Peter McKittrick Appointed Judge of U.S. Bankruptcy Court in Oregon

The United States Court of Appeals for the Ninth Circuit has appointed of Portland attorney Peter C. McKittrick as a U.S. Bankruptcy Judge for the District of Oregon. Mr. McKittrick will fill a vacancy left in the wake the retirement of Bankruptcy Judge Elizabeth L. Perris. Mr. McKittrick is currently a partner with the Portland law firm of McKittrick 

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Chapter 13 Bankruptcy Hardship Discharge in Oregon

Often Oregon debtors in a Chapter 13 bankruptcy will hit a rough spot during their case and  request a hardship discharge rather than seek conversion to Chapter 7.  Conversion and hardship discharge are not one in the same. There are specific requirements that must be met before you can even be considered for a hardship 

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Medical Bankruptcy in Oregon

I often get questions from Oregon consumers about medical bankruptcy but there is no such thing. I think the myth that is out there is that there is some sort of specialized bankruptcy that enables the filer to get rid of medical bills only while keeping the credit cards going. The fact is that all 

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Oregon Home Purchase After Bankruptcy Filing

A personal bankruptcy does not have to bar an Oregon consumer from home purchase for very long.  Oregon bankruptcy filers  that went through a Chapter 7 bankruptcy must wait four years from the date of discharge before applying for a conventional loan. The waiting period, according to Fannie Mae, is just two years from discharge 

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How Long Can I Stay in the House After Surrendering It in My Oregon Chapter 7 Bankruptcy?

Oregon Debtors are often certain that they want to give up their houses in their upcoming Chapter 7 Bankruptcy, but no one likes a mystery when it comes to figuring out how much time they have in the property. The reality is that you will know exactly when you will have to leave, months before 

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Oregon Chapter 13 Bankruptcy for Homeowners New and Improved

The Oregon Bankruptcy Court’s recent ruling in In Re Watt requires a mortgage holder to accept title to a home surrendered in chapter 13 bankruptcy. Prior to In Re Watt, a borrower could surrender a home in Chapter 13 bankruptcy but wait for months, if not years, on end while the mortgage lender took its time foreclosing on 

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Bankruptcy and Credit Score

Oregon bankruptcy filers with bottom of the barrel credit scores might find that the quickest and easiest way to increase their credit scores in the wake of a bankruptcy filing is to become an authorized user on a family member’s credit card. As an authorized user, you get the benefits of someone else’s credit but 

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Chapter 13 Bankruptcy is Misunderstood

When  I meet with Oregon debtors for the first time in our Portland and Salem offices, I cannot help but notice that many of them are concerned that they will not qualify for Chapter 7 Bankruptcy. For many of them, the worry is that they will be forced to pay back all their creditors. They 

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Six Bankruptcy Mistakes for Oregon Debtors to Avoid

The federal bankruptcy laws promise a fresh financial start for the honest but unfortunate Oregon debtor.  Any Oregon consumer considering bankruptcy should take care to avoid making any of the following mistakes. Mistake #1: Incurring Debts Close to Filing Bankruptcy Some people decide to charge up credit cards or take payday loans just before filing 

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New Study on Chapter 13 Bankruptcy

Economists with the National Bureau of Economic Research recently examined a half million bankruptcy filings in the United States in order to evaluate the effect of bankruptcy laws on consumers. They have confirmed what many consumers in Washington and Oregon have long suspected. Namely that the bankruptcy code is an incredibly effective social insurance policy. 

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