Vancouver

Overview Of Chapter 7 Bankruptcy

March 8, 2008

Chapter 7 is the more traditional type of bankruptcy, and is often referred to as a “liquidation” or “straight” bankruptcy. In a Chapter 7 proceeding, a trustee is appointed by the Court to oversee your case. The trustee has the responsibility of determining if you have any assets that are not considered exempt under the [...]

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Ten Things to Consider Before Getting a New Credit Card After Bankruptcy

March 8, 2008

1. Do not apply for a credit card until you are ready. It is a really bad idea to apply for new credit before you can afford it. Use the information, skills and insight you picked up in your consumer counseling sessions and make wise decisions. 2. Avoid accepting too many offers. There is very [...]

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15 Myths about Bankruptcy in Oregon and Washington

March 7, 2008

Myth 1: Everyone will know you have filed for bankruptcy. Unless you’re a prominent person or a major corporation and the filing is picked up by the media, the chances are very good that the only people who will know about a filing are your creditors and the people who you tell. While it’s true [...]

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Chapter 13 in Oregon and Washington

March 7, 2008

In both Oregon and Washington, Chapter 13 is a special aspect of the Bankruptcy Law. It allows you to file a plan that combines your debts and gives you a way to repay either all or some part of them while protecting you or your co-signer from harassment by creditors. If your financial problems cannot [...]

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