Filing for Bankruptcy: How It Influences Joint Debts

Filing for bankruptcy can help you get out from under crushing debt, but it also comes with many questions. One big area of concern is how bankruptcy affects joint debts. When you share debts with someone else, these debts are treated differently in a bankruptcy case. Understanding these differences is key to making the right …

Understanding Automatic Stay in Bankruptcy: How It Protects from Creditors

Filing for bankruptcy is a big step that can give you relief from overwhelming debt. One of the most powerful protections in bankruptcy is the automatic stay. This legal tool stops creditors from pursuing collections as soon as you file for bankruptcy. It can provide a much-needed break from the constant pressure and give you …

Strategies for Managing Exempt and Non-Exempt Assets During Bankruptcy

Filing for bankruptcy can be a stressful experience, but understanding how to manage your assets can help ease the process. In Las Vegas, like the rest of Nevada, certain laws determine which of your assets are protected (exempt) and which may need to be sold off (non-exempt). Knowing the difference is crucial for your financial …

Chapter 13 Bankruptcy and Foreclosure Relief

Facing foreclosure can be a terrifying experience. The thought of losing your home adds immense stress to your financial troubles. Fortunately, there are legal ways to prevent this from happening, even if you’re dealing with significant debt. Chapter 13 bankruptcy offers a powerful tool that can help you keep your home while you work to …

Can You Get a Fresh Start with Chapter 7 Bankruptcy?

Life can throw unexpected financial challenges our way, leaving us buried under unmanageable debt. Whether it’s from medical bills, credit card debt, or loss of income, finding a way to start fresh becomes crucial. Chapter 7 bankruptcy offers a solution for those who need to wipe the slate clean and regain financial stability. Chapter 7 …

Following These Easy Steps to Understand Chapter 7 Bankruptcy

Filing for bankruptcy might feel overwhelming, especially when you don’t know where to start. Many people feel lost and unsure of their next steps. If that’s how you’re feeling, you’re not alone. Chapter 7 Bankruptcy could be a lifeline if you find yourself buried in debt and unable to meet your financial obligations. Chapter 7 …

Senator Proposes for Students Loans to be Discharged in Bankruptcy

It’s a debate that may not seem one-sided to someone swimming in $100K of student loans with no end in sight. Nevertheless, there are at least two sides to the argument. Is allowing former students the ability to discharge their debts by filing for bankruptcy the best way to handle the student loan debt issue? …

Student Loans, COVID, and Bankruptcy

Many a former students have wondered how to relieve their hankering debt worth tens or hundreds of thousands of dollars after receiving their education. Unlike other forms of debt, however, individuals have not been able to easily turn to bankruptcy for relief. Student loans are notoriously hard to have forgiven in bankruptcy court. Why can …

Surviving Bankruptcy: What Debts Get Erased Afterwards?

Filing for bankruptcy can be a stressful and confusing time. Sometimes, it’s the uncertainty of your future that creates the most anxiety. Knowing what to expect up front can truly help alleviate some of that mental burden. You may not have to turn over all of your assets to satisfy your debts. There are assets …