Recent Blog Posts
How Do I Come Up With a Repayment Plan in Chapter 13 Bankruptcy in Nevada?
If you’re considering personal bankruptcy in Nevada, Chapter 13 may be your best option. After all, under Chapter 13 you do not have to liquidate any of your assets like under Chapter 7. Instead, Chapter 13 bankruptcy requires you to propose a repayment plan. But how are you supposed to do this? How do… Read More »
I’m Being Threatened and Harassed by Debt Collectors in Las Vegas: What Can I Do?
Debt is bad enough, but harassment or threats from your creditors makes it even worse. Are debt collectors constantly calling or texting you, even at odd hours? Is there anything you can do? Can debt collectors contact your family or employer? Do you have any rights as a debtor in Nevada? These are all… Read More »
Should My Business File a Chapter 11 Bankruptcy in Nevada?
Each year, Nevada businesses of all types and sizes file for bankruptcy under Chapter 11. It has become an increasingly common option for Nevada business owners to consider, and for good reason. Chapter 11 allows businesses to reorganize and eliminate debt while continuing to operate. But how do you know whether it’s time to… Read More »
Credit Card and Loan Options After Bankruptcy in Las Vegas
For many people, their key concerns with bankruptcy are about what happens after the process is complete. Will they be approved for credit cards? How can they rebuild their credit score? How long does the process take? What happens if they need a loan for a vehicle or a home? These are all valid… Read More »
What Are Nevada’s Bankruptcy Laws?
If you’re thinking about filing for bankruptcy in Nevada, you may have heard that Federal law dictates the bankruptcy process. While it is true that the bankruptcy code itself is Federal law, certain state-specific laws in Nevada may apply to your bankruptcy case and, more importantly, could make the bankruptcy process much easier for… Read More »
How Long Does It Take to Recover From Bankruptcy in Las Vegas?
If you’re considering bankruptcy in Las Vegas, you might be thinking about how bankruptcy might affect your life after it’s over. When will you have the opportunity to turn a new leaf and truly start again? What are the lasting consequences of bankruptcy and when do they fade away? These are common questions you… Read More »
4 Types of Debt That Cannot Be Discharged in a Nevada Chapter 7 Bankruptcy
The reason people file for Chapter 7 bankruptcy is to obtain a discharge of their debts. A discharge eliminates the debtor’s legal obligation to repay a debt. But not all debts can be discharged. The Bankruptcy Code lists a number of “non-dischargeable debts” that remain enforceable even after an individual completes the Chapter 7… Read More »
What Property Can I Keep in a Nevada Chapter 7 Bankruptcy?
Contrary to what you might think, filing for bankruptcy does not mean losing everything you own. In fact, the purpose of bankruptcy is to ensure that people are not left without means of supporting themselves while they work to rebuild their finances and eliminate debt. For that reason, someone who files for Chapter 7… Read More »
How Does the Automatic Stay Work in a Nevada Chapter 7 Bankruptcy?
If you are in debt to the point where your creditors are threatening legal action, or have already sued you, filing for Chapter 7 bankruptcy can provide you immediate relief in the form of an automatic stay. This is a key part of the bankruptcy process that helps protect you from ongoing creditor harassment… Read More »
Should I File for Chapter 7 or Chapter 13 Bankruptcy in Nevada?
If you are among the many Las Vegas residents struggling to keep up with your mounting debts, you may have thought about filing for bankruptcy. But where do you begin? Maybe you asked AI questions and are vaguely familiar with terms like “Chapter 7” or “Chapter 13,” but don’t truly understand what they mean…. Read More »