Most individuals who file for bankruptcy do so under Chapter 7 or Chapter 13 of the U.S. Bankruptcy Code. Chapter 7 bankruptcy discharges most debts after filers sell off certain assets and use the proceeds to repay their creditors. Chapter 13 bankruptcy wipes out most after debtors pay a controlled portion of what they owe over a period of three…
We are proud to announce the selection of Chuck Smith and Nicole Hughes, partners at Telpner Peterson Law Firm, LLP, to the 2021 Great Plains Super Lawyers list! Chuck has been selected to the Great Plains Super Lawyers list for 10 years! Super Lawyers, part of Thomson Reuters, is a rating service of outstanding lawyers from more than 70 practice…
If you’ve ever been in a car accident or played contact sports, you may already be familiar with whiplash. According to the Spine Research Institute of San Diego, there are over three million cases of whiplash in America every year, and hundreds of thousands of those result in some form of disability. Despite its prevalence, whiplash is still misunderstood in…
Filing for bankruptcy can provide you relief if you’re overwhelmed by debt, whether it resulted from a failed business, medical circumstances, or some other loss. When you decide to file for bankruptcy, however, you may wonder how it may affect individuals who had cosigned your loans with you. How does bankruptcy affect them, and what can you do to protect…
Summer is the season for taking long road trips or even short trips to the local lake, but with more people traveling to reach their destinations, roads can become more hazardous. The summer months of June, July, and August are known as the “100 Deadliest Days of Summer,” during which an average of 260 teen drivers are killed each month.…
We are excited to announce that John Flaten was recently approved as a participant of Iowa Title Guaranty (“ITG”). Mr. Flaten is now able to issue title opinions in conjunction with ITG. John works primarily in the areas of estate planning, probate, real estate and bankruptcy at Telpner Peterson Law Firm, LLP. Congratulations, John!
Filing Chapter 7 bankruptcy can help individuals who are struggling with debt and unable to pay their bills reset their finances and get a fresh start. Also called discharge bankruptcy, Chapter 7 bankruptcy enables debtors to clear some types of unsecured debt, such as personal loans, credit card debt, and medical bills. Many people who file for Chapter 7 bankruptcy…
In any car accident, the party at fault for the crash could and should be legally responsible for compensating the injured parties for their losses. Determining fault in a multiple-car accident can be complex and challenging. It usually involves determining which driver acted negligently. In pile-up car accidents, the at-fault driver’s negligent actions often result in multiple vehicles around them…
If you have been severely injured in an accident through no fault of your own, the at-fault party should be responsible for your medical bills. They won’t actually pay your doctors directly or reimburse you after every doctor’s appointment, however. A settlement from the other party’s insurance company could take some time to secure, depending on how long your medical…
When you’ve made the decision to file for bankruptcy to resolve your financial issues and give yourself a fresh start, you likely will have many questions about how bankruptcy will affect your life. One of the most important questions many people have when they file for bankruptcy is whether they’ll end up losing their home during the process. Whether a…