outcomes of filing for bankruptcy, helping restore control over their financial future.

We offer bankruptcy and debt settlement solutions to residents in Papillion. To schedule a free consultation with us, call (402) 526-5540.

How We Can Help

Chapter 7 Bankruptcy 

Chapter 7 bankruptcy provides a powerful option for addressing overwhelming debt. It offers a way for individuals and businesses to discharge unsecured debts, such as credit card balances or medical bills, allowing for a fresh financial start. 

The process liquidates non-exempt assets to satisfy creditors, but many clients retain essential property through exemptions. We guide clients through eligibility determination, asset protection, and filings, ensuring every legal requirement is clearly understood. 

Chapter 13 Bankruptcy 

Chapter 13 bankruptcy allows debt reorganization through structured repayment plans that typically span three to five years. It benefits those with regular income who want to stop foreclosure, manage tax debts, or catch up on overdue payments. 

Chapter 13 helps clients retain assets they value while addressing financial obligations. Repayment plans are based on disposable income, debts, and other financial considerations. We help design feasible plans and represent clients throughout the process to protect their interests in court.

Chapter 11 Bankruptcy 

Chapter 11 bankruptcy serves businesses and some individuals with complex debt structures. It helps reorganize debts while maintaining operations. 

This approach ensures business continuity during restructuring and can provide a chance to emerge stronger financially. We offer guidance through the intricate procedures of Chapter 11, assisting with reorganization plans, creditor negotiations, and court presentations.

Chapter 12 Bankruptcy 

Chapter 12 bankruptcy is specifically for family farmers and fishermen who have stable incomes, but they are facing financial challenges. This bankruptcy option allows for repayment plans adapted to seasonal income fluctuations, making it unique among bankruptcy chapters. 

Chapter 12 aims to protect vital farming or fishing operations while reorganizing and managing debt. We offer assistance in creating viable plans and navigating the process to minimize disruption to livelihoods.