Nevada Bankruptcy News

Recent News about Nevada Bankruptcy

• Nevada sees average auto debt drop -- National delinquency rate falls in second quarter.
• Study finds increasing bankruptcy among older Americans -- Number of filings from those aged 55 and older grew 61 percent in a five-year period.
• Nevada sees highest credit card delinquency rate -- Second quarter sees 1.11 percent of accounts late on payment in the state.
• Nevada sees highest home loan delinquency rate -- The second quarter saw 15.86 percent of mortgages behind on payment in the state.
• Nevada transit group looks to file bankruptcy -- Facing a lawsuit, the South Tahoe Area Transit Authority is looking for Chapter 11 protection.
• Nevada tops on foreclosure list for 43 months -- One in every 82 units in the state faced a filing in July.
• Nevada foreclosure prevention program helps 43 percent of participants -- The mediation program helps lenders and borrowers come to an agreement that will allow consumers to keep homes.
• Silver State tops bankruptcy filing numbers -- Approximately one in every 55 households faced a bankruptcy filing in Nevada through July.
• Nevada continues to be state with highest stress -- California and Arizona were also in the top five in the Associated Press' monthly analysis.
• For metro foreclosure rates, Las Vegas continues to hold the top spot -- More than half of the cities with the highest foreclosures rates are located in California, Nevada and Arizona.
• Help understanding loans being offered to Nevada residents by law firm -- Along with credit basics, attorneys will explain the purpose of a credit report and what people can do if they are in financial trouble.
• Nevada posts highest foreclosure rate so far in 2010 -- While the Silver State came in first, Arizona placed second.
• June bankruptcy filings in Nevada continue to race past national levels -- The Silver State saw more than twice the national average of households filing bankruptcy.
• As some avoid foreclosure, Nevada and others seeing high stress -- The Economic Stress Index shows that Nevada is facing the highest strain in the country among its counties.
• Nevada leads in foreclosure sales -- Sixty-four percent of sales in the state were for foreclosed properties.
• Highest foreclosure rate seen in Nevada -- RealtyTrac noted that one in every 79 homes in Nevada faced foreclosure in May.
• AP: Nevada remains most stressed state in April -- Those filing bankruptcy and foreclosures continue to put pressure on Nevada.
• Those trying to file bankruptcy in Nevada outpace national average -- Twice the national rate was seen in the Southwestern state.
• Nevada bankruptcy filings increase, court reports -- The number of those filing bankruptcy in the state rose nearly 14 percent in April, according to the state bankruptcy court.
• MBA: Foreclosures, delinquencies highest in Nevada -- Nevada's foreclosure rate in the first quarter was 3.23 percent, according to the Mortgage Bankers Association.
• Nevada has highest credit card delinquency rate -- TransUnion reports 1.79 percent of credit card accounts in Nevada are late on payment.
• Nevada has highest Chapter 7 bankruptcy rate -- Overall and Chapter 7 bankruptcy rates were highest in Nevada, according to a recent report.
• While others may avoid foreclosure, Nevada delinquency remains highest -- Mortgage loan delinquency rates fell during the first quarter, though Nevada's still remains the highest in the nation, according to a recent report from TransUnion.
• Nevada posts twice the national average for households filing bankruptcy -- Recent data from the National Bankruptcy Research Center shows that Nevada and California posted high numbers of households filing bankruptcy through April.
• AP: Nevada has most economic stress in March -- Although recent analysis by the Associated Press shows some people in Nevada may have been able to avoid foreclosure, the state still remains the most economically stressed in the country.