Many people fear or try not to consider bankruptcy because they think it means they will lose their home, car, and other daily necessities. Those that believe these misconceptions are not aware of Nevada Bankruptcy Exemptions. Bankruptcy exemptions are laws that protect certain property during bankruptcy. It essentially means that qualifying property cannot be repossessed, liquidated, or taken to collections by creditors or the bankruptcy court despite the individual filing for bankruptcy. These exemptions exist primarily for Chapter 7 bankruptcy, but apply in part to Chapter 13 bankruptcy filings as well. Chapter 13 Bankruptcy Exemptions Since you’re not giving up.
Family Law
Sometimes relationships don't work out. The end of a relationship doesn't have to be compounded with financial and emotional heartache. <a href="https://ljlawlv.com/family-law/">Click here to learn more.</a>
Bankruptcy
Financial hardship can strike at a moments notice. Fortunately, there are ways to slow down and stop barrage of creditors calling. It's easier than you think. <a href="https://ljlawlv.com/bankruptcy">Click here to learn more.</a>
Foreclosure Defense
Your home is your most treasured asset. You shouldn't be forced to give up your home. Strategies exist that may allow you to keep your home if you are facing financial struggle. <a href="https://ljlawlv.com/real-estate-foreclosure">Click here to learn more.</a>
Why Choose Lonardo & Jacovino?
At LJ Law, we offer our clients a full range of legal services. We take pride in not only helping our clients resolve their legal issues, but also in building and establishing relationships.
At our office, you will not be just another number, you will speak directly with a knowledgable, compassionate and understanding attorney who will take the time to listen to your particular needs and offer quality and caring legal guidance while ensuring that your interests are protected. Read More About Us
Testimonials
What great lawyers! Jan and Bonnie were absolutely amazing! They kept great communication with us through a very lengthy court process. In the end we received more than we honestly expected. Jan and Bonnie are both very experienced and know what to expect before walking in to court. They fight for you and always have your best interest in mind. They work with you and will always make time for you! Thank you so very much for everything!!!
Rich, LJ Law Client
These two wonderful ladies, made dealing with my legal matters easy. They took time to explain everything and walked me through all the paperwork. Outstanding, professional, knowledgeable, and friendly. They get back to you quickly with answers and support you all the way through. I was so comfortable with my outcome, I recommended them to my family and they are now their lawyers also.
Julie S., LJ Law Client
Blog
Tips, strategies, and information to help you avoid the pitfalls, traps, and unexpected consequences of foreclosure, bankruptcy, and divorce.
¿Qué son las exenciones de bancarrota y cómo pueden ayudarme?
Muchas personas temen o intentan no considerar la bancarrota porque piensan que significa que perderán su hogar, automóvil y otras necesidades diarias. Aquellos que creen estos conceptos erróneos no son conscientes de las exenciones de bancarrota de Nevada. Las exenciones de bancarrota son leyes que protegen ciertos bienes durante la bancarrota. Esencialmente significa que los acreedores o el tribunal de quiebras no pueden recuperar, liquidar o llevar a la propiedad los bienes calificados a pesar de la declaración de quiebra individual. Estas exenciones existen principalmente para la bancarrota del Capítulo 7, pero también se aplican en parte a las solicitudes.
How Does Paying or Receiving Child Support Affect My Tax Return?
Today’s topic deals with taxes and child support. With the tax season upon us I have had a few questions from consultations and from current clients as to how their taxes will be affected by the child support that they are either paying or are receiving. Is the Child Support I am paying tax deductible? According to the IRS, child support payments are not considered to be taxable income to the receiving party and they are not deductible by the paying party. The IRS considers child support payments to be a personal expense and since personal expenses are not tax.