Nevada Bankruptcy Laws

Homestead

Residential or dwelling home with the land including the land beneath it owned by the debtor up to the extent of $ 200,000 or up to the extent of $ 200,000 for the dwelling house owned by the debtor but the land owned by another ( Such as Residential Apartments).

Wages

75 % of the disposable earnings or 30 times the federal minimum hourly wages per week whichever will be greater.

Book

Private library owned by the debtor up to the quantum of $ 1,500.

Household Goods

Necessary house goods required for regular domestic purpose up to the extent of $ 10,000.

Agricultural machinery, tools and stocks

Farmhouse truck, stock, tools equipments and seeds up to the extent of $ 4,500.

Professional Tools and Implements

Books, tools and other implements required for carrying out trade and profession are exempted up to the extent of $ 4,500. Mining professional's cabin, cars, implement and concerned professional implements up to the extent of $ 4,500.

Automobile

One motor vehicle worth up to the extent of $ 15,000.

Life Insurance Benefit

Life insurance benefit of amount purchased by $1,000 annual premium.

IRA Plan Benefit

Money held in IRA, employee pension plan, stock bonus, or other pension plan up to the extent of $ 500,000.

Personal Injury Benefits

Compensation benefit for personal injury up to the extent of $ 16,150.

Annuity Contract Proceeds

Annuity contract proceeds up to the extent of $ 350.

Total or Absolute Exemptions for

  • Family Pictures and Portraits.
  • Support and Alimony Payments.
  • Professionally Prescribed Prescription.
  • Reimbursement of Criminal Act.
  • Life insurance proceeds for dependents of the insured.
  • Health and Disability Insurance Payments.
  • Fraternal Benefit Society Benefit.
  • Unemployment Compensation Benefit.
  • Industrial Compensation Benefits.
  • Legislator's Compensation Benefits.
  • Public Employee's Retirement fund.
  • Specific Partnership Property.
  • Public Assistance Payments.

Court's Address

U.S. Bankruptcy Court District of Nevada

Court's Phone Number

(702)388-6257

Court's Email Address

USBC_NEVADA@nvb.uscourts.gov

Court's Hours

900 AM - 400 PM

Jurisdictional Counties

All Counties

Court Locations

Las Vegas Foley Federal Building 300 Las Vegas Boulevard South
Las Vegas, NV 89101(702) 388-6257Reno C. Clifton Young Federal Building 300 Booth Street Reno, NV 89509(775) 784-5559

Judges

Hon. Bruce A. Markell (U.S. Bankruptcy Court)300 Las Vegas Blvd., S.
Las Vegas, NV 89101(702) 388-6505Hon. Linda B. Riegle (U.S. Bankruptcy Court)300 Las Vegas Blvd., S. Las Vegas, NV 89101(702) 388-6192Hon. Mike Nakagawa (U.S. Bankruptcy Court)300 Las Vegas Blvd., S. Las Vegas, NV 89101(702) 388-6707Hon. Gregg W. Zive (Chief Judge, U.S. Bankruptcy Court)300 Booth St. Reno, NV 89509(775) 784-5017

Clerks

Mary A. Schott (Bankruptcy Clerk, U.S. Bankruptcy Court)300 Las Vegas Blvd., S. Las Vegas, NV 89101

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