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Is a Short Sale Necessary if the Homeowner is Filing Bankruptcy?
We all know that the housing market in Las Vegas, Henderson, North Las Vegas (essentially all of Clark County, Nevada) has been severely impacted in the last few years. Many homeowners now own...
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The Pitfalls of the Emergency Bankruptcy Filing
As experienced bankruptcy attorneys will tell you, preparing and filing the complete bankruptcy petition and schedules requires a fair amount of time and effort on the part of the debtor and the...
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Bankruptcy and Your Credit Score
A frequent question posed by our Las Vegas Chapter 7 or Chapter 13 bankruptcy clients is “will bankruptcy completely ruin my credit score?” A bankruptcy filing will certainly impact an individual’s...
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Welcome Homa Woodrum – Immigration Attorney
The Sidhu Law Firm, Las Vegas Bankruptcy lawyers, is proud to welcome Homa S. Woodrum, Esq. to the firm. Ms. Woodrum’s practice will focus on immigration matters, including naturalization and...
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New Median Income Figures for Bankruptcy Cases
New Median Income Figures Effective May 1, 2012. As of May 1, 2012, the revised median income figures for Nevada released by the United States Trustee will apply to bankruptcy cases filed after that...
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Why is There Social Stigma for Personal Bankruptcy?
Many of our clients confess that although their financial situation had worsened a long time ago and they have been contemplating filing bankruptcy, they continued to avoid consulting with a bankruptcy...
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Bankruptcy Trustees Selling Debtor’s Real Property
Some of the bankruptcy trustees in Las Vegas Chapter 7 cases are now taking it upon themselves to sell the debtor’s unexempt real property or property that the debtor intends to surrender. The Chapter...
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Short Sale Relief Quashed by Subsequent Litigation
Over 70% of the homes in Clark County (essentially, Las Vegas, Henderson and North Las Vegas) are “upside down” or “underwater”, meaning that the loan on the property is more than the current value of...
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Rebuilding Your Credit Score
The credit score of individuals who have filed a Chapter 7 or Chapter 13 bankruptcy will certainly be negatively impacted. Similarly, in most situations, a foreclosure or a short sale would also cause...
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Student Loan Debt – The Emerging Crises
A recent report by the Federal Reserve Bank of New York noted: Student loan debt is the only form of consumer debt that has grown since the peak of consumer debt in 2008. Balances of student loans...
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