September 25

Increasing home values leading borrowers to prioritize mortgage payments

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Ben Thompson

Managing Attorney at Thompson Law Office
Ben Thompson is licensed to practice law in California, Iowa, Minnesota and Nebraska. His law practice is at the intersection of the land, its stewardship, and justice.

Thompson Law Office is a Nebraska law firm with offices in Omaha and Chadron that provides its individual, non-profit, business and governmental clients with practical advice and passionate advocacy in a variety of legal matters. Learn more about our general law practice here.
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During a financial crunch, individuals and families have to make tough choices about how to allocate limited resources. During the Great Recession, when decreasing home values made home equity disappear, the choice often shifted to paying unsecured creditors, like credit cards, first. That trend appears to be reversing, with a greater emphasis on keeping up.

October 12

Happy Anniversary BAPCPA!

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Thompson Law Office

Thompson Law Office is a Nebraska law firm with offices in Omaha and Chadron that provides its individual, non-profit, business and governmental clients with practical advice and passionate advocacy in a variety of legal matters. Learn more about our general law practice here.
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There are very few anniversaries that I remember as vividly as the effective date of the Bankruptcy Reform Act of 2005. October 16, 2012 will mark 7 years since bankruptcy law changed. It was supposed to lead to a drastic reformation of the bankruptcy laws. The 30 days before the law changed is what I.

May 23

Is Bankruptcy An Option For Me?

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Thompson Law Office

Thompson Law Office is a Nebraska law firm with offices in Omaha and Chadron that provides its individual, non-profit, business and governmental clients with practical advice and passionate advocacy in a variety of legal matters. Learn more about our general law practice here.
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Believe it or not, there are telltale signs that a person is facing a probable bankruptcy filing. In most cases, bankruptcy will provide immediate relief if you find yourself in the following common situations: 1.) Your paycheck or bank accounts are being garnished; 2.) You receive harassing phone calls or letters from people you owe money.