There are the 3 categories of law that can help you prevent a financial disaster:
- Laws that allow you to settle your debts with creditors when they become too burdensome.
- Debt defense laws that limit how and when creditors can collect from you.
- Bankruptcy laws that give you the power to start fresh and free of debt.
In general, people file for bankruptcy only as a last resort, when their debt obligations become unmanageable.
A common misconception is that bankruptcy is only for people with too much credit card debt. However, aside from that situation, people also file bankruptcy after suffering a major, unexpected financial loss — like an unexpected illness, for example.
Dealing with creditors is stressful for many people. Even when the law is on our side. The good news is that a compassionate Las Vegas bankruptcy lawyer can help you understand these laws and will take care of all communications with the creditors, so you don’t have to do it alone.
Filing for bankruptcy in Las Vegas and the automatic stay.
Your Chapter 7 or Chapter 13 bankruptcy case officially beings when one of our Freedom Law attorneys files your bankruptcy petition with the bankruptcy court in Clark County, Nevada.
As soon as your bankruptcy petition has been properly filed, an injunction called an “automatic stay” will be issued. It prevents creditors and debt collectors from contacting you and from collecting debts. It will also put a temporary hold on foreclosures, wage garnishments, utility disconnections, and evictions.
However, the automatic stay will not suspend all proceedings. Our bankruptcy lawyers at Freedom Law Firm will explain to you what proceedings won’t be affected by the automatic stay during your initial (free and confidential) consultation.
Bankruptcy is a delicate and complex proceeding, and you want someone with plenty of experience to consult you and guide you through the process and help you determine the scope of the discharge.
If you would like to find out whether bankruptcy is the right option for you, please request a call-back by submitting a short online form. All initial consultations are free and confidential.