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Terry L.
Terry L., Attorney
Category: Bankruptcy Law
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Experience:  Better Business Bureau. 18yrs bankruptcy experience. Chicago Bar Assoc. American Bankruptcy Institute member.
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I live in Nevada. Can a 12yr old motorhome that has no debt

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I live in Nevada. Can a 12yr old motorhome that has no debt and I live in fulltime be homesteaded?
Hi and thanks for your question.
Below is the homestead exemption in Nevada. If the mobile home is worth less than $550,000 then it will be exempt. You have to declare the exemption and record it before filing. Talk to a local bankruptcy attorney to review that process. most offer free consultations. good luck


115.010 & 115.020 - Real property or mobile home up to $550,000. Must record a homestead declaration before filing for bankruptcy (115.020).

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