Articles from Oregon Bankruptcy Lawyer | Portland, Salem, and Vancouver, Wa

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What are the Top Causes of Bankruptcy?

Submitted by Anonymous (not verified) on Sat, 04/06/2019 - 10:45

A common misconception is that irresponsible people are the ones who usually file for bankruptcy. However, nothing could be farther from the truth. While it is true that bad budgeting or overspending may be attributed to being irresponsible, managing money is harder than ever thanks to inflation. Thus, a combination of bad budgeting and a habit of spending too much money can cause your debt to skyrocket and lead you to bankruptcy a lot faster than ever expected.

Which Type of Bankruptcy is Better for A Small Business Owner Like Me?

Submitted by Anonymous (not verified) on Thu, 03/28/2019 - 08:27

When you find your small business in the red, bankruptcy may be your best option. Restructuring your debts under Chapter 11 or Chapter 13 (with certain limitations) may be the saving grace to keep your company afloat.
On the contrary, if you are planning to close down your business, a “straight” or “liquidation” bankruptcy may be the better way out.
How does reorganization help my small business?

Can A Self-Employed Individual File For Bankruptcy?

Submitted by Anonymous (not verified) on Tue, 03/19/2019 - 08:49

Yes, you may file a Chapter 7 or Chapter 13 bankruptcy as long as you can establish and prove your average income for the six months prior to filing your case.
If you are self-employed or an independent contractor looking into filing Chapter 7 or Chapter 13 bankruptcy,  you need to verify your income. While it is a requirement for all bankruptcy filers to report and document their income, this can be tricky for the self-employed. So, how do you go about verifying your income?
What is the Purpose of Income Verification in a Chapter 7 or Chapter 13 Bankruptcy Filing?

What Can Bankruptcy Attorneys Do For Me?

Submitted by Anonymous (not verified) on Sat, 02/16/2019 - 11:31

If you are considering bankruptcy in Seattle, you must already be in a dire financial situation. As such, you probably think it is better if you file bankruptcy on your own to save on attorney’s fees. However, you may not be aware that it is a big and expensive mistake. The fact remains, working with an experienced Seattle bankruptcy attorney will not only save you money but also time and the stress brought about by bankruptcy proceedings.

WiIl Your Credit Score Be Seriously Affected By A Bankruptcy Filing in Seattle?

Submitted by Anonymous (not verified) on Thu, 02/07/2019 - 16:42

You may be thinking of filing for Chapter 7 or Chapter 13 bankruptcy in Seattle if you are in the midst of a challenging financial situation. But, at the back of your mind, you are thinking of its possible negative impact on your credit score and how a bankruptcy on record can affect your ability to take out loans or get approved for financing in the future.
Even if your credit score may be affected by a bankruptcy filing, it is not for the long-term. In fact, there are some circumstances where a bankruptcy filing is actually what will work best in your financial situation.

Chapter 13 Bankruptcy in Tacoma

Submitted by Anonymous (not verified) on Mon, 11/05/2018 - 15:56

Who gets paid first in a Chapter 13 Bankruptcy case in Tacoma?

Chapter 13 Trustee in Seattle

Submitted by Anonymous (not verified) on Tue, 10/02/2018 - 00:08

Retiring Chapter 13 Trustee in Seattle
After more than 19 years as the Chapter 13 Trustee in Seattle, Mike Fitzgerald will retire on September 30, 2918. The United States Trustee has announced the appointment of Jason Wilson-Aguilar as the Chapter 13 Standing Trustee for Seattle, effective October 1, 2018.
After nearly two decades as the Chapter 13 Trustee in Seattle, Mike Fitzgerald retired on September 30, 2018. The United States Trustee has announced that Jason Wilson-Aguilar will be replacing him as the Chapter 13 Standing Trustee for Seattle starting today.

Amending Bankruptcy Forms

Submitted by Anonymous (not verified) on Fri, 09/21/2018 - 01:57

The best ways handle Amending Bankruptcy Forms in Tacoma
Amending bankruptcy forms is usually necessary if you discover a mistake in your bankruptcy forms, petition, schedules, or other paperwork, you can fix it easily by filing an amended version of the form. The bankruptcy rules enable filers to amend their forms any time prior to they receive a final discharge.
Filing an Amended Bankruptcy Form in Tacoma

Tacoma bankruptcy process

Submitted by Anonymous (not verified) on Wed, 09/12/2018 - 00:34

What is the Tacoma bankruptcy process

Tacoma Bankruptcy Attorney

Submitted by Anonymous (not verified) on Tue, 09/11/2018 - 23:53

How to choose a Tacoma bankruptcy attorney

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