File your Chapter 7 Bankruptcy for $0 Down. NO money out of your pocket!
- $0 Down
- Zero Stress
- Instant Debt Relief
- Wipe Out Credit Cards, Payday Loans, Medical Bills, Car Repossessions, and more!
- Stop Wage Garnishment
- Stop Creditor Phone Calls
- Fresh Start
Our Chapter 7 bankruptcy attorneys can give you the financial freedom you want without the headache.
When you’re at the end of your rope, you might wonder if Chapter 7 bankruptcy is best for you. Chapter 7 bankruptcy is a way to wipe out most of your debts and begin with a clean state. If you’re considering filing for bankruptcy, there are some things that you should know about how the process works.
Our Chapter 7 bankruptcy attorneys have years of experience helping thousands of deserving people just like you. We can help you harness Nevada’s bankruptcy laws to erase your debts and get the fresh start that you deserve.
How Our Chapter 7 Bankruptcy Attorneys in Las Vegas Can Help
If you’re having financial difficulties, how you structure your Chapter 7 bankruptcy proceeding can make a big difference in the results that you get from bankruptcy. There are assets that you may be able to keep during and after your bankruptcy proceeding. We understand this can be a troubling time, which is why we offer $0 down, No Money out of your pocket when you file for Chapter 7 bankruptcy with our team.
Also, if you make errors, the court may not approve your bankruptcy. Having our team of expert bankruptcy legal professionals on your side can help you ensure that you structure your bankruptcy in a way that’s advantageous to your personal interests.
What Is Chapter 7 Bankruptcy in Las Vegas?
A Chapter 7 bankruptcy proceeding is a legal proceeding that results in the discharge of certain debts. Qualifying debts are wiped clean. Your creditors can no longer try to collect on the debts. Essentially, you have a fresh start.
Filing for Chapter 7 bankruptcy means declaring your assets and debts to the court. It means stating that you’re unable to pay your obligations. The court looks at your financial situation and decides if they agree that you can’t pay your debts.
The court looks at the assets that you have, and the court determines what assets you get to keep. In the end, you get the fresh start that you deserve. You may get to keep some assets that are most important to you like your home or your car.
How Do I File for Bankruptcy in Las Vegas?
When you file for Chapter 7 bankruptcy, you stop creditors in their tracks. As soon as you file, creditors must stop collection attempts. That means no more garnishments, foreclosures or even pending lawsuits. You don’t have to worry about harassing letters or inconvenient phone calls.
As soon as you file, your debts become a part of the legal proceeding. The bankruptcy proceeding becomes the only place that your creditors can talk about your debts. You have peace of mind because your bankruptcy lawyers handle the processes on your behalf.
Nevada Bankruptcy Exemptions
In the State of Nevada, there are exemptions that you can claim in bankruptcy. Even if you have outstanding debts that you’re unable to pay, you can still keep certain assets. Perhaps the most important asset that you might qualify to keep is your home. You may keep your home up to a particular value. If your spouse also files for bankruptcy, the value of the home that you may keep stays the same. Nevada’s home exemption value is quite high compared to other jurisdictions.
To keep your home during bankruptcy, it’s critical to prepare a homestead declaration before you file. If you’re considering filing for bankruptcy, it’s essential that you understand how to preserve your home by filing the homestead declaration correctly. Our bankruptcy attorneys can help you go about making this declaration.
Another important exemption is your motor vehicle. Just like your home, you can exempt a vehicle from bankruptcy up to a certain value. There’s no value limit if you’re disabled and the vehicle is special equipment.
Other personal property may be exempted like your clothes, household appliances, and health aides. You may also exempt certain tax refunds and payments that you receive as restitution for a crime committed by someone else. Even personal injury payments can be an exemption to your bankruptcy.
When you work with our experienced legal professionals, we make sure that you understand each category of exemptions that may be available to you. We want to help you take full advantage of all of the exemptions that you may qualify for under the law. It’s important not to make assumptions about what you have to give up to file for a Chapter 7 bankruptcy. We can work with you, carefully and methodically, to help you use the bankruptcy laws to your advantage. You can begin again with the things that matter to you the most like your home, vehicle, personal items, and more.
Do I Qualify to File for Chapter 7 Bankruptcy?
Chapter 7 bankruptcy is a means-test bankruptcy. Your income must qualify you to file for bankruptcy. Our team can help you evaluate your income to determine if you are eligible to file for a Chapter 7 bankruptcy. If you don’t qualify, we can help you explore other types of bankruptcy proceedings that can help get you back on your feet.
How Do I File for Chapter 7 Bankruptcy?
The team at Half Price Lawyers will help you file for Chapter 7 bankruptcy by preparing the correct paperwork in the right court, as well as helping you provide notice to all of your creditors. There’s a lot of paperwork to complete, and we must be thorough during the process.
The court appoints a bankruptcy trustee. The trustee evaluates your assets and your debts. They sell your non-exempt assets and distribute the proceeds to creditors according to the rules. The trustee oversees the process. The court approves the bankruptcy and finalizes the discharge of your debts.
What Do You Need to Know About Filing for Bankruptcy in Las Vegas?
If you’re considering filing for bankruptcy, there are several ways that our bankruptcy lawyers can help. First, we examine your debts to see if a Chapter 7 filing is in your best interests. We help you determine if you qualify for a Chapter 7 case. If you decide to go forward, we handle all aspects of your filing on your behalf. We can help you structure your bankruptcy in a way that represents your best interests.
If you need a fresh financial start, we invite you to come meet with us. Let’s talk about whether a Chapter 7 bankruptcy can help you. There’s no cost to call, and we want to help you understand your rights. Call us today for an immediate consultation about your case. Let’s work together to get you on the road to a fresh start.