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Bankruptcy in Nevada: Exemptions and Filing Guide

State-specific bankruptcy exemptions and filing information for Nevada. These exemptions determine what property you can keep when filing Chapter 7 bankruptcy.

Data last updated: Jan 15, 2025

Key Takeaways

  • Homestead exemption: $605,000.
  • Vehicle exemption: $15,000.
  • Must use state exemptions (no federal option).
  • Attorney fees: $1,200–$2,000 (Ch. 7) / $3,000–$4,500 (Ch. 13) typical.
$605,000 Homestead exemption
$15,000 Vehicle exemption
No Federal option
$338 (Chapter 7) / $313 (Chapter 13) Filing fee

Nevada Bankruptcy Exemptions

  • Homestead$605,000
  • Vehicle$15,000
  • Personal property$12,000 household goods; $5,000 in books and art
  • WildcardNone
  • Federal exemptionsNot available

Means Test: Nevada Median Income

To qualify for Chapter 7 in Nevada, your income must be below the state median or you must pass the means test showing no disposable income for creditors.

  • 1 person$58,200
  • 2 people$72,400
  • 3 people$80,800
  • 4 people$93,600

Filing Costs

  • Court filing fee$338 (Chapter 7) / $313 (Chapter 13)
  • Typical attorney fee$1,200–$2,000 (Ch. 7) / $3,000–$4,500 (Ch. 13)
  • Court districtsDistrict of Nevada

Nevada bankruptcy court

Related Resources

Frequently Asked Questions

  • What is Nevada's homestead exemption?

    Nevada provides a very generous $605,000 homestead exemption for your primary residence. You must file a homestead declaration to claim the full exemption.

  • Can I keep my car in Nevada bankruptcy?

    Yes. Nevada's $15,000 vehicle exemption is sufficient to protect most standard vehicles.

  • Does Nevada allow federal exemptions?

    No. Nevada requires debtors to use state exemptions.

  • What happens to casino winnings in bankruptcy?

    Casino winnings are considered income and property of the estate. Timing relative to your filing matters for the means test and exemption planning.

Legal Disclaimer: FreeNetLaw provides general legal information, not legal advice. The information on this site is not a substitute for consultation with a licensed attorney. Laws vary by jurisdiction and change frequently. Always verify information with official sources and consult a qualified attorney for advice about your specific situation.

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