Currently the maximum debt limits for Chapter 13 are $1,010,650 in secured debt, and $336,900 in unsecured debt. On April 1, 2010, those debt limits will likely increase to $1,081,500 for secured debt, and $360,525 in secured debt. While these increases are not exactly exponential, these days every little bit helps.
In both Oregon and Washington, credit card debt is just about the easiest form of debt to discharge in bankruptcy. Occasionally though a credit card lender will file an action against the debtor in the bankruptcy court in order to dispute the discharge of credit card balance. The creditor may assert that some part or [...]
What happens when you cannot make your Chapter 13 Bankruptcy payments to the Portland or Vancouver Trustee due to one time only expense or unanticipated bill? What do you do when, say, a car breaks down, your heating goes out, or when you or your spouse miss work due to a temporary illness or injury?The [...]
Many debtors are apprehensive about the first meeting of creditors and do not really understand what it is. This article will briefly explain what happens and what is expected of you. In Oregon, each bankruptcy petition signer must attend or the chapter 13 bankruptcy will be dismissed. You will want to verify the address of [...]