Bankruptcy filings in Nevada are processed through the United States Bankruptcy Court for the District of Nevada, with divisions in Las Vegas and Reno. Most individual filers choose between Chapter 7, which discharges unsecured debts after liquidation of non-exempt assets, and Chapter 13, which restructures debt into a 3-to-5-year repayment plan while allowing filers to keep property. Nevada's exemptions play a critical role in determining what a debtor can protect: the homestead exemption allows filers to protect up to $605,000 in home equity under NRS § 21. 090, which is among the more generous in the western United States. Nevada's economy creates specific bankruptcy patterns. Gaming-related debts, hospitality industry job losses, and real estate market downturns have historically driven filing spikes in Clark County. The means test, which measures a debtor's income against Nevada's median income figures, determines eligibility for Chapter 7. As of early 2026, the Nevada median income threshold for a single-person household is updated periodically by the U. S. Trustee Program and directly affects whether filers qualify. ReachAttorneys can connect you with a Nevada bankruptcy attorney who can assess your situation and recommend the right path forward.