Nevada residents looking to file for Chapter 7 or Chapter 13 bankruptcy can get the assistance they need from Price Law Group. Living paycheck to paycheck and struggling to make ends meet is already stressful enough. Let us help you file for bankruptcy in Nevada and review your specific financial situation to determine the best course of action for your debt. Reach Price Law Group’s expert bankruptcy attorneys today by calling 866-210-1722.
Depending on your financial situation Chapter 7 or Chapter 13 bankruptcy may be the right solution to wiping away many of your outstanding debts. We will review your financial situation to determine which bankruptcy is right for you.
In Chapter 7 bankruptcy, which is sometimes referred to as “liquidation” or “straight bankruptcy” you can get immediate protection from your creditors and relief from your many outstanding debts. You can start fresh in your financial life right away but you must be eligible for Chapter 7 bankruptcy. One of the qualification for Chapter 7 is that you make less than the median income in your area.
In Chapter 13 bankruptcy, which is also sometimes referred to as “wage-earners bankruptcy”, you can wipe away many of your outstanding debts right away so you can stop living paycheck to paycheck. However, your unsecured debts are combined into one category with one payment, a payment that is based on your income less monies set aside for mandatory living expenses. You are then put on a payment schedule that typically spans from 3-5 years, allowing you to payback some of your debts overtime.
Work with Price Law Group today to start your Chapter 7 or Chapter 13 bankruptcy in Nevada. Our bankruptcy attorneys have many years of experience and can help you take control of your financial situation. Give us a call today for more information at 866-210-1722.