CHAPTER 7 BANKRUPTCY IN LAS VEGAS IS SIMPLE!
HOW CHAPTER 7 BANKRUPTCY WORKS IN LAS VEGAS

WE FILE YOUR BANKRUPTCY SO YOU CAN CATCH YOUR BREATH

How Chapter 7 Bankruptcy Works In Las Vegas

How Chapter 7 Bankruptcy Works In Las Vegas

When Attorney Colmenares files your Chapter 7 Bankruptcy, an injunction (“automatic stay”) immediately stops most collection efforts including foreclosures, prepossessions, credit card lawsuits, debt collector phone calls, the placing of lien’s on your property, wage garnishments, frozen bank accounts, etc.

The purpose of the automatic stay is to give you time to “catch your breath” from harassing creditors.

Once your Chapter 7 Bankruptcy if filed, a “bankruptcy estate” is created which consists of everything you own including your home, car, all your accounts, lawsuits, inheritances, etc. A “chapter 7 trustee” is then appointed whose job it is to sell your property and uses the proceeds to pay off your creditors. That’s the bad news. But there is good news.

The good news is you can claim “exemptions” that allow you to keep certain property for yourself despite having filed Bankruptcy in Las Vegas. Luckily, most property people own is exempt.

Eligible Nevada residents can claim the following property as exempt:

• The first $550,000 in equity in your home
• The first $15,000 in equity in your vehicle
• The first $12,000 in value for your furniture and household goods
• The first $500,00 in retirement accounts
• Life Insurance; and
• Public Benefits

The role of a good Las Vegas Chapter 7 Bankruptcy Lawyer is to:

• Advise if Bankruptcy is in your best interest and explain How Chapter 7 Bankruptcy Works In Las Vegas;
• Prepare all the paperwork; and
• Protect your assets (asset protection) by legally loading up your exemptions so the trustee does not sell your property.

WE GO TO COURT WITH YOU

We then accompany you to a meeting with the trustee and if all goes well, two months later you will receive a discharge. It’s that simple!

YOU MOVE ON WITH YOUR LIFE

Now that you have bankruptcy behind you, start rebuilding your credit and enjoy your fresh start! See Life After Bankruptcy.

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To find out if a Bankruptcy in Las Vegas is right for you, take the first step by scheduling a consultation. Here is what you can expect:
• Attorney Colmenares will personally review your entire financial situation and develop a debt relief plan that is custom tailored to your specific needs. All information remains strictly confidential.
• If Bankruptcy is right for you, we will let you know the cost and what paperwork you need to provide. There are no hidden fees.
• With as little as $100 down* you will be able to tell your creditors you are now represented by Attorney Colmenares. This should stop debt collectors from calling and harassing you.
• If Bankruptcy is not right for you, we will advise you of your non-bankruptcy alternatives.

Schedule Your BANKRUPTCY CONSULTATION.

PERSONAL STATEMENT FROM ATTORNEY NEIL E. COLMENARES

Testimony

"Upon my first contact with Atty. Neil I felt at ease with talking to him about my having to file for bankruptcy. He was very professional and personable and explained everything in detail what I would have to do. As such, I returned to him with all my records and data in order. Afterwards he explained the next processes that I would have to follow. Because I was fully prepared his job to present it to the court was prudent and expeditious. As a result, my case was completely settled in less than three months. Neil is a man of his word and action and I certainly would recommend him to anyone in need of legal service, but with a word of advice, I would recommend that you should be prepared to do whatever he requests in order to expedite your case."
Judy W.
"When the housing market tanked and i got laid off I needed help with a short sale of my home. Mr. Colmenares was recommended to me by a co-worker. Mr. Colmenares made the process as painless and smooth as possible. I highly recommend Mr. Colmenares to anyone who is in the same position as I once was. If your looking for a pro on your side, look no further."
Steve W.
"Neil's a very reasonably priced lawyer. Handled my case promptly and professionally. Couldn't ask for better results. Saved me thousands of dollars and avoided costly lawsuits. Will definitely use Mr. Colmenares for future legal needs."
Emaan O.
"The best attorney I have ever dealt with. He made me feel good about going to see an attorney. Anytime I had questions in the process, our calls were answered promptly, He always got back to me and I never had to case him down. Mr. Colmenares even went out of his way to let me see him late on a Saturday. He's not like any other attorney that only cares about your money. He answered all my questions in detail. and gave me advice in how to situate my problems. I didn’t even have to ask him questions because that’s how specific and detailed he was. It was like he read my mind. Always thinking ahead, and was on top of my case. Worth every dollar spent. Highly recommend."
Jack H.