Articles About Bankruptcy
News & Information About Bankruptcy in Tacoma, Seattle, Vancouver, Portland & Salem
When Chapter 13 Bankruptcy Is Better Than Chapter 7 Bankruptcy
Bankruptcy Attorney in Portland, OR Bankruptcy is a set of federal laws and regulations that can assist individuals and businesses with excessive debt. In almost all 94 federal judicial districts, bankruptcy cases are filed in bankruptcy court. Bankruptcy cases cannot be filed in state courts. By liquidating their assets [...]
Losing the Automatic Stay for Repeat Bankruptcy Filings in Oregon and Washington
Losing the Automatic Stay: A Quick Summary Filing for bankruptcy may be the solution when you want creditors to stop hounding you. The automatic stay stops any collection efforts, including but not limited to foreclosures, harassing phone calls, and lawsuits. However, repeated filings over the course of a year [...]
When Does My Chapter 7 Bankruptcy Case End In Oregon?
Chapter 7 Bankruptcy: A Bird’s Eye View Chapter 7 bankruptcy gives you a "second chance" to get your finances under control by having a bankruptcy court legally discharge (or wiped out in friendly lingo) most of your unsecured debt, such as credit card debt, hospital bills, as well as [...]
Bankruptcy Cases: Dismissed Without Prejudice?
Terminology like "dismissal without prejudice" is used in the legal industry, and it has significant implications when it comes to a bankruptcy filing. While having your bankruptcy case dismissed might be upsetting, a dismissal without prejudice is preferable to one with prejudice. The debtor is free to file for [...]
What Happens When You File For Bankruptcy In Oregon?
Filing bankruptcy is often seen as a last resort for people experiencing financial difficulties. Declaring bankruptcy may provide you with an opportunity to get your finances in order, and potentially even a clean slate—but it also has negative consequences that can impact your assets and make it hard to [...]
Can You Lose an Automatic Stay for Repeat Bankruptcy Filings?
So, you’ve already filed for bankruptcy. With the automatic stay in effect, creditors, especially the abusive ones, wouldn’t be able to bug you. However, it’s inevitable to face renewed financial difficulties soon after emerging from bankruptcy. If you’re thinking of filing for a second time, you may want to [...]