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What Happens If You Hit an Uninsured Driver in Nevada?

What Happens If You Hit an Uninsured Driver in Nevada?

In the wake of devastating accidents, motorists across the country rely heavily on liability insurance to seek compensation for the extensive financial losses they suffer; Nevada knows this, and as such, has done its best to enact policies to ensure that people won’t have to go without compensation. Nevada’s liability insurance minimums dictate a mandatory level of liability coverage for all motorists in Nevada: $25,000 of coverage for bodily injury, per person $50,000 of coverage for bodily injury, per accident $20,000 of [...]

What is Chapter 7 Bankruptcy and How Do I Qualify?

What is Chapter 7 Bankruptcy and How Do I Qualify?

Unlike Chapter 13 bankruptcy, Chapter 7 bankruptcy is filed when you need to wipe out all your debts right away. Most people choose this type of bankruptcy when they are desperate and have no other option. While chapter 7 bankruptcy can help you escape your debts, filing for this type of bankruptcy comes at the cost of losing some of your property and financial assets. Making this decision is not always easy and some people benefit from the guidance of [...]

What Happens If Your Car is Totaled in an Accident?

What Happens If Your Car is Totaled in an Accident?

Total loss car accidents in Nevada are surprisingly frequent, with anywhere from 5-30% of all claims resulting in a total loss evaluation, depending on the age of the vehicle. If you’ve been in one such accident, you might be confused as to what “totaling” a car actually means, especially if your vehicle is still operable. To better understand what a total loss implies, let’s start with the concept of a total loss threshold. Nevada’s total loss threshold is 65%, which [...]

Is it Possible to Have My Student Loans Discharged in Bankruptcy?

Is it Possible to Have My Student Loans Discharged in Bankruptcy?

The fact that other loans and debts can be discharged in bankruptcy makes many college students wonder if they can have their student loans discharged in bankruptcy. A fair amount of college students are struggling after college to find a job and pay for rent, let alone pay for high student loan debts each month. Some former students claim their student loan payments are higher than their rent. Balancing all of these expenses at once can bring a person [...]

Do Liability Waivers Prevent You From Suing?

Do Liability Waivers Prevent You From Suing?

You’ve probably signed liability waivers more frequently than any other type of contract in your life; these days, nearly all physical activities and outings involving more than just yourself require one. By accepting that you have a certain chance of being injured or killed during an activity, you can take proper measures to protect yourself, and the company can rest assured that you won’t burn a hole in their wallet should you be hurt in the process. If you [...]

What Does it Mean to File Chapter 13 Bankruptcy?

What Does it Mean to File Chapter 13 Bankruptcy?

When you are falling behind on debts and you feel pressured by your creditors to meet the payment deadlines, you may find yourself left with the only option left, filing for bankruptcy. There are different types of bankruptcy called chapters and each is filed for different reasons. Chapter 13 bankruptcy comes with certain options that other forms of bankruptcy do not come with. Knowing when you can file for chapter 13 bankruptcy, what you can use this type of [...]

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