What is the Tacoma bankruptcy process In Tacoma, bankruptcy attorneys are frequently asked about the bankruptcy process and bankruptcy forms. What steps are involved in filing bankruptcy? How much does it cost to file bankruptcy? How long will the bankruptcy take? The answer is, it depends on your situation. The fastest way to get [...]
Credit Counseling vs. Bankruptcy in Tacoma We are frequently asked about credit counseling and debt consolidation services in Tacoma, Washington. Everyone considering filing bankruptcy in Tacoma wants to know if Chapter 7 bankruptcy or credit counseling has more of an impact on your credit and what are the pros and cons of each. Chapter [...]
Chapter 7 Bankruptcy Pros and Cons in Tacoma Making the decision to file for bankruptcy under Chapter 7 of the bankruptcy code is difficult. You may be worried about how it will affect your credit or your reputation, but in most cases, it will dramatically improve your quality of life. Below is a list [...]
Filing for Bankruptcy without Your Spouse in Tacoma I get one question all the time from married couples who have accumulated debt during their marriage. Do both of them need to file bankruptcy in Tacoma or can just one spouse file the bankruptcy. Many couples want to save one of their credit scores. Often [...]
Discharge Your Other Debts So You Can Pay Your Taxes Ask yourself this one crucial question: if you filed a Chapter 7 case and discharged all or most of your non-tax debts, would that leave you with enough monthly cash flow to enable you to reliably make large enough monthly payments to the IRS/state [...]
Divorcing Spouses File a Chapter 7? A “joint case” is one filed “by an individual… and such individual’s spouse.” “Spouse” is not defined in the Bankruptcy Code, but presumably refers to someone who is legally married to the “individual.” So, if you and your spouse are contemplating divorce, you CAN file a Chapter 7 [...]
Sometimes it's helpful to have kind of a global or overhead view of a process before drilling down in into the particulars. What follows is a view of Chapter 7 bankruptcy in Oregon and Washington from 30,000 feet up. I mean that both figuratively and literally as I am writing this 30,000 feet above eastern [...]
In a big victory for mortgage lenders and an even bigger loss for Oregonians struggling to carry two mortgages, the U.S. Supreme Court has just ruled that underwater homeowners can’t get rid of a second mortgage by filing for chapter 7 bankruptcy. Where a home is worth less than the amount owed on the first [...]
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 [...]
Due to severe budgetary constraints, the United States Trustee is no longer designating bankruptcy cases for random audits. Bankruptcy attorneys across both Oregon and Washington who had to cope with the burdensome audit requirements aslong with their clients are now breathing a heavy sigh of relief Ever since the enactment of the Bankruptcy Abuse Prevention [...]
