Bankruptcy in Reno, Nevada
Filing a bankruptcy in Reno can help both individuals and businesses recover from unmanageable debt. If your financial situation has become overwhelming, legal relief exists and we can help. Darby Law Practice, Ltd provides excellent legal financial services to clients in Reno and throughout northern Nevada. Our experienced attorneys can advise you on your legal options to handle your financial situation including:
- Personal bankruptcy
- Business bankruptcy
- Bankruptcy avoidance/out of court work-outs
- Bankruptcy counseling
Bankruptcy law—a fresh start is possible
In our years of helping clients suffering with overwhelming debt, we know that most people get into trouble because of an unexpected event such as a serious illness, job loss, or contentious divorce. And because many people are reluctant to file bankruptcy due to embarrassment or similar reasons, they sometimes wait until their financial situation is untenable before acting. For individuals and businesses throughout the country, including Reno, bankruptcy laws allow for legal debt relief. Depending on your circumstances, bankruptcy may be the best financial decision for you and can:
- Stop foreclosures
- Stop creditor harassment
- Eliminate most/all debt
Personal bankruptcy in Reno, NV
Our attorneys have spent many years providing clients with information and legal guidance on options available to handle financial difficulties including:
- Chapter 13 bankruptcy: A type of Reno personal bankruptcy that allows individuals to pay debts over a three or five year period. A Chapter 13 requires a court approved repayment plan and certain income levels.
- Chapter 7 bankruptcy: The most common type of Reno personal bankruptcy is Chapter 7, which generally wipes out unsecured debt like credit cards, medical bills, and collection fees. However, some debts are not removed in a Chapter 7.
Business bankruptcy in Reno
Chapter 11. Reno, NV B2B bankruptcy enables businesses to continue operations through a reorganization plan, rather than liquidation. While Reno business bankruptcy provides many advantages, it can be complex, is very expensive, and incurs many fiduciary responsibilities.
Reno bankruptcy lawyers can help
Even if your debts exceed your ability to pay, you can take back control of your finances. There are legal options available to solve your financial problems, regardless of your circumstances. Whether you want to file bankruptcy or find another viable solution, we can provide personalized representation focusing on developing an effective debt relief strategy specific to your needs. Contact Darby Law Practice, Ltd online today to schedule a consultation.