Las Vegas Bankruptcy Lawyer

Facing financial hardship is a daunting experience that can leave you feeling trapped. In Las Vegas, NV, the path to financial recovery often leads through the complex process of bankruptcy—a term that can bring both relief and confusion. At Resolve Law Group, our dedicated bankruptcy lawyers are committed to demystifying bankruptcy and guiding you towards a fresh start, empowered by knowledge and legal expertise.

If you are struggling financially and considering filing for bankruptcy, then contact a Las Vegas, NV bankruptcy lawyer as soon as possible. You may have heard many things about what bankruptcy entails, and not all of them may be true. It's important to consult with a legal professional before filing for bankruptcy so that you have a full understanding of what the pros and cons are, and how you can prepare your documents thoroughly. At Resolve Law Group, we have helped many people submit their bankruptcy filings in such a way that they feel informed and are ready to experience its benefits. If you have questions about bankruptcy, don't hesitate to conduct our team right away for further assistance.
bankruptcy lawyer Las Vegas, NV

Have Questions?

Our team is here to help with most legal issues that impact your life.

Bankruptcy Lawyers Can Help

Understanding Bankruptcy: The First Step Towards Relief
Bankruptcy is surrounded by myths and misconceptions. Many believe it's synonymous with losing everything, but that’s far from the truth. Designed to provide a second chance, bankruptcy laws allow for various forms of debt relief, tailored to individual situations. Whether it's liquidating assets under Chapter 7 or reorganizing debts in a Chapter 13 plan, the right bankruptcy chapter can offer a lifeline, preserving as much of your property as possible.

The Impact of Bankruptcy on Your Credit: A Fresh Start
A common concern about filing for bankruptcy in Las Vegas is its impact on credit scores. While a bankruptcy filing remains on your credit report for years, it also offers a clean slate to rebuild your financial standing. With strategic planning, you can gradually restore your credit, making future loans and credit cards not just accessible but also potentially more manageable.

People often assume that a bankruptcy filing means that they have to relinquish all of their property. There are many misconceptions about bankruptcy that the court will take all of what you own, but that is not necessarily true. There are bankruptcy chapters that allow you liquidate your assets to satisfy debts, however, that may not be required. Other chapters let you keep your property but you have to agree to a repayment plan instead. Our team can help you by letting you know what your options are and which chapters are going to be most suitable based on your situation. Don’t hesitate to call if you have questions that need answering.

How Bankruptcy Affects Credit

When people think about filing for bankruptcy, they may worry about their credit score and report. But as a Las Vegas bankruptcy lawyer explains, filing for bankruptcy does not mean your credit will never get better again. A bankruptcy filing will stay on your report for several years, but overall you are giving yourself a fresh start to begin again financially. Bankruptcy laws were established to help people. Some of the most common reasons that people need to file for bankruptcy are unemployment, divorce, medical bills, and business debts. When your bankruptcy case is done, it is possible to get approved for credit cards or loans, but you may have higher rates compared to others.

Which Debts May Be Eliminated

Debts Dischargeable Through Bankruptcy: Know Your Options
Understanding which debts can be discharged through bankruptcy is crucial. While Chapter 7 offers a way to eliminate unsecured debts, Chapter 13 involves repaying a portion of your debts with the remainder being discharged. However, obligations like child support, certain tax debts, and student loans typically survive bankruptcy. Identifying which debts can be eliminated is a critical step in planning your bankruptcy strategy.

There are many things to consider before filing for bankruptcy. While it shouldn’t be a choice that is done lightly, it shouldn’t be one that people are afraid of either. There are misconceptions that can hinder those in need from using this available resource. If you have questions about bankruptcy, a Las Vegas bankruptcy lawyer is ready to speak with you. Call us at Resolve Law Group today.

Guiding Through Bankruptcy Challenges

A Las Vegas, NV bankruptcy lawyer is a type of attorney who specializes in helping individuals, businesses, and organizations navigate the complex process of bankruptcy. Bankruptcy is a legal procedure that allows people or entities to seek relief from overwhelming debt and financial difficulties. Bankruptcy lawyers from Resolve Law Group play a crucial role in guiding their clients through this challenging and often emotionally charged process.

Expert Guidance Through Every Step

At Resolve Law Group, our bankruptcy lawyers specialize in providing personalized advice and representation to Las Vegas residents navigating bankruptcy. From assessing your financial situation to filing the necessary paperwork and negotiating with creditors, we offer comprehensive support. Our aim? To help you retain as much of your assets as possible while paving the way for your financial recovery.

Assessing Financial Situation

One of the primary responsibilities of a bankruptcy lawyer is to assess their client's financial situation and determine whether filing for bankruptcy is the right course of action. They evaluate the client's income, assets, liabilities, and debts to determine the best strategy for resolving their financial problems. This initial consultation is critical because it sets the foundation for the entire bankruptcy process.

Paperwork And Documentation

Once the decision to file for bankruptcy is made, the bankruptcy lawyer helps their client complete the necessary paperwork and documentation required by the bankruptcy court. This paperwork can be extensive and complex, and any errors or omissions could lead to delays or complications in the bankruptcy process. The lawyer's expertise in bankruptcy law ensures that all necessary documents are prepared accurately and submitted on time.

Skilled Negotiation

Bankruptcy lawyers are skilled negotiators who can work with creditors to reach favorable settlements or repayment plans on behalf of their clients. They can negotiate with creditors to reduce the total amount of debt owed, lower interest rates, or extend repayment periods. These negotiations are essential because they can help clients avoid the harsh consequences of bankruptcy, such as losing valuable assets.

Choosing the Right Bankruptcy Chapter for You

Selecting the most beneficial bankruptcy chapter is essential. Chapter 7 bankruptcy may be appropriate for those looking to discharge unsecured debts quickly, whereas Chapter 13 suits individuals aiming to keep their property and reorganize debts into a manageable repayment plan. Our Las Vegas bankruptcy lawyers will guide you through the advantages and challenges of each option, ensuring you make an informed decision.

In cases where bankruptcy is the only solution, a Las Vegas bankruptcy lawyer guides their clients through the specific type of bankruptcy that best suits their needs. The two most common types of bankruptcy for individuals are Chapter 7 and Chapter 13. Chapter 7 bankruptcy involves the liquidation of non-exempt assets to pay off creditors, while Chapter 13 bankruptcy creates a repayment plan over a specified period. The lawyer helps the client understand the advantages and disadvantages of each option and advises them on the most suitable choice.

Your Legal Advocate in Court

Bankruptcy proceedings can be overwhelming. As your advocates, we represent your interests in court, striving to make the process as smooth as possible. Our expertise allows us to navigate hearings, creditor meetings, and legal challenges efficiently, always with the goal of maximizing your exemptions and protecting your rights.

Emotional Support

Bankruptcy lawyers are not only legal advisors but also provide emotional support to their clients during this challenging time. Financial difficulties and the prospect of bankruptcy can be overwhelming, and a bankruptcy lawyer helps alleviate some of the stress by providing guidance and reassurance throughout the process.

A Las Vegas bankruptcy lawyer is a legal professional who specializes in helping individuals and organizations navigate the complex and often emotionally charged process of bankruptcy. Whether it's through settling debts or guiding clients through the bankruptcy process, bankruptcy lawyers play a crucial role in helping individuals and entities regain control of their financial lives. Their expertise and support are invaluable in assisting clients on the path to financial recovery.

Demystifying The Bankruptcy Process

If you are an individual who needs legal assistance with financial matters, look to a Las Vegas bankruptcy lawyer for specific information about your legal options. Our dedicated team of bankruptcy lawyers is here to guide you through the complex process of bankruptcy, ensuring you regain control of your financial future. If you're searching for a Las Vegas bankruptcy lawyer with the knowledge and experience to help you navigate these challenging times, look no further. We are here to assist you every step of the way.

Resolve Law Group: Las Vegas's Premier Bankruptcy Law Firm

Our commitment to providing exceptional legal services has made us a leading bankruptcy law firm in Las Vegas. Tailoring our approach to each client's unique needs, we specialize in both Chapter 7 liquidations and Chapter 13 reorganizations, among other debt relief solutions. Our goal is simple: to guide you towards a brighter financial future.

At Resolve Law Group, we take pride in our expertise in providing comprehensive bankruptcy and debt relief solutions tailored to the unique needs of Las Vegas residents. Understanding the challenges and stress associated with financial hardships, our dedicated team specializes in navigating the complex landscape of bankruptcy laws to offer personalized strategies aimed at achieving financial stability. Whether it's through Chapter 7 liquidation, Chapter 13 reorganization, or alternative debt relief options, our goal is to guide our clients towards a fresh start, free from the burden of overwhelming debt. With a deep commitment to compassionate legal counsel and a thorough understanding of Nevada's specific legal requirements, Resolve Law Group stands as a beacon of hope for individuals and businesses seeking to regain control of their financial future in Las Vegas.

What A Lawyer Can Do For You

Having a trusted Las Vegas bankruptcy lawyer at your side is highly valuable when you are trying to understand what to expect from bankruptcy. Our lawyers have a deep understanding of the bankruptcy laws and regulations in Nevada, and we are committed to helping you make the best decisions for your unique situation. Whether you are considering Chapter 7 bankruptcy to eliminate unsecured debts or Chapter 13 bankruptcy to restructure your debts into manageable payments, we have the expertise to guide you through the process.

One of the key advantages of working with a seasoned lawyer from our firm is our personalized approach. We take the time to thoroughly assess your financial situation, listen to your concerns, and develop a tailored strategy that suits your needs. Bankruptcy does not suit everyone’s needs, and it is not a single solution to each problem. Our goal is to provide you with the best possible outcome, whether it's a fresh start through Chapter 7 or a manageable repayment plan under Chapter 13.

Making the Right Choice: Why Resolve Law Group

Choosing to file for bankruptcy is a significant decision. With Resolve Law Group, you gain a partner committed to finding the best path forward for you. Our thorough understanding of Nevada's bankruptcy laws, combined with a compassionate approach, ensures you're not just another case number. We're here to help you reclaim control of your financial destiny.

With a lawyer to guide you throughout every phase of the bankruptcy process, you can expect much better results. We handle all aspects of your case, from preparing and filing the necessary paperwork to representing you in court if required. Our team is dedicated to ensuring that your rights are protected throughout the bankruptcy process, and we will work tirelessly to help you achieve a favorable resolution. If you're feeling overwhelmed by financial stress and are considering bankruptcy as a way to regain control of your life, don't hesitate to reach out to us. Our Las Vegas bankruptcy lawyers are here to provide you with the guidance and support you need during this difficult time. Contact us today for a confidential consultation, and let us help you take the first steps toward financial recovery.

Legal Help Is Available

Resolve Law Group is proud to offer expert bankruptcy lawyer services across the Las Vegas Valley, catering to a wide range of clients in need of professional legal assistance with their bankruptcy cases. Our services are tailored to meet the unique needs of individuals and businesses across various service areas within Las Vegas, including but not limited to:

Downtown Las Vegas: Serving the heart of the city, our legal team offers specialized guidance in navigating both Chapter 7 and Chapter 13 bankruptcy processes, helping clients in the downtown area to achieve financial relief and a fresh start.

Summerlin: Our services extend to residents and businesses in Summerlin, providing them with personalized debt relief solutions that protect their assets while addressing their specific financial challenges.

Henderson: In Henderson, we offer comprehensive bankruptcy and debt relief services, assisting clients with effective strategies to manage and eliminate their debts under Nevada law.

North Las Vegas: Catering to the diverse needs of North Las Vegas, our bankruptcy lawyers are committed to delivering expert legal counsel and support through every step of the bankruptcy process.

The Lakes: For clients in The Lakes community, Resolve Law Group offers dedicated legal assistance, ensuring that they navigate the bankruptcy process smoothly and efficiently, with a focus on achieving long-term financial stability.

Green Valley: Our services also cover Green Valley, where we help individuals and businesses explore their bankruptcy options, including the liquidation of assets under Chapter 7 or the reorganization of debts under Chapter 13.

At Resolve Law Group, we understand the complexities of Nevada's bankruptcy laws and are committed to providing our clients with the highest level of service, regardless of where they are located in the Las Vegas Valley. Our goal is to offer effective, compassionate legal counsel that empowers our clients to overcome their financial difficulties and move forward with confidence.

If you're in need of a lawyer who will provide you with expert legal guidance and a personalized approach to your bankruptcy case, we are here to help. With our extensive experience and commitment to client success, we are confident that we can assist you in achieving a fresh financial start. Don't let the burden of debt hold you back any longer. Your financial future is our priority, and we are here to support you every step of the way. To find meaningful solutions to your debt issues, reach out to an experienced Las Vegas bankruptcy lawyer from Resolve Law Group near you to get started.

Bankruptcy Infographic

Understanding Bankruptcy Law

When facing surmounting debts, bankruptcy may become the only way out and managing the legalities that surround bankruptcy law can be highly complex. At our firm, we believe in providing clear, comprehensive guidance to help you make informed decisions. Our team of dedicated Las Vegas bankruptcy lawyers is committed to offering personalized solutions tailored to your unique financial situation. Below, you'll find answers to some of the most frequently asked questions we encounter in our practice.

How Does Filing For Bankruptcy Help Me?

Filing for bankruptcy can offer a fresh financial start by discharging or reorganizing your debts. It can stop creditor harassment, prevent wage garnishment, and halt foreclosure or repossession actions. Our team will work with you to determine the best type of bankruptcy for your situation, ensuring that the process provides the relief you need.

What Are The Differences Between Chapter 7 And Chapter 13 Bankruptcy?

Chapter 7 bankruptcy, often called liquidation bankruptcy, is designed to discharge most of your unsecured debts like credit card debt and medical bills. It's typically a faster process but may involve the liquidation of non-exempt assets. Chapter 13 bankruptcy, on the other hand, focuses on reorganizing your debts into a manageable repayment plan over three to five years, ideally suited for individuals with a regular income. At our firm, we understand that you have financial goals and we want to help you understand each available option that aligns with your needs.

Can All Types Of Debt Be Discharged In Bankruptcy?

While bankruptcy can eliminate many types of debt, certain obligations like alimony, child support, certain tax debts, and student loans are generally not dischargeable. Our Las Vegas bankruptcy lawyers will review your debts in detail and provide clear advice on what can and cannot be eliminated through bankruptcy.

How Will Bankruptcy Affect My Credit Score?

Bankruptcy does impact your credit score, typically causing a temporary decline. However, the long-term effect is often positive, as it allows you to reduce your debt burden and start rebuilding your financial health. We guide our clients through strategies to rebuild credit post-bankruptcy effectively.

What Should I Expect During The Bankruptcy Process?

The bankruptcy process involves several steps, including credit counseling, filing a petition, and meeting with creditors. It can seem overwhelming, but our experienced team will be with you every step of the way, ensuring that you understand each stage and what's required of you.

Is Bankruptcy The Right Option For Me?

Deciding to file for bankruptcy is a significant decision and should be made after careful consideration and professional advice. We evaluate your financial situation, discuss the pros and cons, and consider alternative debt relief options. Our goal is to ensure that bankruptcy is indeed the most beneficial path for your specific circumstances.

Taking Legal Action

While bankruptcy can be difficult to face, it can be a turning point towards a more stable financial future. At Resolve Law Group, our goal is to help you face this complex process with confidence and clarity. Our Las Vegas bankruptcy lawyers are here to provide the support and legal acumen you need. If you're considering bankruptcy or have more questions about how it can affect your financial situation, don't hesitate to contact us. Let us help you take the first step towards financial freedom.

Las Vegas Bankruptcy Law Statistics

According to the American Bankruptcy Institute, more than 5,000 people file for Chapter 7 bankruptcy each year in Nevada. Another 1,200 residents file for Chapter 13. Unfortunately, these numbers keep increasing each year. If you are struggling with debt, contact a bankruptcy attorney to find out which option may be the best for your situation. Even if you are facing foreclosure or vehicle repossession, bankruptcy may be your best option.

Resolve Law Group - Las Vegas Bankruptcy Law Firm

6345 Balboa Blvd
Lake Balboa, CA 91406

Bankruptcy Law FAQs

What are the different types of bankruptcy filings available in Las Vegas, NV?

In Las Vegas, Nevada, individuals and businesses have several options for filing bankruptcy, primarily under Chapter 7, Chapter 11, and Chapter 13 of the Bankruptcy Code. Chapter 7, often referred to as liquidation bankruptcy, allows for the discharge of most debts while non-exempt assets are liquidated to repay creditors. Chapter 13, known as a wage earner's plan, enables individuals with regular income to develop a plan to repay all or part of their debts over a period of three to five years. Chapter 11, typically used by businesses and sometimes by individuals with significant debts and assets, involves reorganizing debts and creating a plan to repay creditors while keeping the business operational.

How does filing for bankruptcy in Las Vegas affect my credit score?

Filing for bankruptcy in Las Vegas will have a significant impact on your credit score, with the exact effect depending on your current credit status and the type of bankruptcy filed. A Chapter 7 bankruptcy can remain on your credit report for up to 10 years, while a Chapter 13 bankruptcy stays for up to 7 years. Although bankruptcy can lead to an initial decrease in your credit score, many individuals find that their scores begin to recover over time as they are relieved from their debt burden and can start rebuilding credit responsibly.

Can I keep my home and car if I file for bankruptcy in Las Vegas?

Whether you can retain your home and car through bankruptcy in Las Vegas depends on the type of bankruptcy filed and the specific circumstances of your case. Under Chapter 7, Nevada's exemption laws allow you to keep certain assets, including equity in your home and vehicle, up to a specific value. If the equity in your property exceeds these exemption limits, the assets might be sold to repay creditors. In Chapter 13 bankruptcy, you are more likely to keep your assets as long as you continue to make payments according to the reorganization plan.

What debts are not dischargeable through bankruptcy in Las Vegas?

Not all debts can be discharged through bankruptcy in Las Vegas. Non-dischargeable debts under federal law include, but are not limited to, child support and alimony obligations, certain taxes, debts for personal injury caused by driving under the influence of alcohol or drugs, student loans (except in very rare cases), and fines or penalties owed to government agencies. It's crucial to consult with a bankruptcy attorney to understand how your debts will be treated in a bankruptcy filing.

How long does the bankruptcy process take in Las Vegas, NV?

The duration of the bankruptcy process in Las Vegas, NV, varies depending on the type of bankruptcy filed. A Chapter 7 bankruptcy typically takes about 4 to 6 months from filing to discharge, provided there are no complications. Chapter 13 bankruptcy, which involves a repayment plan, usually takes between 3 to 5 years to complete as the debtor makes monthly payments to creditors. The timeline for a Chapter 11 bankruptcy can vary widely, often taking several months to several years, depending on the complexity of the case and the reorganization plan's negotiation and approval process.

Need Legal Help?

Get In Touch.
Whatever your legal issue, the best first step is to make sure you have reliable information and knowledgeable guidance.

We built Resolve Law Group–America’s Consumer Law Firm–to help ensure that people like you have access to the help they need, no matter where in the country they are.

To learn more about how we may be able to help, contact us right now. Fill out the contact form on the right, or call or email us today.
Our Attorneys
Thomas John Patti III
View Bio
Allen Jones III
View Bio
Richard Feinberg
View Bio
Matthew Felty
View Bio
Syed Hussain
View Bio
Susan Rotkis
View Bio
Stuart Price
View Bio
Sal Perez
View Bio
Rabin Pournazarian
View Bio
Michael Yancey
View Bio
Makoto Shuttleworth
View Bio
Tegan Rodkey
View Bio
Jenna Dakroub
View Bio
Dawn McCraw
View Bio
Candace Arroyo
View Bio
Steven A. Alpert
View Bio


Resolve Law Group is a dba of Price Law Group, APC. Resolve Law Group is a law firm. This site is ATTORNEY ADVERTISING.

WE ARE A DEBT RELIEF AGENCY. We help people file bankruptcy petitions to obtain relief under the bankruptcy code.

Resolve Law Group attorneys are licensed in Alabama, Arizona, California, Florida, Georgia, Indiana, Kansas, Michigan, Minnesota, Missouri, Montana, Nevada, New Jersey, New Mexico, New York, Pennsylvania, Oregon, South Carolina, Tennessee, Texas, Washington, Wisconsin. The firm may affiliate with or refer prospective clients to other law firms located throughout the country to provide legal representation.

The hiring of a lawyer is a critical decision and should not be predicated solely on comments, advertisements or other content found on any website.

An attorney-client relationship is not formed if you submit information through this site or if you call the phone number listed on this site.

In Missouri, we do not have a staffed office, and appointments are virtual.

Nothing on this site should be taken as legal advice for any individual case or situation. The legal information on this site is provided for general informational and educational purposes only and is not a substitute for professional advice. The use or reliance on any information on this site is solely at your own risk.

Prior results do not guarantee a similar outcome. Testimonials or endorsements do not constitute a guarantee, warranty, or prediction regarding the outcome of your legal matter.

Contingent attorneys' fees refers only to those fees charged by attorneys for their legal services. Such fees are not permitted in all types of cases.

"No fee unless you win or collect" or “We never charge a fee unless and until we recover a settlement or win your case at trial refers to fees charged by the attorney and costs of litigation, unless otherwise agreed in advance.

Attorney Stuart Price, 6345 Balboa Blvd., Suite 247 Encino, CA 91316 is responsible for the content of this site.

For further information concerning the use of this site, please see our Privacy Policy.

Copyright © 2024 Resolve Law Group

chevron-down linkedin facebook pinterest youtube rss twitter instagram facebook-blank rss-blank linkedin-blank pinterest youtube twitter instagram