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

Can I Take Out Credit While I My Oregon Chapter 13 Bankruptcy is Pending?

In Oregon, the Confirmation Order signed by the Bankruptcy Judge approving your Chapter 13 Plan, specifies that you should not incur any credit obligations during the life of your plan without the Trustee’s written consent. The only times you can buy on credit without the Trustee’s written approval would be in an emergency(as you can imagine this is interpreted pretty narrowly) and in the case of ordinary expenses for a business approved in your plan.

What is a Chapter 13 Bankruptcy Plan?

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The Bankruptcy Code mandates that every Chapter 13  bankruptcy filing include a plan. In essence, a Plan is a summary sent to your creditors that lets them know how much you intend to repay and how long you are going to take to do it.

Protecting Your Tax Refund in a Washington Chapter 7 Bankruptcy

In the first few months of any given tax year, families across Washington eagerly wait for their tax refund checks to come back in the mail. For many Washington families, the whole refund process is really used as a savings device to get the money together to cover large out of pocket expenses that cannot be satisfied out of a bi-weekly paycheck. Fortunately, Washington consumers who wish to keep their refund checks while filing bankruptcy can usually accomplish these twin aims without risking the loss of a dime to their Chapter 7 Bankruptcy Trustee.

Oregon Bankruptcy and Keeping Tax Refunds

This is the time of year when families across both Oregon and Washington are eagerly awaiting tax refunds. It is also a time when many of these same families are considering seeking the protection of the Bankruptcy Court. Unfortunately these goals, keeping the refund and getting bankruptcy protection, are often at odds in the state of Oregon.

Considering Personal Bankruptcy? Not all Debts are Forgiven

iStock_000003523715XSmallOne of the most common myths about bankruptcy is that all of your debts will be forgiven. First, it depends what type of bankruptcy you file for.

Collectors Still Calling Your Cell?

 
Under some circumstances, a collector may invite substantial liability and end up turning over a pretty large check to a Washington or Oregon consumer for making collections calls to a cell phone. Federal law now places stringent limits on debt collectors using automated dialing machines. How often does this happen? If there are a few moments of silence on your line when you pick up a call, chances are good that the collector is using an auto-dialer. If the collection agency leaves a pre-recorded message, the odds are also great that the caller used an auto-dialer.

Two People Who Built Their Greatest Successes After Bankruptcy

iStock_000000985714XSmallFiling for bankruptcy is a difficult decision. Bankruptcy can come as a relief, but you may also feel a sense of failure. It isn’t the end of the world. In fact, it’s a new beginning.

3 More Common Myths About Bankruptcy

iStock_000008744322XSmallBankruptcy is a tool for helping people recover from overwhelming debt. It is a complicated tool, though. To help you understand your options better, let’s clear up some of most confusing myths about bankruptcy.

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