Can You File for Chapter 7 Bankruptcy? Unveiling the Income Limits
Living in Portland, OR and struggling with overwhelming debt? You might be considering Chapter 7 bankruptcy as a way to achieve a fresh financial start. This legal process allows you to discharge most unsecured debts, providing much-needed relief.  However, eligibility for Oregon Chapter 7 income limits play a role in determining if this is the right option for you.
Quick Summary:

Let’s schedule a meeting now. We know the Trustee will object.
When your Zoom meeting with Thomas Gorman is over, he’ll go back to his desk and send us his objections to our Chapter 13 plan. He always does.

Bankruptcy and Credit Cards: What You Need to Know
Bankruptcy is a tough journey, often marked by financial stress and uncertainty. However, it’s not the end of the road but rather a new beginning towards financial recovery. One significant step in this journey is rebuilding credit. Among the tools available for rebuilding credit, credit cards stand out as powerful tools if managed wisely. Getting a credit card after bankruptcy is possible, but it might take some extra effort.

Bankruptcy and Credit Cards: What You Need to Know
Bankruptcy is a tough journey, often marked by financial stress and uncertainty. However, it’s not the end of the road but rather a new beginning towards financial recovery. One significant step in this journey is rebuilding credit. Among the tools available for rebuilding credit, credit cards stand out as powerful tools if managed wisely. Getting a credit card after bankruptcy is possible, but it might take some extra effort.

“You mean to tell me you don’t have any underwear!”
 
When I was much younger, I practiced bankruptcy law in Baltimore City. Judge Kiser, the bankruptcy judge, made people inventory their underwear.  

Whether You Can File Chapter 7 Bankruptcy and Keep Your House Depends on Your State Homestead Law
Until 2020, Virginia had the worst bankruptcy homestead protection in the country. Single homeowners (Virginia has great protection for real estate owned by married couples), could protect only $5000. That was written in the Virginia Code in 1919, when $5000 would have protected almost every house in Northern Virginia.

Before Bankruptcy, There Are Two Ways Your Credit Score Tricks You
 
Are you worried about what bankruptcy will do to your credit score?
Your credit score is the tool the banks and credit card companies use to trick you into paying them, even when you can’t afford it. Think for a moment. Is your credit score more important than feeding your children?  Probably not.