NEVADA Chapter 7 Bankruptcy
Nevada is a favorable place to file Chapter 7 Bankruptcy due to the generous exemptions provided by the Nevada State Legislature. Your attorney at Piet & Wright will analyze your financial situation along with your property and assets to develop the most beneficial asset plan possible.
There is usually little or no property that is not exempt in a chapter 7 Bankruptcy plan developed by our bankruptcy attorneys. Almost without exception, there will be no liquidation of the debtor’s assets; these cases are called “no-asset cases.” As stated above, debtors with assets and property that they wish to keep and that are not covered by exemptions file Chapter 13 Bankruptcy or Chapter 11 Bankruptcy.