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Nevada Bankruptcy Info

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Nevada Bankruptcy Information

Las Vegas  .  Reno  . 

Nevada Median Income Standards

 

Nevada Bankruptcy Exemptions

Nevada Homestead

Real property or mobile home to $550,000 (husband & wife may not double)
Must record homestead declaration before filing for bankruptcy

Vehicle

Motor vehicle to $15,000; no limit on vehicle equipped for disabled person

Wages

Minimum 75% of disposable weekly earnings or 50 times the federal minimum hourly wage per week, whichever is more; bankruptcy judge may authorize more for low-income debtors

Personal property & Tools of Trade

One gun
Appliances, household goods, furniture, electronics, clothing, home & yard equipment owned by debtor or dependent of debtor to $12,000 total
Books, works of art, musical instruments and jewelry to $5,000
Life insurace (no limit)
Annuity contracts (no limit)

WildCard

$1,000

More info About __ Bankrutpcy Exemptions including citations.

Nevada Bankruptcy Courts

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