Chapter 13 Bankruptcy in Las Vegas
Restructure Your Debt, Save Your Home, and Keep Everything You Own
Or Call Us Now: 702-605-5070
What Is Chapter 13 Bankruptcy?
Chapter 13 bankruptcy — known as “reorganization bankruptcy” — allows individuals with regular income to restructure their debts into an affordable 3 to 5 year repayment plan, while keeping all of their property.
Unlike Chapter 7, Chapter 13 is not about wiping out debt overnight — it’s about creating a manageable path forward that stops foreclosure, eliminates certain secured debts, and gives you time to catch up on mortgage or car payments.
The moment your Chapter 13 case is filed, the automatic stay goes into effect, immediately halting all creditor collection activity, garnishments, and foreclosure proceedings.
Key Benefits of Chapter 13 Bankruptcy
Chapter 13 offers powerful protections that Chapter 7 cannot provide:
🏠 Stop Foreclosure
Filing immediately halts foreclosure proceedings and allows you to catch up on missed mortgage payments over 3–5 years.
🚗 Save Your Vehicle
Catch up on car loan arrears through the plan, and potentially reduce your interest rate or the amount owed (“cramdown”).
💳 Eliminate Unsecured Debt
You only pay back a portion of unsecured debt (credit cards, medical bills) based on your disposable income. The rest is discharged.
🏦 Strip Second Mortgages
In certain situations, Chapter 13 can eliminate a second mortgage or HELOC entirely if your home is worth less than the first mortgage balance.
Who Is Chapter 13 For?
Chapter 13 is ideal for individuals who:
- ✅ Own a home and want to stop foreclosure
- ✅ Have regular income (employment, self-employment, or benefits)
- ✅ Have assets to protect that would be at risk in Chapter 7
- ✅ Don’t qualify for Chapter 7 due to income level
- ✅ Are behind on mortgage or car payments and need time to catch up
- ✅ Want to strip a second mortgage from an underwater home
Debt limits apply. As of 2024, secured debt must be under ~$1.4M and unsecured under ~$465K to qualify.
Why the Riggs Law Firm for Chapter 13?
Dan Riggs spent over a decade representing a Chapter 13 Bankruptcy Trustee in Nevada. He helped author the Nevada Plan Form and establish the Mortgage Modification Mediation Program. When it comes to Chapter 13, few attorneys in Nevada know the system better from the inside.
He knows exactly what trustees look for — and how to structure your plan for approval the first time.
No piles of documents for you. We prepare everything from start to finish.
$5,000 flat fee for basic Chapter 13 cases. We work with you on payments.
We guide you through rebuilding your credit so this is a permanent fresh start.
Dan Riggs — Las Vegas Bankruptcy Attorney
Frequently Asked Questions About Chapter 13
How long does Chapter 13 take?
Chapter 13 repayment plans run 3 to 5 years. If your income is below the Nevada median, you can propose a 3-year plan. If above the median, the plan runs 5 years. After completing all plan payments, your remaining unsecured debt is discharged.
Can Chapter 13 really stop foreclosure?
Yes — immediately. The moment your Chapter 13 case is filed, an automatic stay stops all foreclosure proceedings. You then have the duration of your repayment plan (3–5 years) to catch up on missed mortgage payments through your plan. The Riggs Law Firm has helped dozens of Las Vegas homeowners save their homes through Chapter 13.
How much does Chapter 13 cost?
The Riggs Law Firm charges $5,000 for a basic Chapter 13 case. This is a flat fee covering attorney fees and all document preparation. The $313 court filing fee is additional. We offer payment arrangements to ensure cost is never a barrier to getting the protection you need.
Will I lose my car in Chapter 13?
No. In Chapter 13, you keep your car while catching up on any missed payments through your plan. If your car loan interest rate is high, we may be able to reduce it. If you owe more than the car is worth and have had the loan for more than 910 days, a “cramdown” may allow you to reduce what you owe to the car’s current value.
What happens if I miss a plan payment?
If you miss payments, your Chapter 13 case can be dismissed by the trustee. However, if you experience a temporary hardship, we can file a motion to modify your plan or to suspend payments temporarily. The Riggs Law Firm will work with you throughout the 3–5 year plan to ensure you stay on track.
Can I file Chapter 13 more than once?
Yes. There is no limit on the number of times you can file Chapter 13, though there are waiting periods that apply if you previously received a discharge. Call us to discuss your specific situation and history.
Ready to Save Your Home and Restructure Your Debt?
Get a FREE consultation with Chapter 13 expert Dan Riggs. No judgment. No pressure. Just real solutions.
📞 Call Now: 702-605-5070