702-735-1500

Las Vegas Chapter 7 Bankruptcy Lawyer

Chapter 7

In Las Vegas and Los Angeles, the attorneys at Vohwinkel Law help consumers free themselves from the burden of overwhelming debt and start over with a clean slate through the help and protection afforded by a Chapter 7 bankruptcy proceeding.

If you are dealing with the stress and frustration of never-ending calls from debt collectors, we are here to help you find the best path forward. Call our Las Vegas law office today to schedule a free, strictly confidential initial consultation with an experienced Chapter 7 bankruptcy attorney.

WHAT IS
CHAPTER 7
BANKRUPTCY?

A Chapter 7 bankruptcy, also known as “liquidation”, allows you to eliminate almost all of your debt without having to pay your creditors. The debtor emerges from the bankruptcy virtually debt-free, ready to make a fresh start. You may be able to discharge (completely eliminate) the following types of debts in Chapter 7 bankruptcy:

  • Credit card debt;
  • Personal loans;
  • Medical bills;
  • Back rent; and
  • Other unsecured liabilities.

A common misconception is that people have to sell off everything owned before they can receive a discharge of debt. This is not so. Chapter 7 bankruptcy typically allows you to keep all of your property. A common misconception is that you will lose your primary residence or your motor vehicle if you file for Chapter 7 bankruptcy. Contrary to that belief, you may keep your primary residence and your motor vehicle provided you are current on the payments at the time of filing bankruptcy and you agree to continue making payments to the secured creditor.

ARE ALL DEBTS
DISCHARGEABLE THROUGH
CHAPTER 7 BANKRUPTCY?

No. Before you file for bankruptcy, it is important to understand the limits of Chapter 7. Keep in mind, however, that not all debts are dischargeable in bankruptcy. For instance, student loans and government loans, and certain tax debt are not generally dischargeable, and domestic relations orders such as child support obligations cannot be discharged. Again, a qualified bankruptcy attorney at Vohwinkel Law can analyze your existing debt and let you know what a Chapter 7 bankruptcy can and can’t do for you.

Even if you cannot eliminate all of your outstanding debts, Chapter 7 may still give you the breathing room you need to get back on stable financial footing.

FILING FOR
CHAPTER 7 BANKRUPTCY
PROVIDES IMMEDIATE PROTECTION

When you file a proper petition for Chapter 7 bankruptcy, you will get immediate access to an automatic stay. This is a powerful tool. Under federal law, an automatic stay prevents creditors from taking collection action against you. In other words, all legal proceedings by debt collectors must be temporarily halted while your Chapter 7 bankruptcy petition works its way through the legal process. Debt collectors cannot go after your wages, bank account, or personal assets while your bankruptcy filing is pending.

WHO IS ELIGIBLE
TO FILE FOR
CHAPTER 7 BANKRUPTCY PROTECTION?

Chapter 7 bankruptcy is a powerful debt relief tool. Unfortunately, it is not available to all consumers. In determining your eligibility for Chapter 7, Nevada uses a ‘means-test’. If your monthly income is greater than the state’s median when adjusted for household size, you may not be able to file for Chapter 7. Though, in some cases, you may still be eligible if your expenses are especially high. In the event that you are not eligible for Chapter 7 bankruptcy, there are other legal options available. Contact a Las Vegas Chapter 13 bankruptcy attorney to learn more.

WHEN IS CHAPTER 7
RIGHT FOR ME?

Chapter 7 bankruptcy is most attractive to consumers with a large volume of unsecured debt, such as credit card debt or medical bills. A Chapter 7 filer will also need to have a monthly household income below the state median or satisfy a means test that shows your disposable income is low enough that you qualify for Chapter 7 bankruptcy. If you are not eligible to file for Chapter 7 bankruptcy, or if your debt is mostly secured by property that you wish to keep, such as your home, you may want to consider filing Chapter 13 bankruptcy instead.

Our attorneys will meet with you personally and take the time to understand your unique situation and advise you on whether Chapter 7 bankruptcy or Chapter 13 bankruptcy or even a non-bankruptcy solution such as debt settlement, is best for you. No matter your specific financial circumstances, there is always a way out of debt. The sooner you take action, the easier it will be to find a solution.

Chapter 7 Costs

Paid In Full
Up-front

Filing Fee

$335

Attorney Fee

$865

Total

$1,200

Paid In Four Monthly Installments Of $350

Filing Fee

$335

Attorney Fee

$1,065

Total

$1,400

No Money Down Option - 6 Monthly Payments Of $315

Filing Fee

$335

Attorney Fee

$1,555

Total

$1,890

FEES INCLUDE THE PRE AND POST FILING COUNSELING COURSES AND A CREDIT REPORT. PRICES ARE NOT FINAL THERE ARE ADDITIONAL COSTS FOR ADDITIONAL WORK.

YOU CAN TRUST
LAS VEGAS CHAPTER 7 BANKRUPTCY LAWYER
RORY VOHWINKEL

There are few things more stressful and frustrating than dealing with an aggressive debt collector. If you are struggling with debt, you need personal attention from a reliable legal advocate. Rory Vohwinkel is a top-rated Chapter 7 bankruptcy attorney. He has handled thousands of bankruptcy cases. Since the founding of the firm in 2009, we have helped people like you discharge more than $50 million in debt.

SCHEDULE YOUR FREE
BANKRUPTCY CONSULTATION TODAY

At Vohwinkel Law, our Las Vegas bankruptcy lawyers have the skills and experience to get you out of debt. We have extensive experience with Chapter 7 bankruptcy petitions. Our mission is to help you and your family get out of debt and get a fresh start. Contact us now for a free, no-commitment initial consultation.

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Vohwinkel Law

Vohwinkel law has provided las vegas valley residents superior case results relating to personal injury, bankruptcy, foreclosure and more! Contact us today!

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