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About Filing Bankruptcy

Nevada Bankruptcy Lawyer

When individuals, spouses, businesses or corporations find themselves burdened with debt to the point that there appears to be no way out, filing bankruptcy is an option to consider. Most people have heard of filing bankruptcy, but there are many aspects and ways to file, which may not be well understood. In order to make an informed decision to file for bankruptcy, we highly advise clients to hire an experienced Nevada bankruptcy attorney.

At Price Law Group, we have helped over 100,000 families get out of debt with our bankruptcy and debt elimination programs. Since circumstances vary greatly, it is important to have a knowledgeable bankruptcy lawyer explain what the advantages of bankruptcy are. Whether clients are dealing with situations like repossession, foreclosure, wage garnishment, lawsuits or creditor abuse, we can help.

What Bankruptcy Options are Available?

There are several types of bankruptcy options available. Here are some examples:

  • Chapter 7 - for individuals and spouses, which is the liquidation of assets and clearing of debts.
  • Chapter 11 - for businesses and corporations to allow them to reorganize their finances in order to repay creditors, while still being able to continue normal operations.
  • Chapter 13 - for individuals and spouses, also known as the "wage earners plan", which allows them to file a repayment plan with bankruptcy courts to pay creditors over a period of time, generally 3-5 years, and also protects assets like cars and the family home.

Financial troubles can be extremely stressful and we know how to help alleviate the worry. We understand what you are going through and will help keep your rights protected through the process of bankruptcy filing. Our goal is help our clients make a brighter future by finding the best solution to eliminate or control their debt.

To find out what your debt solution options are, Contact a Nevada Bankruptcy Attorney from our firm now for assistance.

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