NWDRLF

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So far NWDRLF has created 599 blog entries.
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Nonexempt Property In Bankruptcy: What Is It and What Can Be Done?

When faced with bankruptcy, we usually think of selling our possessions or having creditors seize them. Many fear this very notion since it always gives them thoughts of losing everything and I mean everything they worked so hard for. Of course, this won’t happen instantaneously. Creditors won’t just magically show up at your door [...]

2022-02-09T20:11:07-08:00

Can I File A Chapter 7 After Chapter 13?

Chapter 13 and Chapter 7 bankruptcy are the most common types of bankruptcies. People file either of these depending on their financial condition and debts. After you have filed for a Chapter 13 bankruptcy, you may be able to convert your case into one that will result in a discharge of debt.  But can you [...]

2021-11-12T00:18:12-08:00

How To File Chapter 13 Bankruptcy

If you've been having financial problems and need help getting them under control, chances are you've heard of filing for bankruptcy. But if you're not familiar with the process of filing for bankruptcy, don't worry; it's not as scary as it sounds. You will be unable to make sense of it all on your [...]

2022-04-13T12:54:20-08:00

What are my options for getting out of debt in Oregon?

How can I get out of debt in Oregon? People facing debt difficulties and want to get out of it must make a clear choice to do something about it. This decision must be accompanied by a firm determination to see through to the end of the debt reduction process. Debt reduction is not [...]

2024-03-21T04:10:44-08:00

How Do Debt Relief Services Work?

Debt relief, debt adjusting, or debt settlement services are often offered by companies that claim that they can negotiate with your creditors to reduce the amount you owe. Aside from the fact that there are many caveats, it is essential to remember that debt forgiveness may come with certain tax consequences. If the creditor [...]

2023-08-16T13:37:31-08:00

What to Expect When You Meet Your Bankruptcy Lawyer

  Many Americans are in financial distress from the pandemic. If you feel overwhelmed by medical debt, credit card debt, student loans, or tax debt, you’re not alone. One of the best ways to obtain debt relief and reclaim your financial future is to file a bankruptcy. Now, you may be anxious about what should [...]

2023-08-16T13:40:44-08:00

Understanding Debt Consolidation and Debt Settlement

Are you feeling overwhelmed with debt? Are you experiencing financial hardship due to a sudden loss of job, serious illness, costly medical bills, or excessive debts? These can be some of the reasons why you fail to make monthly mortgage payments on time. To break free from these forms of financial burden, you can [...]

2023-08-16T13:44:34-08:00

Bankruptcy Laws in Oregon

Bankruptcies are legal proceedings where the insolvent debtor is given financial freedom through a bankruptcy discharge, thereby granting the debtor a fresh start. In Oregon, declaring bankruptcy gives an automatic stay or bankruptcy protection so that the debtor is prevented from experiencing: Foreclosure Wage Garnishment Creditor Harassment Harassment of Collection Agencies Repossession Bankruptcy petitions [...]

2023-08-16T13:47:42-08:00

What are Bankruptcy Exemptions in Portland?

Bankruptcy laws allow an individual to keep some of his personal property including clothes, cars, tools of the trade, and your bank account. If your properties are exempt, the trustee in bankruptcy will not be liquidating such property to pay off your creditors. Most exemptions will protect your property but only up to a [...]

2023-08-16T13:51:48-08:00

What is a Dischargeable Debt in Oregon?

Dischargeable debts are debts that you owe which the Bankruptcy Code allows to be wiped out or erased. When you file for bankruptcy, you are immediately granted bankruptcy protection even if your debts are not eliminated yet. Filing in Oregon gives you protection from: Harassment from your creditors or debt collectors  Collection agencies  Stop [...]

2023-08-16T13:59:52-08:00