Nevada Bankruptcy Laws Overview

Summary

Nevadas bankruptcy laws include Chapter 7 and Chapter 13 options. The means test determines Chapter 7 eligibility, while an automatic stay halts debt collection upon filing. Nevada has its own property exemptions.

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what are the bankruptcy laws in the state of nevada
Hey ****! Here are some key points about bankruptcy laws in Nevada:
- Chapter * & Chapter *: The most common types of bankruptcy.
- Means Test: Determines eligibility for Chapter *.
- Automatic Stay: Stops creditors from collecting debts once bankruptcy is filed.
- Exemptions: Nevada has its own list of property exemptions you can keep.
Do you have a specific type of bankruptcy in mind or any particular question about the process?