Nevada Bankruptcy

You have the power to get out of debt once and for all. Take the first step and talk to a local Nevada bankruptcy attorney today about your debt-relief options.

We can connect you to a Nevada bankruptcy lawyer in your area. Simply enter in your ZIP code below and fill out our free 2-minute bankruptcy form to get started.

Filing Chapter 7 Bankruptcy in Nevada

If you’re a Nevada resident considering filing Chapter 7 bankruptcy, you’ve come to the right place. Here at Chapter7.com, we offer you the basic information you need to learn about what to expect from your bankruptcy case.

Take the first step by talking to a bankruptcy lawyer. We can connect you with a Nevada bankruptcy lawyer who can help you get your Chapter 7 case on the right track. All you need to do is fill out the above free case evaluation form and we’ll put you in touch with a bankruptcy lawyer practicing in your area of Nevada.

Nevada’s Chapter 7 Exemptions

You may have heard Chapter 7 bankruptcy referred to as “liquidation”, which means non-exempt assets are converted to cash to repay your lenders. Nevada has a list of “bankruptcy exemptions”, which refer to your belongings that can’t be sold to raise money to pay your creditors.

When you file your Chapter 7 bankruptcy case in Nevada, you can expect the following to be protected by state law:

Homestead: A residence worth up to $550,000.

Wages: Up to 75 percent of wages earned in any given week.

Vehicle: One vehicle worth up to $15,000. However, if your car is worth more and you can pay your creditor the difference, you may be able to keep your car.

Personal Property:

• Up to $5,000 worth of books, art, musical instruments and jewelry.
• Up to $12,000 worth of household goods, furnishings, electronics, clothing, yard equipment and other personal effects.
• Up to $4,500 worth of farm trucks, farm stock, farm tools and equipment, farm supplies and seed.
• Up to $10,000 worth of trade tools needed to carry out your job.
• Up to $4,500 worth of a miner’s cabin dwelling, cars, implements and appliances.

Questions? Nevada Chapter 7 Bankruptcy Lawyer Can Provide Answers

Some of Nevada’s Chapter 7 exemptions are a bit tricky to understand. If you’re uncertain how to determine the value of your personal belongings or ready to get started on your Chapter 7 bankruptcy case, it’s time to contact a Nevada bankruptcy attorney.

Fill out the above free case evaluation form or call us at 877-226-6844 to be connected to a bankruptcy lawyer today. Don’t hesitate–get in touch with us today.

Note: Keep in mind all laws are complex. If you need legal advice or want to fully understand how these laws affect you, please speak with a local attorney.

Laws may have changed since our last update. For the latest information on your state’s bankruptcy laws, speak to a local bankruptcy lawyer.