Articles About Bankruptcy
News & Information About Bankruptcy in Tacoma, Seattle, Vancouver, Portland & Salem
How Do Debt Relief Services Work?
Debt relief, debt adjusting, or debt settlement services are often offered by companies that claim that they can negotiate with your creditors to reduce the amount you owe. Aside from the fact that there are many caveats, it is essential to remember that debt forgiveness may come with certain tax [...]
What to Expect When You Meet Your Bankruptcy Lawyer
Many Americans are in financial distress from the pandemic. If you feel overwhelmed by medical debt, credit card debt, student loans, or tax debt, you’re not alone. One of the best ways to obtain debt relief and reclaim your financial future is to file a bankruptcy. Now, you may [...]
Understanding Debt Consolidation and Debt Settlement
Are you feeling overwhelmed with debt? Are you experiencing financial hardship due to a sudden loss of job, serious illness, costly medical bills, or excessive debts? These can be some of the reasons why you fail to make monthly mortgage payments on time. To break free from these forms [...]
Bankruptcy Laws in Oregon
Bankruptcies are legal proceedings where the insolvent debtor is given financial freedom through a bankruptcy discharge, thereby granting the debtor a fresh start. In Oregon, declaring bankruptcy gives an automatic stay or bankruptcy protection so that the debtor is prevented from experiencing: Foreclosure Wage Garnishment Creditor Harassment Harassment of [...]
What are Bankruptcy Exemptions in Portland?
Bankruptcy laws allow an individual to keep some of his personal property including clothes, cars, tools of the trade, and your bank account. If your properties are exempt, the trustee in bankruptcy will not be liquidating such property to pay off your creditors. Most exemptions will protect your property [...]
What is a Dischargeable Debt in Oregon?
Dischargeable debts are debts that you owe which the Bankruptcy Code allows to be wiped out or erased. When you file for bankruptcy, you are immediately granted bankruptcy protection even if your debts are not eliminated yet. Filing in Oregon gives you protection from: Harassment from your creditors or [...]