The Bankruptcy Court for the District of Nevada will permit approved personal financial management course providers to file the Certificate of Debtor Education under Rule 1007 (b) (7), electronically using the electronic financial management course certificate filing program (eFinCert) instead of requiring course providers to register as a limited filer in the court’s CM/ECF case management system.
The Bankruptcy Court for the District of Nevada will permit approved personal financial management course providers to file the Certificate of Debtor Education under Rule 1007(b)(7), electronically using the electronic financial management course certificate filing program (eFinCert) instead of requiring course providers to register as a limited filer in the court’s …
In order to file for bankruptcy in Nevada, the debtor must first complete a credit counseling course. They must then file a petition with the bankruptcy court, along with a number of other documents. Once the petition is filed, the debtor will need to attend a meeting of creditors, where their creditors will have an opportunity to object to the discharge of their debt.
Household Size | Monthly Income | Annual Income |
---|---|---|
1 | $3,421 | $41,054 |
2 | $4,612 | $55,349 |
3 | $4,612 | $55,349 |
4 | $5,144 | $61,732 |
In most respects, filing for bankruptcy in Nevada isn't any different than filing in another state. The bankruptcy process falls under federal law, not Nevada state law, and it works by unwinding the contracts between you and your creditors—that's what gives you a fresh start.
Most people file either Chapter 7 or Chapter 13. If you don't know the differences between the two, you're not alone. The short explanation below and our handy Chapter 7 versus 13 chart will help clear things up.
Bankruptcy wipes out many bills, like credit card balances, overdue utility payments, medical bills, personal loans, and more. You can even get rid of a mortgage or car payment if you're willing to give up the house or car that secures the debt.
We all know that seeing the forest helps us recognize the trees, so it's probably a good time to consider the significant steps you'll take during your bankruptcy journey. Think of this checklist as a roadmap of sorts, but you can also use it to track your progress. The good news? You've already made headway on the first two items!
You won't lose everything in bankruptcy. You'll use your state bankruptcy exemption laws to protect your property. We list the significant exemptions below, but first, understanding the following will help you maximize what you'll keep in your case.
Exempt your property carefully. The bankruptcy trustee —the court-appointed official assigned to manage your case—will review the exemptions. A trustee who disagrees with your exemptions will likely try to resolve the issue informally.
If you've never filed for bankruptcy before, you'll meet the initial requirement. Otherwise, check whether enough time has passed to allow you to file again. The waiting period varies depending on the chapter previously filed and the chapter you plan to file. Learn more about multiple bankruptcy filings.
After you file bankruptcy, you are required to take a debtor education class. This class is necessary to receive a discharge of your debts. Once you complete the course you will receive a debtor education certificate.
Nevada Pre-Discharge Debtor Education Course. After you file bankruptcy, you are required to take a debtor education class. This class is necessary to receive a discharge of your debts. Once you complete the course you will receive a debtor education certificate.
The purpose of the debtor education class is to teach you how to budget your income and responsibly manage your finances after you complete the bankruptcy process.
Before you can file Chapter 7 bankruptcy in Nevada, you have to take a credit counseling course. The purpose of the course is to make sure you are aware of your debt relief options. Federal law requires everyone filing bankruptcy to take a credit counseling course from a pre-approved provider.
On average, the cost of a bankruptcy lawyer for a Chapter 7 bankruptcy is a little higher than in the rest of the country, but a lot of law firms offer free initial consultations for Nevada bankruptcy matters. Especially if you’re not sure if all of your debt is discharge able, hiring a bankrupt cy attorney can be a good investment, if you can afford it.
The Bankruptcy Court for the District of Nevada has offices in Las Vegas and Reno and is unofficially divided into a northern division and a southern division. If you live in the counties of Clark, Esmeralda, Lincoln or Nye, the Las Vegas office will handle your case.
Without a bankruptcy, if your car is worth less than what you owe, giving it back to the bank (voluntarily or through a repossession) will not get you out of the obligation to pay off the loan. After filing a Chapter 7 bankruptcy in Nevada, on the other hand, you can surrender the vehicle and discharge the loan.
If you have the ability to raise some funds after filing bankruptcy in Nevada, you may also be able to redeem your car. If you do that, you get to keep the car, but instead of paying off the full loan balance, you only pay the bank the actual value of the vehicle as a lump sum.
If you’re asking the court to pay your filing fee in installments, you’ll have to pay at least $80 within 2 days of filing your case.
Nevada Legal Aid Organizations. Nevada legal aid organizations provide free legal assistance to low-income residents in a variety of areas. If you’re worried about successfully navigating the bankruptcy process by yourself, reach out to one of the organizations providing legal aid in Nevada near you.
The attorney training modules must be completed before the U.S. Bankruptcy Court, District of Nevada will issue a login and password to CM/ECF.
Please ensure your system meets the following requirements for CM/ECF compatibility.
Complete the appropriate ECF Registration Form and return to the U.S. Bankruptcy Court, District of Nevada office.
The only way for you to get a Discharge of Debtor in that case is be asking the court to reopen your bankruptcy case so you can file the certification.
The U.S. Bankruptcy Court has a way for some people to get around the requirement to complete a financial management course, but the exemptions are few and far between. You do not need to file a certification if:
We have a few good providers we tell our clients about, but the ultimate decision is yours. So long as the provider is certified by the Executive Office of the U.S. Trustee, they can do the job for you. Click here to find a list of approved providers in your area.