Blog

April 15, 2022

Bankruptcy allows people to discharge their unsecured debts and obtain a fresh start in life. Though many people fear the mere mention of bankruptcy because they feel it means losing everything, that is rarely the case, especially in Nevada, where residents enjoy generous exemptions that protect assets and possessions from being sold to pay creditors.

March 2, 2022

As a result of the lockdown and business closedowns due to the COVID-19 pandemic, a lot of American households had serious financial difficulties. In fact, many individuals and families couldn’t continue paying their mortgages. In order to alleviate the economic impact of the COVID-19 pandemic, the federal government introduced mortgage forbearance relief for the affected homeowners.

Feb. 16, 2022

Unfortunately, many people experienced financial distress and health challenges as a result of the COVID-19 pandemic. As such, several individuals owing student loans were unable to keep repaying. To mitigate the effect, the federal government offered student loan forbearance relief – a temporary pause on a student loan – to those who were affected.

Jan. 27, 2022

Filing for bankruptcy is a promising option to help you achieve financial relief during times of financial distress. At the end of your bankruptcy case, the Nevada court will discharge all qualifying pre-petition debts, and you won't need to pay back such debts. However, some creditors may fail to respect your debt discharge order.

Dec. 11, 2021

Nov. 15, 2021

Believe it or not, there is life after bankruptcy. In fact, life after making the decision to file may be significantly less stressful than life was prior to filing. Rather than being stuck in place under a heavy load of debt, you can begin moving forward, facing a more positive financial future.

Oct. 29, 2021

Thousands of Nevada residents file for bankruptcy each year, seeking relief for both personal financial struggles as well as financial hardship associated with a business. In 2019, nearly 8,000 Nevada residents filed for bankruptcy.

Aug. 31, 2021

Bankruptcy is a path to financial relief that many people realize is best for their situation. In 2020, there were 910 Chapter 7 bankruptcy filings, 19 Chapter 11 bankruptcy filings, and 239 Chapter 13 bankruptcy filings in Reno, Nevada.

June 30, 2021

There are some signs that you might need to file for bankruptcy. Perhaps you are paying only the minimum on maxed-out credit cards or have fallen behind on your mortgage, car payment, or other loans. If you are overwhelmed, stressed by your financial situation, and are tired of being contacted by collection agencies, filing for bankruptcy might be the only way to find relief.