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Bankruptcy/Restructuring

Bankruptcy Attorney Las Vegas

The law provides relief for individuals and businesses seeking protection from their creditors. The various forms of bankruptcy allow debtors to eliminate or restructure their debts and move forward. At Schwartz Flansburg, our Las Vegas bankruptcy attorneys handle most types of bankruptcy filings on behalf of clients who are facing excessive debt, foreclosure, garnishment of wages or the failure of a small business.

Answering Questions and Guiding Clients Through Bankruptcy

The law provides relief for individuals and businesses seeking protection from their creditors. The various forms of bankruptcy allow debtors to eliminate or restructure their debts and move forward. At Schwartz Flansburg, our Las Vegas bankruptcy attorneys handle most types of bankruptcy filings on behalf of clients who are facing excessive debt, foreclosure, garnishment of wages or the failure of a small business.

Types of Bankruptcy Filings

Chapter 7 This type of consumer bankruptcy liquidates most debts, allowing the debtor to make a fresh start. It is often called “liquidation.”

Chapter 13 This type of bankruptcy allows debtors to reorganize their debts, helping them develop a payment plan for three or five years that repays some or all of the debt. This type of bankruptcy is sometimes known as a “payment plan” bankruptcy.

Chapter 11 This type of bankruptcy is intended to help businesses reorganize. It may be initiated by the business owner or by creditors seeking payment. It is also known as “reorganization” and may apply to some individuals with a large amount of debt.

We work with clients to be sure they understand the bankruptcy choices that are available to them under Nevada and federal law. We educate them about the benefits and disadvantages of each type of filing so that clients know what to expect.

Contact Our Las Vegas Law Firm

At Schwartz Flansburg, 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 bankruptcy practice in Las Vegas.We have Spanish-speaking staff to assist those who communicate best in Spanish.

For a free consultation, please call 702-385-5544 or complete the form on the left.