How does filing bankruptcy eliminate credit card debt in Reno, Nevada?
How do I eliminate my credit card debt?
One course of action that may be available to you is to file bankruptcy. Credit card debt can be discharged in both Chapter 7 and Chapter 13 bankruptcy. Your credit cards may require partial repayment in a Chapter 13, and none at all in Chapter 7. Keep in mind that you can’t pick and choose which of your credit cards will be discharged in your bankruptcy- they must all be included in your case.
If I declare Chapter 7 Bankruptcy, will all my credit card debts be discharged?
The only time your credit card debts won’t be discharged in Chapter 7 is if your purchases were fraudulent. Misrepresenting your financial situation on a credit line application is one way for your purchases to be deemed fraudulent. You should discuss your credit card debts with an attorney if you are unsure about whether or not they will be deemed fraudulent.
What might be considered fraud if my credit card debt is included in my bankruptcy?
Your trustee may review your credit card statements to make sure that none of your pre-bankruptcy purchases were fraudulent. Your creditors may also bring an adversarial action to prevent their debts from being discharged in your bankruptcy. Luxury purchases of $750 more in the 90 days before your filing will be presumed fraudulent. So will cash advances of $1,000 or more in the 75 days preceding your bankruptcy. You will need to be able to prove you had actual intention to repay the debt and a reasonable belief you would be able to for these debts to be discharged in your bankruptcy.
Bankruptcy May Be Your Best Option To Eliminate Credit Card Debt
Extreme debt can affect an individual’s personal, professional, emotional, family, and financial life situations. It is not our job to judge the amount or type of debt, it is our job to offer the best bankruptcy legal representation and service for Reno residents. After consulting with an experienced Nevada bankruptcy attorney about your specific debt, or professionals will determine the most effective legal means to eliminate or reduce your debt. An attorney will evaluate the debt and provide options and answers — the initial consultation is free, and we offer affordable filing rates.
Exceptions For Dischargeability of Credit Card Debt
I Only Have Credit Card Debt, Can I Still File Bankruptcy If It’s Just Credit Cards?
Yes you can! You are not required to have other debts, such as medical bills and registration loans, to file bankruptcy.
Can I Keep Any Of My Credit Cards If I File Bankruptcy?
You will not be able to keep using your credit cards after filing bankruptcy. Once your case has been discharged, you will most likely receive several offers for new credit cards. If you aren’t approved or don’t want to open new credit cards yet, you can open a secured credit card through your bank or another financial institution.
Is Large Credit Card Debt Common For Bankruptcy Filers
Medical debt is the most common cause of bankruptcy in the United States, but credit card debt can also be incurred as a result of an illness or injury. It isn’t unusual for those who have suffered from a medical emergency to use credit cards to make ends meet while they recover. Credit card debt is also a common symptom of financially stressful events like prolonged unemployment, divorce, and more.
Can I Still File Bankruptcy If I Have More Than $100,000 In Credit Card Debt?
A creditor to whom you owe $100,000 in credit card debt or more may object to your debts being discharged in bankruptcy. This doesn’t mean your creditor will necessarily prevail- it just means that you should discuss your situation with a bankruptcy attorney before your case is filed.
Contact Our Reno Bankruptcy Lawyers
We offer affordable rates and payment plans to work with every budget- you may even qualify for a post-filing plan starting at $0 down! Call or use our online form to schedule your free bankruptcy consultation today.
HOW CAN WE HELP?
Consult with the expert bankruptcy legal team if you are faced with:
Harassing phone calls from creditors
Loss of a job or wages
Making monthly bill payments
Crushing credit card debt
A wage garnishment
Clients who call upon our services have overwhelming debt caused by life circumstances. We understand that Reno residents are faced with difficult financial situations that result in debt. We are here to help you get out of debt, and our team will be with you throughout the bankruptcy process.
CLIENT TESTIMONIALS & REVIEWS
COMMITMENT AND DEDICATION TO EXCELLENT LEGAL REPRESENTATION
Check out our online reviews and learn why Reno Zero Down Bankruptcy is a #1 choice for those filing for bankruptcy in Reno!
I didn’t know how I was going to afford an attorney to file my bankruptcy. Because Nevada Zero Down Bankruptcy offers no money down, I called, set up an appointment, met my attorney, and my bankruptcy was filed — and it didn’t cost me a penny upfront.
I highly recommend this firm. They saved my home. Very helpful throughout my bankruptcy.
Worth Every Penny. Extremely satisfied.
“The most helpful bankruptcy lawyers in Vegas”
Actual $0 Down Bankruptcy!
Made my bankruptcy easy. I was dreading going into the Bankruptcy. They made life easier. Thank you to the great staff at Nevada Zero Down!
“Filed Chapter 7, it went great. Ryan was easy to work with.”
“Very Friendly and Helpful Attorney and Staff.”
“They are the best at what they do. Honest and Affordable.”
WHY CHOOSE RENO ZERO DOWN BANKRUPTCY
RENO LAW FIRM CAN HELP YOU ELIMINATE DEBT
You Will Be Debt Free
Free Initial Consultation
Affordable Bankruptcy Filing Rates
Payment Plans For Every Budget
Trusted, Experienced Attorneys
Expert Legal Representation
When you consult with Reno Zero Down Bankruptcy Law Firm, your case becomes a priority. An attorney will explore all legal options available for you to eliminate debt. Our legal team will help you to understand the bankruptcy process, and explain your rights as a debtor. Through effective communication and dedication to clients, Reno Zero Down Bankruptcy provides clients with expert legal representation. We listen to your concerns about your debt, and offer legal services that will produce the best possible outcome for your financial needs.
RENO ZERO DOWN BANKRUPTCY ATTORNEY VIDEOS
Reno Zero Down Bankruptcy offers a zero money down program to provide an affordable debt-relief bankruptcy option for Reno residents. Our legal staff is available to help you at any time you need assistance with debt. With Zero Down Bankruptcy, eliminating debt is a no hassle, no worry, no stress process. No scraping together money to discuss your case with an experienced attorney at the best bankruptcy law firm in Reno.
Reno Zero Down Bankruptcy Law Firm
Reno Zero Down Bankruptcy Legal Services
HOW OUR DEBT RELIEF ATTORNEY CAN ASSIST YOU
If you are facing an auto repossession, contact our Reno Zero Down Bankruptcy attorney. Our attorneys help clients understand the bankruptcy process as a solution to debt relief needs. The legal staff at our law firm will ensure that your rights as a debtor are protected, and that you understand the debt relief process as it pertains to your specific financial debt situation.
Reno Zero Down Bankruptcy attorneys can help you keep what is important to you and your family. If you are facing a foreclosure, contact our firm for assistance. Our lawyers give professional advice whether or not bankruptcy is the best option for your debt relief needs.
A wage garnishment threatens your income, and affects your professional career. First, Reno Zero Down Bankruptcy Attorneys will review your financial situation, next, we help you to understand the impact of a wage garnishment. Lastly, our debt relief team reviews the benefits filing bankruptcy protection can provide, including stopping a wage garnishment.
ELIMINATE CREDIT CARD DEBT
Our Reno $0 Down Bankruptcy team represents clients across Reno. Whereas, we wipe out overwhelming unsecured debt such as credit card debt. Therefore, if you are unable to pay more than the minimum payment on your credit card statement, or if you have debt that prevents you from making minimum monthly payments, our experienced debt relief legal team can help.
DEBT RELIEF AND YOUR PROPERTY
Stripping a lean in a Chapter 13 bankruptcy is complicated. Whereas, depending on the asset and value, it needs the attention and representation of an experienced attorney. Therefore, Chapter 13 bankruptcy protection provides a means to eliminate mortgage liens on real estate property. Thus, a Consult with Reno Zero Down attorneys is best to understand how to remove a lien from your home in Reno.
Clients who experience medical emergencies find themselves in financial peril. Thus, medical debt debtors get debt relief help from Reno Zero Down Bankruptcy lawyers. Additionally, medical bills from illness, surgery, doctor visits, prescriptions, and other health crisis can become staggering. Therefore, our Reno Debt Relief team provides help. Take control of your medical debt.
5552 Ashley Creek St
Las Vegas, NV 89135
NORTH LAS VEGAS
7251 W Lake Mead Blvd
Las Vegas, NV 89128
1489 W Warm Springs Rd #110
Henderson, NV 89014
Monday-FRIDAY 8:00 AM – 6:00 PM
SATURDAY 8:00 AM-12:00PM