Las Vegas Bankruptcy Attorney
R. Nathan Gibbs LTD
Chapter 7 Bankruptcy Services - Las Vegas Area
Chapter 7 Bankruptcy is a way to eliminate most
types of debt and create a fresh start for yourself. Bankruptcy is an option
that should be considered if you are in a situation where it would not be
possible to ever pay all of your debts. Before filing a Bankruptcy you
should always meet with a qualified attorney to consider all your options.
With Chapter 7, you can eliminate your credit card debt, lawsuits, medical
bills and more.
When you file Chapter 7 you are not required to make repayments. Instead
certain types of debts are completely eliminated. You can keep much of your
property with Chapter 7. This is called “exempt property.” Exemptions can
vary from state to state, and are made for various types of items that you
need to live and work, such as automobiles, a primary residence, clothing,
and even most retirement accounts. However, it does vary case to case and
you should talk with me as your attorney to understand your options. On
average the process can take anywhere from 5 – 7 months, but based upon your
case could be faster or take longer.
There are debts that you cannot eliminate in a Chapter 7 Bankruptcy and
those debts are called non-dischargeable debts. You should be aware of them
and again speak with me as your attorney and double check the surrounding
circumstances for each non-dischargeable debt, which can include most taxes,
child support, court ordered fines and penalties, student loans and more.
After you successfully file, you will be free of all those annoying creditor
calls because they must comply with bankruptcy law and stop the calls. Any
lawsuits that are pending or people that are pursuing you must stop after
you file bankruptcy. Now that you have a fresh start it’s important to
protect your new credit record from here out and build good credit. Let us
help you through this process and into a fresh start.
R. Nathan Gibbs, Esq. - Phone (702) 471-7454 - Fax (702) 471-6432 - R.
NATHAN GIBBS, LTD.- 5280 S. Eastern Avenue, D-2, Las Vegas, Nevada, 89119-
Serving Las Vegas, North Las Vegas, Summerlin, Henderson and Green Valley
