Las Vegas Unemployment and the Bankruptcy Means Test
The U.S. Department of Labor reports that since December of 2007 the economy has shed more than eight million payroll jobs. The number of unemployed workers has surged from 7.5 million to 15.7 million, and 36 percent have been out of work longer than six months. Many struggling families are unable to meet their monthly […]
Should I keep my Las Vegas house or not?
In the early 1980s the British punk band The Clash asked a question many homeowners are struggling with today: Should I stay or should I go now? If I go there will be trouble And if I stay it will be double So you gotta let me know Should I stay or should I go? Walking […]
How to Value Household Property in a Las Vegas Bankruptcy
During a Las Vegas bankruptcy a debtor is required to reveal all assets and give an estimated value of the property. When the asset is cash money or an investment, figuring its value is easy. In other cases nailing down a value can be very elusive. This is especially true when dealing with a unique […]
How Bankruptcy is Helping Businesses Recover
As consumers venture out shopping for gifts this holiday season, many will be surprised by the number of stores that have gone out of business since last Christmas. Many shopping favorites have closed their stores for good, including Linens N’ Things, Goody’s, Mervyns, KB Toys, Sharper Image, and Circuit City. However, many stores like Circuit […]