Can You Clear Medical Debt in Bankruptcy?

Medical debt is never something you are fully prepared for or truly expect. You may have a good health insurance and still end up in a challenging situation. When a medical emergency hits your household, the obvious option is to use any financial resources you may have in order to keep your health and that […]

Payday Loan and Bankruptcy

Payday loans remain to be your immediate savior in times of emergency financial trouble to make ends meet.  You resort to it despite the high interest rate to be able to pay your bills and/or put food on the table for you and your family .  You aim for immediate relief, and definitely payday loans […]

Nevada Homestead Exemption: Protecting Your Home in the Midst of Debts

If your creditors are running after you because of your piling debts you feel that you are at the end of the road and have no other option.  Reality sets in that if you cannot pay them they may take away your property or anything that belongs to you.  This is a headache and may […]

Improving Your Credit Score After Bankruptcy

You may believe that bankruptcy will pose issues for you especially in your credit score.  Unknowingly, this belief can be reversed if you know how to handle post bankruptcy life as this will be your chance for a fresh start and for your credit score to improve. What is a Credit Score? You may be […]

LGBTQ+Community and Finances

Just like you and me, who seem so solid about our gender and sexuality preferences, people that belong to the lesbian, gay, bisexual, transgender, and other queer individuals community also have debts and apply for bankruptcy.  They are no different from us despite their unique preferences, needs, wants and desires which may have led them […]

Bankruptcy Qualms

Debts are almost always a part of our lives. You can probably not name a person who has no debt or has not gone through life without incurring debt. Debt just like co-exists with us in our lifetime. As you cannot get away with it at some point because of troubling times, you take advantage […]

What is a 341 Hearing in Nevada?

341 Hearing in Nevada Freedom Law

When you file for Chapter 7 or Chapter 13 bankruptcy, your attendance is mandatory in a 341 hearing as stipulated in Section 341 of the Bankruptcy Code.  It should be clear that this is not a court hearing but a meeting between you and your creditors, run by your bankruptcy trustee.   What Happens During the 341 […]

The Importance of the Nevada Bankruptcy Means Test

If you are struggling with your debts, pressured and almost intimidated by the never-ending phone calls from your creditors, filing for a Chapter 7 bankruptcy might have crossed your mind.  However, the bankruptcy option you might want to file will burden you more instead of easing things especially if your knowledge and understanding of the process […]

Chapter 12 Bankruptcy in Nevada

People of all walks of life experience financial difficulty at one point, and you are not an exemption.  Some may find options to manage debts and bounce back to regaining their financial freedom.  However, for some, they might have run out of alternatives to financially redeem themselves from piling debts. One last resort for some is bankruptcy.  Bankruptcy […]

Advantages and Disadvantages of Chapter 11 Bankruptcy

Businesses or individuals facing financial challenges because of debts may file for bankruptcy protection to manage them.   Chapter 11 bankruptcy, also known as “reorganization bankruptcy”, allows business organizations to continue their activities and maintain possession of their assets. As this bankruptcy type permits continuous business operations under court supervision, debtors have a way of paying […]