Anderson, Creager, & Wittstruck PC

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Bankruptcy

Bankruptcy occurs when a person or an organization declares they are unable to pay their creditors. Creditors may file a bankruptcy petition against a debtor in order to recover a portion of money that they are owed. In many cases, however, bankruptcy is filed by the debtor. Bankruptcy allows debtors to be discharged from the legal obligation to pay most debts by submitting their non-exempt assest, if any, to the jurisdiction of the bankruptcy court for distribution between debtors’ creditors.

Anderson, Creager, & Wittstruck PC
1630 K St
Lincoln NE 68508-2658
Tel: 402 477-8800
Fax: 402 477-8868

Lincoln Nebraska Attorneys

ACW Law is a full-practice law firm that offers quality and highly personalized service in any legal situation.