What Is the Nevada Homestead Exemption?
When you file for bankruptcy in Nevada, one of your most important protections is the homestead exemption. But what is the Nevada homestead exemption, and how does it work in a bankruptcy case? The Nevada homestead exemption protects up to $605,000 in equity in your primary residence from creditors and bankruptcy liquidation. However, it does […]
Nevada Bankruptcy Exemptions & Law
Nevada Bankruptcy Law Although U.S. bankruptcy cases are taking place in federal court under federal law, Nevada has chosen to introduce some of its own rules to protect the property of individuals filing for bankruptcy in the State. creditor protected property is called duty-free property, and should be available to you to continue your life […]