Blog

June 28, 2022

Injury and illness often happen without warning. From car accidents and work-related injuries to ongoing medical conditions, an unexpected life event can have a massive impact on your finances.

May 26, 2022

You’ve socked away money in a retirement account for the day when you are finally able to quit working, but suddenly you find yourself with overwhelming debts, perhaps from medical or other unforeseen expenses, and now bankruptcy looms. Will the money you’ve saved for your sunset years be seized to pay your creditors if you file bankruptcy?

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.