In the tough economic times of the Great Recession, many Las Vegas residents have increasingly struggled to pay their bills. Many have experienced a great loss in the value of their homes, especially those that bought at the peak of the housing boom. Some are “underwater” with their mortages, and owe more on the house than it is worth. An unexpected illness and high medical bills, especially with the drastic increase in the cost of healthcare over the last few years has driven many people deep into dept without the ability to pay. Combine both of these situations with job loss and high unemployment, many people in Las Vegas have few options.
Declaring bankruptcy in Las Vegas may be the best way out for many deep in dept. Luckily there are a lot of resources available online to help those in needs. It’s a great idea to do your research prior to speaking to, or looking for a professional to help you through the bankruptcy process.
The FTC – http://www.ftc.gov/bcp/edu/pubs/consumer/credit/cre19.shtm – The Federal Trade Commission has a very informative site with steps on how to deal with dept and bankruptcy. It’s a great place to start.
The U.S. Courts – http://www.uscourts.gov/FederalCourts/Bankruptcy.aspx – The U.S. Courts have this helpful site with an overview of the bankruptcy protection laws as well as links to specific bankruptcy documents. This is a very valuable resource to learn more specifically about the laws governing bankruptcy.
Biz Journals – http://www.bizjournals.com/bizjournals/industries/bankruptcies/general/ – If you are looking for business specific bankruptcy news, check out Biz Journals. The offer up to date news and information sorrounding the latest bankruptcy news and hearings.
The American Bankruptcy Institute – http://www.abiworld.org//AM/Template.cfm?Section=Home – The American Bankruptcy Institute is the largest , non-partisan organization focusing on research and education on matters related to Bankruptcy. They’ve been around since 1982. Their website offers a cornucopia of bankruptcy information.
Credit.org – Run by the Springboard, an non-profit consumer protection agency, Credit.org is a good resource for consumers looking for advice and counseling for dept and bankruptcy issues. They are accredited by the Better Business Bureau, and have over 35 years of consumer protection experience.
If you are in debt and need help, you are not alone. Luckily there are numerous resources out there to help you with your situation. Many of the sites listed above are a great place to start on your journey towards a debt-free life.
For more information, set up your free Las Vegas Bankruptcy consultation with a professional with Haines & Krieger. Call 702-880-5554 today.