oregon bankruptcy

Buying a Home After a Bankruptcy Proceeding

September 20, 2011

Many people in dire fiscal trouble may be unwilling to declare themselves bankrupt, based on the perception that it will be nearly impossible to buy a house after filing for bankruptcy. It may be tougher to find a lender ready to take a chance on you, and the interest rates may be higher. But, it [...]

Read the full article →

Divorce Proceedings and Personal Bankruptcy

September 8, 2011

Finances are unquestionably the cause of many marital problems, but for many couples, claiming personal bankruptcy before divorcing will help them get their financial life back in order. For many of us there remains a poor stigma about bankruptcy, but if financial issues are part of the dissension inside their partnership, personal bankruptcy can certainly [...]

Read the full article →

Largest Privately Held Oregon Company on Cusp of Bankruptcy

September 5, 2011

After failing to sell bonds required for a rescue deal, Jeld-Wen Inc., Oregon’s largest privately held company, is now on the cusp of bankruptcy. A window-and-door maker, based in Kalamath Falls, employing 2,500 in Oregon, Jeld-Wen has shut down plants, liquidated assets, cut spending and laid off workers in the wake of a downturn stemming [...]

Read the full article →

Understanding the New Bankruptcy Laws and Regulations

August 29, 2011

Although it is possible for you to steer your way through individual bankruptcy without legal help, it’s not always the best idea. People considering declaring bankruptcy will be much better served by contacting a qualified and experienced bankruptcy attorney, who is trained in the new laws connected with federal bankruptcy. As times change and the [...]

Read the full article →

Oregon Judgment Liens in Bankruptcy

August 10, 2011

A court typically orders the payment of money from one person to another. But the person who owes the money doesn’t always pay up. A judgment lien is one way to ensure that the judgment creditor gets paid. A judgment lien gives the creditor the right to be paid a certain amount of money from [...]

Read the full article →

Refiling a Chapter 7 Bankruptcy Case in Oregon or Washington After a Failed Means Test

September 6, 2010

In both Oregon and Washington, there are normally penalties for filing subsequent bankruptcy cases within one year after a prior case has been dismissed. The main penalty is that the automatic stay, which bars creditors from initiating or continuing any action against the debtor, ends exactly 30 days after the petition is filed. In the [...]

Read the full article →

I Missed My Mortgage Payments During My Chapter 13

May 2, 2009

 The most immediate result of missing your mortgage payment during your Oregon Chapter 13 is the filing of a Motion For Relief From Stay by your lender’s attorney.   A Motion For Relief From Stay, if granted by the Portland Bankruptcy Court, enables your lender to foreclose on the property during your Chapter 13 Bankruptcy because [...]

Read the full article →

What do I need to provide the Portland Chapter 13 Trustee prior to my hearing?

May 1, 2009

No later than two weeks before your Portland Chapter 13 Creditors Meeting, the Chapter 13 Bankruptcy Trustee requires  the following items:  1.) Any documents showing the last sixty days worth of income including pay stubs, 401k distributions, documentation of unemployment, pension payments and so on. 2.) Your most recent filed federal and state tax returns. 3.) Bank [...]

Read the full article →

When Do I Stop Paying the Portland Chapter 13 Bankruptcy Trustee?

April 29, 2009

You or, more likely, your employer should keep making payments until the Portland Chapter 13 Trustee specifically requests that the payments cease. The Trustee will inform your employer directly when the payroll deductions are no longer required and should cease. Depending on whether your income places you below or above Oregon’s median income level, you [...]

Read the full article →

The Disposable Income Requirement In Chapter 13

April 24, 2009

The Bankruptcy Code requires that you to send all your disposable income to the Chapter 13 Trustee for at least three years and in some cases for up to five years. Your disposable income is the amount left over after you subtract your reasonable and necessary living expenses from your net income. This amount is [...]

Read the full article →
Page 1 of 212