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How does bankruptcy work in Las Vegas

How does bankruptcy work in Las Vegas? When your cash is running low on money, you may think there's no way up. Fortunately, you still have one option that could eliminate your debt and give you a fresh start: by declaring bankruptcy. You need to consult an attorney who can walk you through the process. You will likely require filing for Chapter 7. It makes up the vast majority of non-business bankruptcy cases. When you file Chapter 7, your debt's discharged, and you will not have to repay it. Of course, this doesn’t come without negatives. You will likely have to sell some of your assets to a court-appointed bankruptcy trustee. The money from these assets will cover the costs of the administrative fees and given to your creditors. Fortunately, you're still allowed to keep critical assets, including up to $16,500 equity in your home and $2,575 equity in your car. If you're filing as a married couple, these amounts will be double.

When I hear the question, “How does bankruptcy work in Las Vegas?” I know it’s from someone who is starting to get desperate. You are looking for a way to return your life to normal, but the debt collectors keep calling you at all hours, knocking on your doors, and generally being disruptive to your daily life. Creditors are predatory and will do everything in their power to make sure that you owe them as much money as possible. They've built their entire industry on keeping you in over your head forever.

Naturally, you will be left asking, "How does bankruptcy work in Las Vegas," when you are in such a financial crisis. If you find yourself falling deeper and deeper into the hole of debt, you need to team up with a professional. I work as an attorney serving Clark County. With the experience I have helping others get out of debt, you can trust that I am the right professional to help you through this process. I’ll make sure to inform you about the different types of bankruptcy and are making the right decision in the filing. It can change your life. You just want to be sure that filing for bankruptcy is going to do so for the better. Give me a call today so together we can go over your financial situation and draft a plan for your future. Being buried under a mountain of debt with no way to climb out is not the way to live your life. Everyone deserves a second chance. Contact me now to learn how this can affect you.

What is bankruptcy? https://www.investopedia.com/terms/b/bankruptcy.asp

  • How does bankruptcy work in Las Vegas? Find out by contacting me.