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Having financial difficulties can be frustrating, even for citizens living in Nevada. Finding an ideal solution will not be any less exasperating. Although it may be tough to admit, but quite often filing a petition through a Las Vegas bankruptcy lawyer may be your best – or only – option to regain control over your finances. When you do seek legal guidance, ask your prospective counselor lots of questions, including these: 1. How long have you been practicing bankruptcy law in Nevada? An attorney with a lot of cases under his belt will, most likely, obtain far better results than a beginner. A lawyer with ten or more years of experience will have a lot more tricks up his sleeve, than one with only three years on his resume. 2. What is the best way to communicate with you? You are already experiencing a lot of anguish. Do not add to this by hiring a legal representative you never can reach. You will have lots of questions, which should be answered promptly. 3. Is bankruptcy really my only option? Although your situation looks desperate to you, a skilled Las Vegas bankruptcy lawyer may be able to suggest less drastic solutions. Filing for bankruptcy will leave a black mark on your credit report. It will take many years to recover. A loan modification or debt consolidation may prevent this from happening. If bankruptcy is indeed your best option, inquire which chapter you should be filing for. 4. What are the pros and cons? It is obvious that bankruptcy in Nevada has benefits as well as disadvantages. A lot of your debt will be discharged, but on the other hand, you will have to work hard to rebuild your credit score. You will also be asked to continue paying off some of your bills, as bankruptcy does not discharge all of your debt. Student loans, alimony, child support, and some taxes will remain. Ask your attorney for a list of exceptions that pertain to your personal situation.
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