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All bankruptcy courts charge a $338filing fee to file a Chapter 7 bankruptcy. You must pay the fee when you file your bankruptcy forms.
Once you have filed your case, it depends which kind of bankruptcy you have filed, to determine how long it's going to take to get to the end until you're done. For a Chapter 7 bankruptcy, which is the most common type of bankruptcy, it typically takes about three months.
If you file for chapter 7 bankruptcy in Nevada, state law permits you to keep certain property (?exemptions?) such as up to $605,000 of equity in your home, up to $15,000 of equity in your car, and up to $1 million in certain retirement plans.
While no specific cash exemption is listed in the federal bankruptcy exemptions, a wildcard exemption allows you to protect up to $1,325 in any property and use up to $12,575 of any unused portion of a homestead exemption to protect money.
If your total monthly income over the course of the next 60 months is less than $7,475 then you pass the means test and you may file a Chapter 7 bankruptcy. If it is over $12,475 then you fail the means test and don't have the option of filing Chapter 7.