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.
Steps to Take Before Filing A Bankruptcy In Oregon or WashingtonDo your best to limit the the amount of purchase activity in the ninety days prior to the actual filing of your case. Stop using all of your credit cards today. If you have made big purchases, executed balance transfers or taken cash advances in [...]
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 [...]