Have you looked at the regular expression API? That's usually your best bet for doing complex things with strings:
http://download.oracle.com/javase/6/docs/api/java/util/regex/Pattern.html
Along the lines of what you're looking to do, you can traverse the string against a pattern (in your case a single character) and match everything in the string up to but not including the next instance of the character as what is called a capture group.
It's been a while since I've written a regex, but if you were looking for the character A for instance, then I think you could use the regex A([^A]*)
and keep matching that string. The stuff in the parenthesis is a capturing group, which I reference below. To match it, you'd use the matcher method on pattern:
http://download.oracle.com/javase/6/docs/api/java/util/regex/Pattern.html#matcher%28java.lang.CharSequence%29
On the Matcher instance, you'd make sure that matches is true, and then keep calling find() and group(1) as needed, where group(1) would get you what is in between the parentheses. You could use a counter in your looping to make sure you get the n-1 instance of the letter.
Lastly, Pattern provides flags you can pass in to indicate things like case insensitivity, which you may need.
If I've made some mistakes here, then someone please correct me. Like I said, I don't write regexes every day, so I'm sure I'm a little bit off.