If you live in Las Vegas, Nevada and are looking to file bankruptcy,  you should be aware of the median income. The median income is used for the “Means Test” in determining whether you qualify to file under Chapter 7 or Chapter 13.  To qualify for Chapter 7 in Las Vegas, Nevada, the your income must typically be below the median income.

As of May 1, 2020, the revised median income figures for Nevada released by the United States Trustee will apply to bankruptcy cases filed after that date under Chapter 7 and Chapter 13.   The new figures reflect a slight increase in median income in Nevada for certain family sizes.

   Median Income
Household Size Annual Monthly
1 Earner $52,449 $4,371
2 People $65,756 $5,480
3 People $74,856 $6,238
4 People $81,528 $6,794
5 People $90,528 $7,544
6 People $99,528 $8,294
7 People $108,528 $9,044
8 People $117,528 $9,974

Add $9,000 (or $750/month) for each additional person.  For additional information on how to calculate your household size or for information regarding how the median income is used in determining whether you qualify for Chapter 7 and/or Chapter 13, please contact the Las Vegas Nevada bankruptcy attorneys at Luh & Associates.

Please keep in mind that the Bankruptcy Court has no jurisdiction (i.e., power) over credit reporting agencies.  However, pursuant to the Fair Credit Reporting Act (FCRA), 6 U.S.C Section 605, credit reporting agencies may not report a bankruptcy case on a person’s credit report after ten years from the date the case is filed. Other negative credit information is removed after seven years.

The Federal Trade Commission, Bureau of Consumer Protection can provide further information on reestablishing credit and addressing credit issues.

If you would like to to view your credit report for free, AnnualCreditReport.Com is the only source free credit reports authorized by federal law.


Luh & Associates would like to thank our clients and peers whose trust enabled Jason Ferris and Craig Slater (cover page) to be recognized this year in Nevada Business Magazine’s Legal Elite, 2017.

You can read about their selection here.

“Surround yourself with the best people you can find . . .” – Ronald Reagan

las vegas bankruptcy judge gavelYou have your bankruptcy lawyer in Las Vegas and you coordinated with your bankruptcy trustee. You’re ready to have your meeting of creditors. You’re on your way to a debt-free life. However, there is one person who stands in the way. During your bankruptcy petition, you may face the ultimate decision maker in your case: your bankruptcy judge.

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There is one relatively cheap way to declare bankruptcy in Las Vegas.

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When you decide to file for bankruptcy, it can seem like the end of the world. Even if we file for the first time, we have nightmarish images of losing our possessions and livelihood.

Questions preoccupy our thoughts: What will I do next? How will I move on? What will people think?

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