Las Vegas, Nevada, Attorneys for Chapter 11 Bankruptcy
At the Schwartz Law Firm, Inc., we assist individuals who have significant income and liabilities in filing bankruptcy under Chapter 11 of the Bankruptcy Code. If your income is over the median levels in Las Vegas, Nevada, and you have more than $336,900 in unsecured debt or $1,010,650 in secured debt ¾ filing for protection under Chapter 11 of the Bankruptcy Code may be the best option for you. The Schwartz Law Firm is one of the only firms in Las Vegas, Nevada helping consumers in Chapter 11.
Contact our office in Las Vegas to speak with an experienced lawyer regarding Chapter 11 bankruptcy for individuals and your debt relief needs. We represent bankruptcy clients in Nevada.
The Benefits of Filing Chapter 11 Bankruptcy
For people with higher income and debt, Chapter 11 bankruptcy is often a fantastic way to keep the majority of your assets and significantly reduce your debt. The benefits include:
- Reducing, or cramming home mortgages down to the appraised value of your residential and commercial properties
- Eliminating credit card debt
- Turning residential properties profitable
- Improving your personal financial situation
Despite these benefits, bankruptcy is not for everyone. At the Schwartz Law Firm, we will thoroughly assess your financial situation and explain all your options before moving forward.
Assisting Clients Through the Bankruptcy Process
Like in Chapter 13 bankruptcies, Chapter 11 bankruptcies include a payment plan based not on how much debt you have, but how much you can afford to repay, or what the Bankruptcy Code calls disposable income. Chapter 11 bankruptcies, however, allow you to control much more of the bankruptcy process, including designing your own repayment plan.
Our lawyers have substantial experience handling debt consolidation through bankruptcy. If Chapter 11 Bankruptcy is right for you, we will explain the process, including how we work to minimize the costs while maximizing your savings.
Contact an Experienced Bankruptcy Lawyer Today
If you are in financial trouble, we will review your situation and help determine if Chapter 11 bankruptcy is the right option for you. Please contact us today to schedule a free consultation in our Las Vegas, Nevada office.
We have Spanish-speaking staff to assist those who communicate best in Spanish.
