portland bankruptcy

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Values for Property in Oregon Bankruptcy

In bankruptcy, Oregon and Washington debtors are required to list all their assets and give a corresponding estimated value of his or her property. This is an easy task when the asset has an easily fixed cash value, like a stock, owed wages, or cash money. Household and personal items, vehicles, and even real estate [...]

2014-09-05T15:25:22+00:00

I Missed My Mortgage Payments During My Chapter 13

 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 of [...]

2009-05-02T06:53:42+00:00

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

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 statements showing any [...]

2009-05-01T06:53:59+00:00

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

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 may [...]

2009-04-29T07:37:34+00:00

The Disposable Income Requirement In Chapter 13

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 shown [...]

2009-04-24T10:07:42+00:00

Can I Lose My Discharge after My Case is Done?

The court may revoke a discharge under certain circumstances. For example, a trustee, creditor, or the U.S. trustee may request that the court revoke the debtor's discharge in a chapter 7 case based on allegations that the debtor: obtained the discharge fraudulently; failed to disclose the fact that he or she acquired or became entitled [...]

2008-06-08T16:55:27+00:00
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