{"id":204,"date":"2010-06-19T21:54:50","date_gmt":"2010-06-19T21:54:50","guid":{"rendered":"http:\/\/174.120.83.8\/~nwdrlf\/?page_id=204"},"modified":"2021-12-13T09:55:14","modified_gmt":"2021-12-13T09:55:14","slug":"chapter-7-wiping-out-debts","status":"publish","type":"page","link":"https:\/\/nwdrlf.com\/chapter-7-bankruptcy-lawyer\/chapter-7-wiping-out-debts\/","title":{"rendered":"Oregon Chapter 7 Bankruptcy"},"content":{"rendered":"

Wipe Out Debt with Chapter 7 Bankruptcy Oregon<\/h2><\/span>
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Going bankrupt comes with a social stigma, so it\u2019s often the last resort that debtors turn to in their efforts to solve their financial problems. Bankruptcies may signify a low point in people\u2019s lives, but they do offer debt relief and a fresh start.<\/p>\n

There are different types of bankruptcy provided in the bankruptcy law. Personal bankruptcy is often filed under Chapter 7 or Chapter 13. These chapters usually involve consumer bankruptcy. Bankruptcy Chapter 7 of the United States bankruptcy code is called a \u201cliquidation\u201d bankruptcy, while Chapter 13 is referred to as \u201creorganization\u201d bankruptcy.<\/p>\n

Chapter 7 bankruptcy<\/u><\/a>\u00a0is a popular choice since it is a shorter process designed to help people who are unable to pay their existing debts. The purpose of filing a Chapter 7 bankruptcy case is to get out of debt by getting rid of all dischargeable debts.<\/p>\n<\/div>

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