If you live in Nevada and have trouble making ends meet, filing for bankruptcy might help you solve your financial difficulties. The first step is educating yourself about the differences between filing for Chapter 7 and Chapter 13 bankruptcy.
Once you choose the chapter best for you, the next step will be to complete the paperwork. This article will help you find some of the information you’ll need, including Nevada, means test figures, credit counseling providers, official bankruptcy forms, and your local bankruptcy court. Also, you’ll learn where to find information about protecting property in a Nevada bankruptcy.
Before the Nevada bankruptcy court wipes out (discharges) qualifying debt, you must detail your entire financial picture on bankruptcy forms, including your debt, assets, income, expenses, and financial transactions (property transfers, account closures, and the like).
You can find free, downloadable forms on the U.S. Courts form page. After completing them, you’ll print the forms out for filing in the Nevada bankruptcy court. Also, you’ll submit a filing fee or a request for a fee waiver, as well as proof of completion of a credit counseling course (learn more below).
Federal bankruptcy law governs bankruptcy filings. Even so, some aspects of Nevada state law and procedure apply, too.
You’ll find two types of Nevada-specific information on the website of the U.S. Trustee: means testing figures and approved credit counseling providers.
Filing for bankruptcy won’t require you to give up all your property. But you might not be able to protect (exempt) everything, either.
To learn more about the property you can exempt when you file bankruptcy in Nevada—and to view a list of commonly-used Nevada exemptions—visit Nevada Bankruptcy Exemptions.
Filers must follow the local bankruptcy rules for Nevada courts. You can find the local rules, as well as instructions for filing paperwork, on the Nevada Bankruptcy Court website under “Debtors,” then “Filing Without an Attorney?”
The District of Nevada has two divisions. To determine where to file your paperwork, visit the Federal Court Locator page, choose "Bankruptcy" in the drop-down box and enter your location.
Las Vegas Division
|Foley Federal Building300 Las Vegas Boulevard SouthLas Vegas, Nevada 89101(702) 527-7000||C. Clifton Young Federal Building300 Booth StreetReno, Nevada 89509(775) 326-2100|
Keep in mind that this overview provides helpful resources for information often needed in bankruptcy and is not a complete guide for preparing a bankruptcy matter. A filer is responsible for learning about the legal consequences of filing a bankruptcy case. If you want to proceed without a lawyer, consider purchasing a do-it-yourself book like How to File Chapter 7 Bankruptcy by Attorney Cara O’Neill and Albin Renauer J.D. The information it provides can help you make important decisions in your case.