Nevada Probate Basics

Christopher J. Phillips, Esq., explains when a probate is required in the state of Nevada.

Reasons for Initiating Probate

The probate process begins after a family member dies and someone, either the executor of the will or a family member, initiates proceedings in probate court.  There are certain reasons why an estate would need to be probated.  First, property that is owned solely in an individual’s name must always be probated.   This applies even […]

New HAMP Guidelines Take Effect June 1, 2010

The federal government provided new Home Affordable Modification Program (HAMP) outreach and communication guidelines for foreclosure actions while evaluating the borrower.  These guidelines provide additional protection for delinquent borrowers who have filed bankruptcy but would otherwise be eligible for HAMP benefits. Some key highlights from the directive include: FORECLOSURE The servicer must evaluate the borrower’s […]

Four Questions To Ask A Bankruptcy Lawyer Before Signing

Should I file for bankruptcy or do I have other options? While this question might be broad, it allows your lawyer to discuss all of your options.  Your lawyer can discuss the benefits of Chapter 7 and Chapter 13, as well as options other than bankruptcy that you may not have considered yourself.  This overview […]