Las Vegas Chapter 13 Bankruptcy Attorneys

At The Schwartz Law Firm, we assist individuals in filing for relief under Chapter 13 of the Bankruptcy Code.  Individuals whose income is greater than the median household income in Las Vegas, Nevada and have unsecured debt of less than $360,475.00 and secured debts of less than $1,081,400.00, may qualify for a Chapter 13 bankruptcy. Debtors that file for relief under Chapter 13, will have their bankruptcy case administered by a bankruptcy trustee.  For a period of three to five years, a debtor will make monthly plan payments to the trustee based upon his/her disposable income.

The Benefits of Filing a Chapter 13 Bankruptcy

For individuals filing a Chapter 13 bankruptcy, the benefits include the following:

  • Repayment of home mortgage arrears over a period of 36 to 60 months;
  • The ability to avoid, or “strip off”, a second mortgage lien;
  • The ability to reduce, or “cram down”, home mortgages on investment properties to the appraised value;
  • Repayment of IRS tax liabilities over a 36 to 60 month period.

Contact Our Las Vegas Law Firm

At The Schwartz Law Firm, we will assess your unique financial situation, ask the right questions and explain the legal and financial alternatives available in clear and understandable language. Contact us to learn more about our Chapter 13 bankruptcy services.

We have Spanish-speaking staff to assist those who communicate best in Spanish.