To file for a Chapter 7 “liquidation” bankruptcy that wipes clean your credit cards and unsecured debts, you have to be under the median income for Nevada based on a 6 month rolling average.  The U.S. Trustee’s office has released new figures that will go in effect November 1, 2010.

To file for Chapter 7 in Nevada after November first your income should be below these figures:

  • 1 person household: $42,346
  • 2 person household: $56,612
  • 3 person household: $59,802
  • 4 person household: $69,371
  • +$7,500 per household member above 4.

If you would like a free consultation on filing bankruptcy in Nevada, call Ryan at (702) 222-3476.