Chapter 7 Bankruptcy Las Vegas

Chapter 7 Bankruptcy Las Vegas

Start your bankruptcy today for $0 down and a flexible payment plan.

 

Chapter 7 Las Vegas isn’t as easy as it once was; however, it’s still a very viable possibility.  No two bankruptcies are the same and if you are considering Chapter 7 Las Vegas you should speak with a lawyer that is well versed in this area.  That’s where we come in, we can help!   It’s not fun being so far in debt that you cannot see out.  And, we understand, things happen, people don’t get so far in debt always on purpose, loss of job, divorce and many other factors can contribute.  But, here you are, and you need help.  Chapter 7 Las Vegas is a viable option for many people, even after the 2005 law changes.  As a Bankruptcy Attorney Las Vegas, we can answer all your questions.

Chapter 7 Las Vegas allows you to keep various assets and sell off things that could repay the creditors.  You have exemptions which are your home, personal property up to a certain amount, vehicle and wages.  Be prepared to have your finances gone through extensively when looking into bankruptcy of any kind.  The trustee will want to know where your income is coming from and going to.

Chapter 7 Las Vegas Exemptions

All of the exemptions have a limit that we can discuss at your first consultation.  We will work with you in your Chapter 7 Las Vegas every step of the way.  We know this can be a bit scary for people but rest assured we do this day in and day out.   And, you aren’t the first or the last person that has to declare bankruptcy, there are many people declaring it every day.

Other assets that are saved in a Chapter 7 Las Vegas are tools of the trade, retirement accounts and certain wages.  Bankruptcy is designed to help one get out of debt and back to a functioning member of society.  It is not meant to leave a person without anything.  And, they don’t expect you to start over from scratch.  It is a tool to get back on your feet.  And, Chapter 7 Las Vegas is nothing to be ashamed of.

Call a Bankruptcy Attorney Today

If you are in over your head in debt and don’t know where to turn.  Give us a call.  We are happy to assist with any questions or concerns you might have.  All of this is completely confidential and we are happy to advise you on the best option that is right for you.  There are more than just Chapter 7 Las Vegas as an option, depending on how your finances are laid out.  Things that make a difference are if you own your home and don’t have a mortgage, the amount of cash you have on hand and how much debt you are actually in.  All of these are contributing factors to which type of bankruptcy will work for you.  This is why giving us a call or making an appointment is important.

Not all Debt is Dischargeable

Remember getting in debt is a lot easier than getting out of debt.  If you have found yourself looking at bankruptcy, you should look at how you handle your finances as well.  If you are granted a bankruptcy, you surely don’t want to have to do this again.  And, there are some debts that you can never get out of.  These are things such as child support, maintenance, criminal restitution, court-ordered fines, most matrimonial settlements, Alimony, and most student loans are some of the examples.

In 2005 the law became stricter on who could file chapter 7 Las Vegas.  Your income is an important factor in this.  We will be happy to discuss in your initial consultation if you qualify.  There are other options should you not qualify for Chapter 7, such as Chapter 13.  However, that’s why making an appointment and being educated on your personal situation is important.  Bankruptcy isn’t just filling out a bunch of forms.  There are rules to follow and understand.  This is why a Bankruptcy attorney is important to ensure your bankruptcy runs smoothly.