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

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How to Stop Wage Garnishment

Submitted by Anonymous (not verified) on Sat, 12/05/2020 - 16:16

If you’re dealing with debt, chances are your wages are being garnished to pay off a portion of what you owe. Wage garnishments can be overwhelming, especially when going through financial hardship. Read on to learn how to stop wage garnishments through the debt relief options available to you.
What is a wage garnishment?

Chapter 13 Filings: Bankruptcy Proceedings and Trustees

Submitted by Anonymous (not verified) on Wed, 11/25/2020 - 13:34

Bankruptcy is a legal proceeding that enables an individual (or a company) to have their debts discharged. Before filing, it is best to consult with a bankruptcy lawyer for you to know your options. There are several types of bankruptcy and the bankruptcy case you will opt for will largely depend on your situation.

Questions to Ask About Filing Bankruptcy

Submitted by Anonymous (not verified) on Wed, 11/18/2020 - 13:19

A bankruptcy filing is a legal procedure that can reduce, reorganize, or wipe-out your debts. Some people attempt to file for insolvency on their own. However, getting the service of a bankruptcy attorney will allow you to file for bankruptcy minus the stress. It would help you enjoy bankruptcy protection through the automatic stay. After declaring bankruptcy, a bankruptcy trustee would be appointed to handle bankruptcy filings.
What is a Bankruptcy Trustee?

Tired of Debt Collection Calls? Here’s What You Can Do

Submitted by Anonymous (not verified) on Wed, 11/11/2020 - 11:17

Have you been on the receiving end of collection calls or collection letters due to delinquent debt payments? It is stressful enough to be dealing with debt. However, constantly hearing from your debt collection agency can also be both tiring and intimidating. If you’re a borrower who is guilty of having past-due bills, you don’t have to endure such harassment. There are ways to help you attain debt-relief and consumer protection against such demanding phone calls. 

Average Bankruptcy Filing Costs for Chapter 7 and Chapter 13

Submitted by Anonymous (not verified) on Wed, 11/04/2020 - 13:36

Filing bankruptcy is the debt relief option for debtors who are struggling with debt, but bankruptcy filings have their costs. Since you’re already tight on money when you file for bankruptcy, it’s important to have an estimate of how much you’ll need to pay in the two types of bankruptcy, which are Chapter 7 or Chapter 13 bankruptcy filing. Read on to learn about the average costs of filing for Chapter 7 or liquidation bankruptcies and Chapter 13 or wage earner’s plan.

What You’ll Pay For
Chapter 7
Chapter 13

What A Trustee Does in A Chapter 13 Bankruptcy Case

Submitted by Anonymous (not verified) on Thu, 10/29/2020 - 14:57

If you’ve decided to file a Chapter 13 bankruptcy, then you’re probably wondering why the bankruptcy court appointed a trustee over your case. Bankruptcy trustees are there to guide debtors in creating their repayment plan and make sure that the three-to-five-year payment plan is followed to the letter. 

Consumer Bankruptcy: Types of Bankruptcies

Submitted by Anonymous (not verified) on Wed, 10/21/2020 - 12:05

Deciding to file for bankruptcy is one thing, but knowing which types of bankruptcies to file is another. Individuals who are struggling with debt can avail of the different types of bankruptcies to eliminate or restructure their debts, but it’s important to know how your circumstances affect your bankruptcy filing. This article discusses the requirements for eligibility and advantages of the two types of consumer bankruptcy: Chapter 7 bankruptcy and Chapter 13 bankruptcy.
Chapter 13 Bankruptcy

How to Rebuild Credit and Tips in Improving Your Credit Score

Submitted by Anonymous (not verified) on Wed, 10/14/2020 - 13:18

It is crucial to build your credit. Some people don’t realize how a good credit rating affects their lives significantly. A credit file is not only a matter of concern for a lender. Good credit makes life less costly, and financial situations much more manageable. With a good credit score, an auto loan or mortgage is approved with the best interest rates and terms. When they check your credit and see good ratings, you usually pay less for more in insurance, and utility companies start a service with little deposit after they check your credit report.

Declaring Bankruptcy: Looking into Your Options

Submitted by Anonymous (not verified) on Wed, 10/07/2020 - 13:15

Bankruptcy laws provide specific information on the different types of bankruptcy. Among others, there is personal bankruptcy, consumer bankruptcy, and business bankruptcy. If you find yourself having trouble with debt-settlement or if you know you won’t be able to repay a creditor with what you owe, you may want to file for bankruptcy.

Can You File Another Bankruptcy After a Court Discharge?

Submitted by Anonymous (not verified) on Mon, 09/28/2020 - 15:43

Did you know that it’s possible to file bankruptcy more than once? For former debtors, a bankruptcy petition paves the way for a fresh start and a bright financial future. However, an unexpected turn of events such as sudden illness in the family, loss of income, or closure of business can spark another round of financial burden. 
The good news is that even if you have a prior bankruptcy record, you may still submit a new petition after you fulfill the time requirement specified under the bankruptcy code.

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