Articles About Bankruptcy
News & Information About Bankruptcy in Tacoma, Seattle, Vancouver, Portland & Salem
Consumer Bankruptcy in Portland Oregon
There are several chapters in the bankruptcy code. Chapters 7, 11, 12, and 13 are the most common. There’s also a Chapter 15, but this bankruptcy chapter mainly involves insolvency cases in foreign countries. Chapter 12 is particularly for family farmers and family fishermen to file for bankruptcy protection. [...]
File For Bankruptcy in Tacoma Washington?
Do I Need to File For Bankruptcy in Tacoma Washington? You do not always get a “yes” or “no” answer when you ask someone if you should file bankruptcy in Tacoma, Washington. More often, people will respond, “File for bankruptcy only as a last resort!” This usually means, bankruptcies [...]
Is Bankruptcy Beneficial to Senior Citizens?
While bankruptcy often seems to be suggested as a way to stop harassment from collectors, if not totally eradicating one’s debts, seniors and retirees should carefully consider their options thoroughly. How much or how little property they have acquired may work against them.If the elderly have inherited or acquired substantial [...]
Bankruptcy Case Dismissal Without Prejudice
What Is A Bankruptcy Case Dismissal Without Prejudice?When you file for Chapter 7 or Chapter 13 bankruptcy, you must meet certain requirements to complete your case and get a discharge. If you are not able to comply with all the necessary requirements or steps, the bankruptcy court can dismiss your case with [...]
What are the Top Causes of Bankruptcy?
A common misconception is that irresponsible people are the ones who usually file for bankruptcy. However, nothing could be farther from the truth. While it is true that bad budgeting or overspending may be attributed to being irresponsible, managing money is harder than ever thanks to inflation. Thus, a combination [...]
Which Type of Bankruptcy is Better for A Small Business Owner Like Me?
When you find your small business in the red, bankruptcy may be your best option. Restructuring your debts under Chapter 11 or Chapter 13 (with certain limitations) may be the saving grace to keep your company afloat. On the contrary, if you are planning to close down your business, a "straight" [...]
